Enbridge Income Fund Holdings | StockChase
145
Enbridge Income Fund Holdings (ENF-T)

Last Price Recorded: $27.7100 on 2018-02-22

ON STOCKCHASE SINCE Jun 2003

oil/gas
145
Enbridge Income Fund Holdings (ENF-T)

Last Price Recorded: $27.7100 on 2018-02-22

ON STOCKCHASE SINCE Jun 2003

oil/gas

Enbridge Income Fund Holdings


Signal Opinion Expert
BUY

It is fine but why not go to a diversified source of dividends.  ZWC-T is a basket of the best of the dividends plus a covered call overlay.  You could also go for a foreign ETF but dividends are taxable.

oil/gas

It is fine but why not go to a diversified source of dividends.  ZWC-T is a basket of the best of the dividends plus a covered call overlay.  You could also go for a foreign ETF but dividends are taxable.

oil/gas
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$27.210
Owned Owned
Unknown

HOLD

Each year they've been increasing it by 10%. Price has been bouncing between $27-33, but it's now's attractive. Q3 missed because of Enbridge's parent, Enbridge Income Fund, had a miss. Also hurt by interest-sentitive fears. Have commitments on their pipelines. They have storage. Also have renewable resources. Good company for an income investor. Probably won't jump to $33 immediately, because the whole space has been hit, but collecting the yield is good. Yield 8.3%.

oil/gas

Each year they've been increasing it by 10%. Price has been bouncing between $27-33, but it's now's attractive. Q3 missed because of Enbridge's parent, Enbridge Income Fund, had a miss. Also hurt by interest-sentitive fears. Have commitments on their pipelines. They have storage. Also have renewable resources. Good company for an income investor. Probably won't jump to $33 immediately, because the whole space has been hit, but collecting the yield is good. Yield 8.3%.

oil/gas
Lorne Zeiler

Portfolio Manager & Wealth Advisor, TriDelta Financial...

PricePrice
$27.280
Owned Owned
Unknown

DON'T BUY

Gives a high dividend yield but has lost over 25% in share price in the last year. There are a handful of stocks that are interest sensitive but that have the potential for growth to offset interest rate pressure. Enbridge is not among them and has not participated on the upside of rising oil prices. (Analysts' price target is just under $34).

oil/gas

Gives a high dividend yield but has lost over 25% in share price in the last year. There are a handful of stocks that are interest sensitive but that have the potential for growth to offset interest rate pressure. Enbridge is not among them and has not participated on the upside of rising oil prices. (Analysts' price target is just under $34).

oil/gas
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisor...

PricePrice
$27.330
Owned Owned
Unknown

BUY

He sees the dividend as being sustainable. They can grow their Free Cash Flow per Share 9%, for 2017-2019. The company recently gave guidance they’ll continue to grow their dividend 10% per year, out to 2020. The concern here is the regulatory approval for the Line 3 replacement risk. He thinks that it goes forward. Feels this is a buying opportunity. Dividend yield of 7.8%.

oil/gas

He sees the dividend as being sustainable. They can grow their Free Cash Flow per Share 9%, for 2017-2019. The company recently gave guidance they’ll continue to grow their dividend 10% per year, out to 2020. The concern here is the regulatory approval for the Line 3 replacement risk. He thinks that it goes forward. Feels this is a buying opportunity. Dividend yield of 7.8%.

oil/gas
Greg Newman

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$28.720
Owned Owned
Unknown

COMMENT

Change from Enbridge Inc. to this? His preference has always been for Enbridge Inc. than the income fund. The income fund has an attractive yield, but management's focus is on Enbridge Inc. They have an objective to increase dividends over the next few years at a rate of about 10%, and he can't see why they shouldn't be able to accomplish that. None of the pipelines look cheap from a statistical point of view, but this company's management has done extremely well within the industry. He would prefer Enbridge Inc. to this.

oil/gas

Change from Enbridge Inc. to this? His preference has always been for Enbridge Inc. than the income fund. The income fund has an attractive yield, but management's focus is on Enbridge Inc. They have an objective to increase dividends over the next few years at a rate of about 10%, and he can't see why they shouldn't be able to accomplish that. None of the pipelines look cheap from a statistical point of view, but this company's management has done extremely well within the industry. He would prefer Enbridge Inc. to this.

oil/gas
Michael Sprung

President, Sprung Investment Ma...

