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Bullboard - Stock Discussion Forum MINT Income Fund T.MID.UN

Alternate Symbol(s):  MICFF

MINT Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high income securities on a cost-effective basis. The Fund invests in a diversified portfolio of securities consisting primarily of high-yielding equity securities of issuers operating in various... see more

TSX:MID.UN - Post Discussion

MINT Income Fund > an almost 10% yield .. but falling prices for 10+ years ?
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Post by YieldChaser88 on Sep 11, 2020 6:47pm

an almost 10% yield .. but falling prices for 10+ years ?

is this almost 10% annual yield sustainable? Will price continue to fall ?
Comment by whodathunkit on Sep 11, 2020 6:55pm
First of all I wouldn't say it's been falling prices for 10+ years.  It has actually been up and down with a few dips into the low/mid $4's but always rebounding and sometimes jumping into the 6's and low 7's.  It always seems to want to settle around the $5 mark. This is an investment income fund.  They derive their income from passive investments so as long as ...more  
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