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Canoe EIT Income Fund Announces August 2025 Monthly Distribution and Quarterly Distribution on Preferred Units
Globenewswireยท2025-08-05 20:45

Distribution Announcements - Canoe EIT Income Fund announced a monthly distribution of $0.10 per unit for August 2025 [1] - Preferred unit holders will receive a quarterly distribution of $0.30 per unit for Cumulative Redeemable Series 1 (EIT.PR.A) and Series 2 Preferred (EIT.PR.B) [1] - Distributions are payable on September 15, 2025, to unitholders of record on August 22, 2025 [1] Company Overview - Canoe EIT Income Fund is one of Canada's largest closed-end investment funds, focusing on maximizing monthly distributions and capital appreciation through a diversified portfolio of high-quality securities [2] - The Fund is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer at Canoe Financial [2] Canoe Financial Background - Canoe Financial is a rapidly growing independent mutual fund company managing over $20.0 billion in assets across various investment solutions [3] - Founded in 2008, Canoe Financial is an employee-owned firm dedicated to building financial wealth for Canadians, with offices in Calgary, Toronto, and Montreal [3]