CALGARY, Alberta, Nov. 9, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces monthly distribution of $0.10 per unit in November 2022. In addition, the Fund announces a quarterly distribution for preferred stock. Holders of cumulatively redeemable Series 1 and 2 Preferred Shares will receive a distribution of $0.30 per share. The dividend will be paid on December 15, 2022 to Shareholders of record on November 22, 2022. The ex-distribution date for this distribution is November 21, 2022.

About the Canoe EIT Income Fund
Canoe EIT Income Fund is one of Canada’s largest closed-end mutual funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high-quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

About Kanu Financial
Canoe Financial is one of Canada’s fastest growing independent investment fund companies, managing $12.0 billion in assets across a diversified suite of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada including offices in Calgary, Toronto and Montreal.

For more information please contact:
Investor Relations
1-877-434-2796
www.canoefinancial.com
info@canoefinancial.com

Not for distribution to US Newswire Services or for distribution in the United States of America.

The Fund distributes monthly an amount made up in whole or in part of the Return on Capital (ROC) of the Net Asset Value per Share. A ROC reduces the amount of your original investment and may result in you recovering the full amount of your original investment. ROC that are not reinvested reduce the net asset value of the fund, which…