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  5. EIT.UN: I am relooking at the Fixed Income portion of my portfolio. [Canoe EIT Income Fund]

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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.
Asked by Kim on June 30, 2025
5i Research Answer:
We would mostly classify EIT.UN, FIE, TXF, and UMAX as income funds or 'hybrid income'. Most...

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in TXF.

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