A Yield to Caution: Canoe EIT Income Fund

CANOE EIT INCOME FUND $13 (Toronto symbol EIT.UN; Units o/s: 171.4 million; Market cap: $2.2 billion; Divd. yield: 9.2%; www.canoefinancial.com) is a closed-end fund that invests in a portfolio of dividend paying stocks. Canadian stocks account for 56.1% of its holdings, followed by the U.S. at 41.3%.
Canoe… Read More

A Yield to Caution

BOSTON PIZZA ROYALTIES INCOME FUND $17 (Toronto symbol BPF.UN; Units outstanding: 21.5 million; Market cap: $365.5 million; Dividend yield: 7.2%; www.bpincomefund.com) holds certain trademarks and trade names used by Boston Pizza restaurants in Canada.
Those exclusive names are licensed to Boston Pizza for 99 years. In return, it… Read More

A Yield to Caution

CHEMTRADE LOGISTICS INCOME FUND $7.22 (Toronto symbol CHE.UN; Units outstanding: 104.8 million; Market cap: $756.7 million; Dividend yield: 8.3%; www.chemtradelogistics.com) is one of the largest removal-service providers for resource firms that create acids and sulphur as by-products.
The Toronto-based company also makes and sells a variety of chemicals… Read More