Q: I’d appreciate your comments on Canoe EIT. Its big dividend is attractive, but that often signals unidentified risk, I think. Thanks.

A: Canoe EIT Income Fund, $10.97, symbol EIT.UN on Toronto (Units outstanding: 123.3 million; Market cap: $1.4 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013. The stock symbol is unchanged.

Canoe EIT is a closed-end fund that invests in a portfolio… Read More