MINT Income Fund

Fund Description

MINT Income Fund invests in a diversified portfolio of equity income securities as well as non-dividend paying securities which have capital appreciation potential.

Key Reasons to Invest:

  • a fund with an attractive long term track record and providing tax efficient monthly distributions
  • an actively managed, high conviction portfolio of companies paying high levels of sustainable income
  • focus on dividend-paying companies which benefit investors by dampening the volatility associated with equities and which represent a viable investment alternative throughout various economic cycles

MID.UN 

Closing price  Ways To Invest Fact Sheet Press Releases Prospectus (English) Prospectus (French) All Fund Documents

Fund Overview

  • Ticker/CUSIP:
    MID.UN/60446Q108
  • Inception Date:
    March 13, 1997
  • Monthly Distribution:
    $0.04
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility:
    RRSPs, RRIFs, DPSPs, RESPs and TFSAs
  • Management Fee:
    1.00%
  • Risk Rating:
    Not Rated
  • Exchange:
    Toronto Stock Exchange

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer

Performance

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2022 2021 2020 2019
April 30, 2023 1.04% -5.72% -1.61% -0.60% 1.22% 14.88% 6.92% 3.40% 8.38% 8.46% 33.77% -7.25% 17.08%

Distributions

Total NAV & Distributions (since inception)  
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RECORD DATE PAYMENT DATE PAYMENT AMOUNT
June 30, 2023 July 14, 2023 0.04
May 31, 2023 June 15, 2023 0.04
April 30, 2023 May 15, 2023 0.04
March 31, 2023 April 14, 2023 0.04
February 28, 2023 March 15, 2023 0.04
January 31, 2023 February 15, 2023 0.04
December 31, 2022 January 13, 2023 0.04
November 30, 2022 December 15, 2022 0.04
October 31, 2022 November 15, 2022 0.04
September 30, 2022 October 14, 2022 0.04

Fund Details

Sector Allocation (%)

As Of March 31, 2023
Energy 25.70%
Utilities 16.80%
Industrials 15.40%
Real Estate 14.90%
Healthcare 12.10%
Pipelines 7.60%
Financials 5.20%
Metals & Mining 1.30%
Materials 1.10%

Geographic Allocation (%)

As Of March 31, 2023
Canada 86.00%
U.S. 14.00%
International 0.00%

Top 10 Holdings

1 Canadian Apartment Properties REIT 4.50%
2 Middlefield Healthcare Dividend ETF 4.50%
3 Westshore Terminals Ltd. 4.40%
4 TransAlta Corporation 4.30%
5 Blackstone Core+ Real Estate LP 4.30%
6 BOMBARDIER INC 4.10%
7 Middlefield Health & Wellness ETF 4.10%
8 Headwater Exploration Inc. 4.10%
9 Altagas Ltd. 3.80%
10 Tourmaline Oil Corp. 3.80%
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