…and Pembina converts

PEMBINA PIPELINE CORPORATION $22.05 (Toronto symbol PPL; Shares outstanding: 164.5 million; Market cap: $3.6 billion; SI Rating: Extra Risk; Dividend yield: 7.1%; www.pembina.com) is the new name of Pembina Pipeline Income Fund following its conversion to a dividend-paying corporation on October 1, 2010.

Pembina aims… Read More

Steady payouts in store for these trusts

CAPITAL POWER INCOME L.P. $18.80 (Toronto symbol CPA.UN; Shares outstanding: 55.1 million; Market cap: $1.0 billion; SI Rating: Extra Risk; Dividend yield: 9.4%) has interests in 20 power plants in Canada and the U.S.

These facilities generate a total of 1,378 megawatts, and are mostly natural-gas… Read More

Pembina sets a conversion date

PEMBINA PIPELINE INCOME FUND $18.17 (Toronto symbol PIF.UN; Units outstanding: 163.5 million; Market cap: $3.0 billion; SI Rating: Extra Risk; Dividend yield: 8.6%) owns nine pipeline systems in western Canada. It also owns the Syncrude, Horizon and Cheecham pipelines, which transport crude oil from the… Read More

Two ex-trusts hold payouts steady

PEMBINA PIPELINE INCOME FUND $17.86 (Toronto symbol PIF.UN; Units outstanding: 160.0 million; Market cap: $2.9 billion; SI Rating: Extra Risk; Dividend yield: 8.7%) owns nine pipeline systems with a total length of over 8,000 kilometres. This network is the largest feeder operation in Canada. These… Read More

Here are two income trust buys

INNERGEX POWER INCOME FUND $9.95 (Toronto symbol IEF.UN; Shares outstanding: 29.4 million; Market cap: $292.6 million; SI Rating: Extra Risk) owns interests in 10 hydroelectric power plants in Quebec, Ontario, British Columbia and Idaho, as well as two wind farms in Quebec.

The company’s hydroelectric plants… Read More

I own the following trusts: Crescent Point Energy Trust, Canadian Oil Sands Trust Canadian REIT, Pembina Pipeline Income Fund and Labrador Iron Ore Royalty Income Fund. What is your advice on these trusts?

Canadian REIT and Pembina Pipeline Income Fund are both recommendations of our Canadian Wealth Advisor newsletter. We see them both as buys. Crescent Point Energy Trust recently converted itself into a conventional corporation. Its new name is Crescent Point Energy Corp. (symbol CPG on Toronto)… Read More

Strong assets cut risk for these two

PEMBINA PIPELINE INCOME FUND $14.86 (Toronto symbol PIF.UN; Units outstanding: 151.7 million; Market cap: $2.3 billion; SI Rating: Extra risk) owns nine pipeline systems with a total length of over 8,000 kilometres. This network is the largest feeder operation in Canada. These pipelines bring oil… Read More

Thanks for your not-quite-perfect advice over the years. What am I missing with the Brompton VIP Fund? It looks like a closed-end fund trading at less than net asset value and a 16% return. Thanks.

Brompton VIP Income Fund, $6.28, symbol VIP.UN on Toronto (Units outstanding: 47.2 million; Market cap: $296.4 million), holds a portfolio of mostly income trusts, along with some common stocks and bonds.

The fund focuses on business trusts, with smaller weightings in real estate investment trusts… Read More

Two Stable Trusts for Volatile Markets

PEMBINA PIPELINE INCOME FUND $15.15 (Toronto symbol PIF.UN; Shares outstanding: 133.6 million; Market cap: $2.0 billion; SI Rating: Extra risk) has interests in 14 feeder pipeline systems with a total length of 8,350 kilometres. This network is the largest feeder operation in Canada. These pipelines… Read More

Two Stable Trusts for Income and Growth

PEMBINA PIPELINE INCOME FUND $18.11 (Toronto symbol PIF.UN; SI Rating: Extra risk) has interests in 14 feeder pipeline systems with a total length of 8,350 kilometres. This network is the largest feeder operation in Canada. These pipelines bring oil and gas from fields in northeastern… Read More