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 > The disconnect continues

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Comment by cttglvron Nov 08, 2024 4:16pm

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Post# 36303961

RE:RE:The disconnect continues

Once again ENB up and ENS down. I figure the discount to NAV is about $1.43 and approaching 10%.

I think there are other attractive options to invest. It's time to trim back some ENS and invest elsewhere. I don't know how high ENB will go but it's apparent that ENS won't follow by much if at all. ENS will sure tank fast if ENB makes any move down. The risk/reward isn't there anymore with ENS.

GLTA

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