Enbridge Inc T.ENB.PR.D

might be interesting

[Obscure1]

I invest in ENB through ENS which is an ETF that pays monthly dividends. 

The fund manager for ENS is Middlefield and the guy that runs the portfolio is Rob Lauzon. 

The ENS fund owns over 1% of ENS and Lauzon is dialed in. 

I keep track of the live NAV of ENS as trading opportunities come up.  For the last few days, ENB has been down and my Expected NAV has fallen a bit below the reported NAV. 

Unless my expected NAV calculation has suddenly gone stupid after a few years of being dead on, the only explanation for the actual NAV outperforming my Expected NAV is that Middlefield has not reinvested the latest ENB dividend that the fund recently received.  

I'm just guessing, but I suspect that Lauzon knows that ENB will press the trigger on the anticipated Raise in the near future and is holding back investing the proceeds of the divi to take advantage of a lower expected price.  

This is not investment advice as I'm just guessing like the rest of us.

[ecolo101]

It is not an ETF as written above but a preferred share, E Split Corp. Class A Shares (T.ENS) and more on it as it could be risky if you need your money quickly.   https://stockinvest.us/stock/ENS.TO do your due diligence  note , I own it since I decided to reinvest the dividend in it to keep getting a monthly dividend  but will watch it closely and sell if any risk