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Bullboard - Stock Discussion Forum Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.PR.A

Alternate Symbol(s):  ENDTF | 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

TSX:EIT.PR.A - Post Discussion

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Post by apollojetic on Mar 25, 2022 1:33pm

Good stock to own as rates rise

Proven management. Great diversified stock holdings including Berkshire Hathaway. And a great yield.

No dividend reduction during one of the most turbulent times ever in the markets for the past 2 years. They are definitely doing something right.

With a rising rate scenario and rising inflation investors are appreciating the value here and are being payed handsomely monthly as well.
Comment by gleninagh on Mar 28, 2022 2:52pm
Agreed.... i have been in this one since it was at about $9.00. Nice returns, safe haven for retirement funds, well managed  outfit. Will be adding shortly, once one of my other  inventments reaches it zenith!
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