Canoe EIT Income Fund stock gains 1.60 percent on TSX

Published on 10/04/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canoe EIT Income Fund stock was last at CAD 17.14 on October 2, 2026, 4.5 percent below its yearly high. The fund will pay CAD 0.10 per unit on October 15.

EIT.UN, CA13780R1091, Illustration mit AI erstellt.

Canoe EIT Income Fund (CA13780R1091) was last at CAD 17.14 on the Toronto Stock Exchange on October 2, 2026, up 1.60 percent from the prior close of CAD 16.87. The latest distribution schedule gives income-focused investors a concrete date to watch.

October payment follows September declaration

According to GlobeNewswire on September 4, 2026, the fund declared a CAD 0.10 per-unit distribution for September. Unitholders registered on September 22, 2026, are scheduled to receive the payment on October 15, 2026.

The distribution rate is a recurring income feature, but the fund's release also states that the payment may include return of capital. That component reduces the original investment and can reduce net asset value, so the CAD 0.10 payment is not a standalone measure of investment performance.

Fund structure supports monthly income

Canoe EIT Income Fund is a closed-end investment fund with an actively managed portfolio diversified across sectors and market capitalizations, according to Canoe Financial. The mandate combines income generation with capital appreciation through investments in quality franchises, stable businesses and long-term growth opportunities.

The market comparison is clear: at CAD 17.14, the unit price stood 4.5 percent below its CAD 17.95 52-week high and 12.4 percent above its CAD 15.25 52-week low on October 2, 2026. The session range was CAD 16.93 to CAD 17.16, while volume reached 140,926 units.

Market value remains above CAD 3.1 billion

Canoe EIT Income Fund had a market capitalization of CAD 3.2 billion as of October 2, 2026. For investors assessing the distribution, the key distinction is between cash received and portfolio performance because return of capital can change the fund's net asset value over time.

EIT.UN stays below yearly high

EIT.UN was last at CAD 17.14 on the TSX on October 2, 2026, with a positive 1.60 percent session change. The next scheduled cash distribution is CAD 0.10 per unit on October 15, 2026.