PricePrice
$29.330
Owned Owned
Unknown

BUY

He holds ENB-T.  The parent pushes assets down on them and are forced to issue equity to pay for it.  The yield is quite attractive.  He prefers the safety of the parent.

oil/gas

He holds ENB-T.  The parent pushes assets down on them and are forced to issue equity to pay for it.  The yield is quite attractive.  He prefers the safety of the parent.

oil/gas
Bruce Campbell (1)

President, Campbell and Lee Inv...

PricePrice
$29.410
Owned Owned
No

TOP PICK

This has been trading for some years between its BV and about 80% of Book. Nice FMV and nice upside potential. Historically cheap, and doesn't think there is a big risk in it. Dividend yield of 7.8%. (Analysts' price target is $33.)

oil/gas

This has been trading for some years between its BV and about 80% of Book. Nice FMV and nice upside potential. Historically cheap, and doesn't think there is a big risk in it. Dividend yield of 7.8%. (Analysts' price target is $33.)

oil/gas
Ross Healy

Chairman, Strategic Analysis C...

PricePrice
$29.150
Owned Owned
Yes

HOLD

A good investment for yield and income. The stock has been held back and thinks the market is waiting for their line 3 replacement to get final approval, which is due later on this year. Prefers the parent Enbridge (ENB-T) for their global diversity and their Spectra assets. However, both are good income vehicles.

oil/gas

A good investment for yield and income. The stock has been held back and thinks the market is waiting for their line 3 replacement to get final approval, which is due later on this year. Prefers the parent Enbridge (ENB-T) for their global diversity and their Spectra assets. However, both are good income vehicles.

oil/gas
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$29.520
Owned Owned
No

HOLD

Enbridge (ENB-T) or Enbridge Income Fund (ENF-T) for a 45-year-old? He holds this. It isn't really much of a growth stock. It looked okay for a while, then started rolling over in early 2017. For people just looking for the dividend, it has pretty good support at around $27, so your downside is not huge. If he had to choose between the 2, he would probably select Enbridge (ENB-T) for the growth side and Enbridge Income (ENF-T) for the dividend. Dividend yield of about 7.5%.

oil/gas

Enbridge (ENB-T) or Enbridge Income Fund (ENF-T) for a 45-year-old? He holds this. It isn't really much of a growth stock. It looked okay for a while, then started rolling over in early 2017. For people just looking for the dividend, it has pretty good support at around $27, so your downside is not huge. If he had to choose between the 2, he would probably select Enbridge (ENB-T) for the growth side and Enbridge Income (ENF-T) for the dividend. Dividend yield of about 7.5%.

oil/gas
Keith Richards

Portfolio Manager, ValueTrend Wealth Ma...

PricePrice
$29.860
Owned Owned
Yes

DON'T BUY

The parent company Enbridge (ENB-T) has a lot of debt. They are in pipelines which is a tough business because of environmental concerns. This stock, the Enbridge Income Fund is a subordinate to the parent. The chart shows the stock, over the last 3 years, hasn't done much at all. It is a yield generating stock, but doesn't look like it has any momentum. If anything, there is some slight downside risk. He would avoid this.

oil/gas

The parent company Enbridge (ENB-T) has a lot of debt. They are in pipelines which is a tough business because of environmental concerns. This stock, the Enbridge Income Fund is a subordinate to the parent. The chart shows the stock, over the last 3 years, hasn't done much at all. It is a yield generating stock, but doesn't look like it has any momentum. If anything, there is some slight downside risk. He would avoid this.

oil/gas
William Chin

Portfolio manager, Caldwell Investment ...

