E Split Corp T.ENS

Alternate Symbol(s): ENSPF | T.ENS.PR.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.

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E Split Corp > Middlefield's next play

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Comment by ANALOG GUYon Aug 21, 2024 1:19pm

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Post# 36190182

RE:Middlefield's next play

I dunno why we are trading so far under NAV but I'm tired of thinking about it

Had some cash looking for a home, bot 10,000 shares at $11.88

whatever the future price is I will collect that 13% yield for years to come

As far as I can tell Middlefield has never missed an ENS dividend since inception

GLTA

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