Canoe EIT Income Fund Announces August 2025 Monthly Distribution and Quarterly Distribution on Preferred Units

Canoe EIT Income Fund announced an August 2025 monthly distribution of $0.10 per unit, and a quarterly distribution for preferred units of $0.30 per unit. The distributions will be payable on September 15, 2025, to unitholders of record on August 22, 2025.

CALGARY, Alberta, Aug. 05, 2025 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) has announced a significant distribution for its unitholders. Effective August 2025, the Fund will distribute $0.10 per unit on a monthly basis and $0.30 per unit on a quarterly basis for preferred units. These distributions will be payable on September 15, 2025, to unitholders of record as of August 22, 2025 [1].

The Canoe EIT Income Fund, one of Canada’s largest closed-end investment funds, is designed to maximize monthly distributions and capital appreciation. It invests in a broadly diversified portfolio of high-quality securities. The Fund is listed on the TSX under the symbol EIT.UN and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer of Canoe Financial [2].

Canoe Financial, an employee-owned investment management firm, manages over $20 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is focused on building financial wealth for Canadians and has a significant presence across Canada, including offices in Calgary, Toronto, and Montreal [2].

The monthly distribution of $0.10 per unit and the quarterly distribution of $0.30 per unit for preferred units are part of the Fund’s strategy to maximize distributions to its unitholders. These distributions are comprised in whole or in part of Return of Capital (ROC), which reduces the amount of the original investment and may result in the return of the entire amount of the original investment. ROC that is not reinvested will reduce the net asset value of the fund, potentially impacting its ability to generate future income [1].

Investors are advised to consult their investment advisors for details and risk factors regarding specific strategies and various investment products. It is important to note that investment funds are not guaranteed and past performance is not indicative of future results [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/05/3127910/0/fr/Le-fonds-de-revenu-Canoe-EIT-annonce-une-distribution-mensuelle-ainsi-qu-une-distribution-trimestrielle-sur-les-parts-privil%C3%A9gi%C3%A9es-pour-ao%C3%BBt-2025.html
[2] https://www.globenewswire.com/news-release/2025/08/05/3127910/0/en/Canoe-EIT-Income-Fund-Announces-August-2025-Monthly-Distribution-and-Quarterly-Distribution-on-Preferred-Units.html