PricePrice
$29.810
Owned Owned
Unknown

HOLD

They recently raised equity.  It gives you a 6.9% dividend rate with modest growth.  He’d like to see the government change the rules regarding these equities.

oil/gas

They recently raised equity.  It gives you a 6.9% dividend rate with modest growth.  He’d like to see the government change the rules regarding these equities.

oil/gas
Michael Simpson, CFA

Senior Vice-President, Sentry Investments...

PricePrice
$29.660
Owned Owned
Unknown

COMMENT

Doesn't own this, but does own Enbridge (ENB-T). The company was very smart reorganizing into 2 structures. Lately they’ve done a lot to shore up the capital structure of both. If buying for yield, this has a slight advantage, but Enbridge (ENB-T) has reiterated that they intend to grow their dividend by about 10% over the next few years. They keep adding assets that are adding more cash flow. All the pipeline companies look somewhat expensive, and all go through the cycle of issuing equity to invest in capital expenditures, which adds to debt. Once those report cash flows, you are into the same cycle again. Prefers Enbridge (ENB-T) and taking the slight discount, but really doesn't have a problem with this one.

oil/gas

Doesn't own this, but does own Enbridge (ENB-T). The company was very smart reorganizing into 2 structures. Lately they’ve done a lot to shore up the capital structure of both. If buying for yield, this has a slight advantage, but Enbridge (ENB-T) has reiterated that they intend to grow their dividend by about 10% over the next few years. They keep adding assets that are adding more cash flow. All the pipeline companies look somewhat expensive, and all go through the cycle of issuing equity to invest in capital expenditures, which adds to debt. Once those report cash flows, you are into the same cycle again. Prefers Enbridge (ENB-T) and taking the slight discount, but really doesn't have a problem with this one.

oil/gas
Michael Sprung

President, Sprung Investment Ma...

PricePrice
$29.810
Owned Owned
No

COMMENT

She likes the group, but doesn't own this. They recently did an equity issue to alleviate funding concerns over the next few years, as they have a big capital spending program. Provides a very attractive yield of 7%, which she feels is safe. Prefers the parent Enbridge (ENB-T). (See Top Picks.)

oil/gas

She likes the group, but doesn't own this. They recently did an equity issue to alleviate funding concerns over the next few years, as they have a big capital spending program. Provides a very attractive yield of 7%, which she feels is safe. Prefers the parent Enbridge (ENB-T). (See Top Picks.)

oil/gas
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$29.420
Owned Owned
No

TOP PICK

Enbridge (ENB-T) rolls a portion of their Canadian assets into this and pay out the depreciation giving a nice yield. He accumulates this when it is in the $27-$28 range. Believes they will grow the dividend 10%. Dividend yield of 7.03%. (Analysts’ Price Target is $34.)

oil/gas

Enbridge (ENB-T) rolls a portion of their Canadian assets into this and pay out the depreciation giving a nice yield. He accumulates this when it is in the $27-$28 range. Believes they will grow the dividend 10%. Dividend yield of 7.03%. (Analysts’ Price Target is $34.)

oil/gas
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Gr...

PricePrice
$29.240
Owned Owned
Yes

COMMENT

He owns the parent Enbridge (ENB-T) instead. This one is an income fund, giving a higher yield, but less growth. Enbridge (ENB-T) basically drops down mature assets into this fund and LOPs. It’s a financing tool. Dividend yield is north of 7%, and is sustainable.

oil/gas

He owns the parent Enbridge (ENB-T) instead. This one is an income fund, giving a higher yield, but less growth. Enbridge (ENB-T) basically drops down mature assets into this fund and LOPs. It’s a financing tool. Dividend yield is north of 7%, and is sustainable.

oil/gas
Douglas Kee

Chief Investment Officer, Leon Frazer & Associ...

PricePrice
$29.000
Owned Owned
No

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