Investment Q&A

Q: I am relooking at the Fixed Income portion of my portfolio. The bulk is bond funds, but it also includes a few GIC’s and a HISA. But what about Preferred Shares, EIT, FIE, TXF, and UMAX, all of which I hold STRICKLY for their distributions? I am currently grouping them in with my dividend stocks but maybe they should be included in Fixed Income? EIT and FIE have paid out the same distribution for ten plus years. Thanks.

Q: Would appreciate an update on this trio of related companies. The share split seems to have benefitted EVT and ELF appears to be increasing in anticipation of the same.

Q: You recently answered a question about HDIV and ETSX. I currently own ETSX and have been happy with the income and growth it has generated. I am thinking of adding HDIV or EIT.UN.
Could I get your comments on EIT.UN as a comparison to the other 2 funds?
I am a retiree looking primarily for steady income with some growth.

Q: Would the Blackrock Corporate High Yield Fund be appropriate for an otherwise reasonably well-diversified equity-oriented dividend portfolio in the current market environment? I recognize its potential for negative volatility and intend to use 5% stop-loss orders if I proceed with this trade. Thanks for your insights. David

Q: Dear 5i team.

Can you shed light on why EIT appears to have similar volitility to the general market?
What are the top holdings? Does it use leverage?
Is this something that is just too volitile for a conservative investor? The wild ride with the market last few weeks has got my attention.

Many thanks for your help

Q: I purchased this fund for secure monthly income hoping it would also hold up well .Could you give me an understanding of why it is dropping.in value? Currently down 3.5%.is this not to bad.Tks Larry

Q: Please advise if this company is a long-term hold. Is its dividend sustainable? Thank you.

Q: Under current conditions would you comment on FAP. Buy/sell/hold. Thanks as always

Q: Hi 5i
At what share price will FTN discontinue its dividend? I know you've mentioned split share dividends are dependant on NAV but how does one find the NAV value? I cant seem to find it??
How do you view dividend going forward .....?
Does current dividend look like it in trouble at these levels?

And are the preferred dividends fixed or subject to adjustment ?
Thx

Q: Hello. Could you comment on how the yield is achieved in this fund? Dividends will form part and I see leverage was mentioned in a previous answer (assuming there is a net benefit from additional yield over the cost of leverage). Does this fund also employ an options strategy? If no options strategy, am I right that a good chunk of the distribution over time has been return of capital? Secondly, could you comment on the volume/liquidity of the fund over time? I'm thinking of starting a position in this across our investment accounts but am concerned about what might be limited volume on entry or exit. Thank-you.

Q: If you were considering defensive choices in the current climate for a retired client relying on an income portfolio of securities for a large percentage of their income, would you consider VVR? If not, what sort of defensive income-producing diversifier would you prefer?

Q: Merry Christmas to the staff.
i'm 81 just floating until the end of the road,I'm considering adding to my TSFA only for income purposes, PDO , PDI.CAN., and or ZWU which of the 3 you consider the safest bet,Are these US.income funds affected by N.R. tax .

Tnks.

Dan

Q: Can I please have an updated view of ESP. Last question was in the spring. Is the 18% sustainable for the near future?

Q: TYG has had a very nice year. Up 65%. Yet PE is only 4.6 and Yield is 6.6%. Looking for growth and income would this be positive addition to my portfolio?

Thanks.

Q: Can you provide an 'idiot's guide' answer to what FTN is and how it works.

Would it have been a good investment over the last 3 years compared to an average dividend paying stock?

Would you recommend it as a good investment for the next 3 years given anticipatedmarket conditions? Thanks

Q: Any insight on the sudden pullback today on PDI?

Thank you,

Q: There are proposed changes with PIC could you clarify the ongoing business. financials for this year and upcoming events.Use as many credits Tks 5i

Q: Hi,
As a Canadian investor, looking to buy into OpenAi, could you tell me what ETF’s have OpenAi holdings please? I have tried looking into Ark VX, but it appears I can only access that through “soFi” software. I am open to any suggestions you have.

As always, you’re insight is always much appreciated. Thanks!

Dawn

Q: Templeton's recent bad PR reminded me of my previous interest in their Templeton Dragon fund. Any idea whether the fund's recent poor performance can be reversed? Thanks!!

Q: Blackrock sent a tender offer today: "Option 1: Tender Consideration (USD funds) (Subject to Proration) - To receive 98% of the NAV per share of Blackrock Capital Allocation Term Trust Common Share tendered on pricing date". Or do nothing and hold.

1. The current NAV shows on a 'net search as $17.45; would you expect that to change much from now until the "pricing date"?
2. What is the date for the "pricing date"?
3. Why would Blackrock want to do this?
4. What would you do if you owned shares? Current share price is $16.36;
5. Where can I find the offering circular?

6. Also, my 2 service providers show the yield at 11.5%; the profile on the 5i Market Data shows it at 21%. What do you think it is?

Many thanks for your excellent service.