Canoe EIT sets CAD 0.10 payout for Canoe EIT Income Fund stock

Published on 10/14/2026 at 02:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canoe EIT set CAD 0.10 per unit for October 2026. Canoe EIT Income Fund stock has a 95.00 percent NAV redemption option.

Distribution and redemption dates

The fund announced a CAD 0.10 monthly distribution on October 7, 2026.
The annual redemption option uses 95.00 percent of average NAV on December 4, 2026.
Unitholders of record on October 22, 2026, are scheduled to receive the distribution.
Redemption proceeds are scheduled for payment by December 29, 2026.

EIT.UN, CA13780R1091, Illustration mit AI erstellt.

Canoe EIT Income Fund stock is tied to a CAD 0.10 monthly distribution and a 95.00 percent NAV redemption option announced in October 2026. The two shareholder dates create separate cash-flow milestones for holders of the Toronto-listed closed-end fund.

Three October events shape the fund

On October 2, 2026, Canoe Financial announced the 2026 voluntary cash redemption. The redemption price will equal 95.00 percent of the average net asset value from the three trading days before December 4, 2026, less direct costs.

On October 7, 2026, Canoe Financial announced a CAD 0.10 per unit distribution for October 2026. The fund said the amount may include return of capital, which can reduce net asset value when it is not reinvested.

On October 22, 2026, unitholders of record are scheduled to qualify for the CAD 0.10 payment. The distribution is scheduled for November 13, 2026, giving the monthly payout a defined record date and payment date.

What does the redemption mean?

The redemption window gives eligible holders a route to submit units from October 2 through November 13, 2026, subject to a maximum of 10.00 percent of outstanding units if requests exceed that limit. The structure links the eventual cash value to average NAV rather than directly to the market quote.

For income-oriented holders, the key distinction is between the CAD 0.10 distribution and the 95.00 percent NAV redemption formula. A distribution can include return of capital, while the redemption mechanism offers a separate liquidity date in December.

Dates and market context

The redemption date is December 4, 2026, and accepted redemption proceeds are scheduled for payment by December 29, 2026. The last available TSX quote was CAD 17.56 on October 13, 2026 at 4:00 p.m. ET, with a 52-week range of CAD 15.25 to CAD 17.95 and market capitalization of CAD 3.3 billion on that date.