Enbridge Income Fund HoldingsENF.TOBUYSep 25, 2014Stock price when the opinion was issued
As of Nov 10, 2018. Market Open.
Enbridge wants to buy ENF to simplify their corporate structure. In the States, Enbridge offered a small premium, while in Canada, they offered a premium. He suspects the directors of ENF-T are waiting for a higher premium (or that's what he would do). Pays a higher yield than Enbridge Inc. but lacks the dividend growth potential.
Energy infrastructure space which she likes. Pipeline and mid-stream companies. If you are an older investor it is a great one for you. Stable income stream. ENB-T is good too, but takes on more development and cap x risk.