Canoe EIT Income Fund Announces August 2025 Distributions

In a recent announcement, Canoe EIT Income Fund, a prominent closed-ended balanced fund domiciled in Canada, has declared its August 2025 monthly and quarterly distributions for its preferred units. This news, reported by multiple financial news outlets including GlobeNewswire, CEO.ca, and the Financial Post, underscores the Fund’s consistent performance and commitment to delivering value to its investors.

Key Distribution Details

The Fund, which trades on the Toronto Stock Exchange under the ticker EIT.UN, has announced a monthly distribution of $0.10 per unit for August 2025. In addition to this, preferred unit holders are set to receive a quarterly distribution. Specifically, holders of Cumulative Redeemable Series 1 (EIT.PR.A) and Series 2 Preferred (EIT.PR.B) units will benefit from a quarterly distribution of $0.30 per unit.

Financial Overview

As of July 31, 2025, Canoe EIT Income Fund’s close price stood at CAD 25.49, with a 52-week high of CAD 25.58 and a low of CAD 24.93. The Fund boasts a market capitalization of CAD 2.7 billion and a price-to-earnings ratio of 4.25, reflecting its robust financial health and investor confidence.

Management and Strategy

Managed by Canoe Financial LP and co-managed by Haber Trilix Advisors, LP, the Fund specializes in investments across public equity and fixed income markets in both Canada and the United States. Since its inception following its IPO on August 7, 1997, the Fund has maintained a strategic focus on balanced investment opportunities, contributing to its sustained performance.

Forward-Looking Perspective

The announcement of these distributions highlights the Fund’s ongoing strategy to provide consistent returns to its investors. With a strong management team and a diversified investment approach, Canoe EIT Income Fund is well-positioned to navigate market fluctuations and continue delivering value. Investors and market watchers will be keenly observing the Fund’s future performance, especially in light of its strategic investments and distribution policies.

For more detailed information, stakeholders are encouraged to visit the Fund’s official website at www.canoefinancial.com .