EIT
Preferred Shares
2
Credit Rating
P-2
Avg Yield
4.73%
Avg Price
$25.35
| Symbol | Issue Name | Type | Price | Yield | Par | Notes |
|---|---|---|---|---|---|---|
| EIT.PR.A | Canoe EIT Income Fund 4.80% cumulative redeemable Series 1 preferred units | retractable | $25.25 | 4.75% | - | RETRACTABLE + 4.80% | Series: Canoe_EIT_Income_Fund_4.80%,_Series_1 |
| EIT.PR.B | Canoe EIT Income Fund 4.80% Cumulative Redeemable Series 2 Preferred Units | retractable | $25.45 | 4.72% | - | RETRACTABLE + 4.80% | Series: Canoe_EIT_Income_Fund_4.80%,_Series_2 |
Canoe EIT Income Fund (EIT) has 2 preferred share series outstanding on the Toronto Stock Exchange — 2 retractables. The median trailing indicated yield across the cohort is 4.75%, with EIT.PR.A the highest-yielding series at 4.75%. All figures are trailing values from this site's daily update pipeline, computed from declared dividends and the latest close.
A retractable preferred carries a holder option rather than an issuer one: on stated dates the holder can sell the share back to the issuer at a fixed price. Pricing therefore behaves more like a hard-maturity bond than a reset preferred, and the yield differential against otherwise-comparable paper reflects the value of that exit right.
Compare every Canadian preferred share side by side in the screener, or browse peers in the sector guides. The structural background — par value, reset mechanics, and rating tiers — is covered in the preferred shares guide.