Bullboard - Stock Discussion Forum Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 ENDTF

Primary Symbol: T.EIT.PR.A Alternate Symbol(s): T.EIT.UN | T.EIT.PR.B

Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of Fund are to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt... see more

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Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 > Movement

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Post by Toppicks1 on Oct 16, 2024 8:39am

Movement

Yes this is Avery well managed fund but there is something else going on in my opinion. Maybe some large banks finally woke up the the fact that they have paid 9% yield for 15 years without ever missing a payment maybe. I'm in the camp of a divi increase for the reason of it looks to open above nav this am. Again been here for years never seen that either. Anyway enjoy this thing is a beast.

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