{"id":429549,"date":"2021-02-04T16:33:10","date_gmt":"2021-02-04T21:33:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=429549"},"modified":"2021-02-04T16:33:10","modified_gmt":"2021-02-04T21:33:10","slug":"canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\/","title":{"rendered":"Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">CALGARY, Alberta, Feb.  04, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Canoe EIT Income Fund (\u201cCanoe\u201d or the \u201cFund\u201d)(TSX \u2013 EIT.UN, EIT.PR.A, EIT.PR.B)<\/strong> announces quarterly distribution on preferred units.<\/p>\n<p align=\"justify\">Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on March 15, 2021 to unitholders of record on February 22, 2021. The ex-distribution date for this distribution is February 19, 2021.<\/p>\n<p align=\"justify\">\n        <strong>About Canoe EIT Income Fund<\/strong><br \/>\n        <br \/>Canoe EIT Income Fund is one of Canada\u2019s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Portfolio Manager, Canoe Financial.<\/p>\n<p align=\"justify\">\n        <strong>About Canoe Financial <\/strong><br \/>\n        <br \/>Canoe Financial is one of Canada\u2019s fastest growing independent mutual fund companies managing over $8.9 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.<\/p>\n<p align=\"justify\">\n        <strong>For further information, please contact:<\/strong><br \/>\n        <br \/>Investor Relations<br \/>1\u2013877\u2013434\u20132796<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0sthpzh4py_zzzg508e6KKhMFHjTMfR3XSxIgacfbWGkERC2EcXiBj_fUN8HvSEFZCaTubHXdRo8V3KEfWeCf7cHm6SPVZGJECchTVIhMpw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.canoefinancial.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qD1y58rSo8iGnGyh_JoqVVFZnG9hpYgePL5RKC-hTigYYiSIvhMroDsqPmRUieoDsLvug5RVz8kunaMWuLEdEbZYA0Ny-yo2Gnjqa_xyssQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@canoefinancial.com<\/a><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund\u2019s ability to generate future income. You should not draw any conclusions about the fund\u2019s investment performance from the amount of this distribution.<\/p>\n<p align=\"justify\">Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated.<\/p>\n<p align=\"justify\">This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NzczMCMzOTYxOTc2IzIwOTEzOTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/79917420-1207-4450-982d-619f94ba5463\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CALGARY, Alberta, Feb. 04, 2021 (GLOBE NEWSWIRE) &#8212; Canoe EIT Income Fund (\u201cCanoe\u201d or the \u201cFund\u201d)(TSX \u2013 EIT.UN, EIT.PR.A, EIT.PR.B) announces quarterly distribution on preferred units. Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on March 15, 2021 to unitholders of record on February 22, 2021. The ex-distribution date for this distribution is February 19, 2021. About Canoe EIT Income Fund Canoe EIT Income Fund is one of Canada\u2019s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-429549","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CALGARY, Alberta, Feb. 04, 2021 (GLOBE NEWSWIRE) &#8212; Canoe EIT Income Fund (\u201cCanoe\u201d or the \u201cFund\u201d)(TSX \u2013 EIT.UN, EIT.PR.A, EIT.PR.B) announces quarterly distribution on preferred units. Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on March 15, 2021 to unitholders of record on February 22, 2021. The ex-distribution date for this distribution is February 19, 2021. About Canoe EIT Income Fund Canoe EIT Income Fund is one of Canada\u2019s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and &hellip; Continue reading &quot;Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-04T21:33:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NzczMCMzOTYxOTc2IzIwOTEzOTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units\",\"datePublished\":\"2021-02-04T21:33:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\\\/\"},\"wordCount\":445,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE0NzczMCMzOTYxOTc2IzIwOTEzOTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-eit-income-fund-announces-february-2021-quarterly-distribution-on-preferred-units\\\/\",\"name\":\"Canoe EIT Income Fund Announces February 2021 Quarterly Distribution on Preferred Units - 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Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on March 15, 2021 to unitholders of record on February 22, 2021. The ex-distribution date for this distribution is February 19, 2021. About Canoe EIT Income Fund Canoe EIT Income Fund is one of Canada\u2019s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. 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