Energy Income Fund Reports Earnings Results for the Full Year Ended December 31, 2023
March 22, 2024 at 08:36 pm IST
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Energy Income Fund reported earnings results for the full year ended December 31, 2023. For the full year, the company reported negative revenue was CAD 0.139722 million compared to revenue of CAD 0.854197 million a year ago. Net loss was CAD 0.463167 million compared to net income of CAD 0.589601 million a year ago.
Basic loss per share from continuing operations was CAD 0.18 compared to basic earnings per share from continuing operations of CAD 0.21 a year ago.
Energy Income Fund (the Fund) is a Canada-based closed-end investment fund. The Fundâs investment objectives are to provide the unitholders with monthly cash distributions and to achieve a total return on the portfolio that is greater than the total return provided by the benchmark index, as selected by the Manager from time to time. The benchmark index is the S&P/TSX Capped Energy Trust Index. The Fund invests its assets in the portfolio without reference to any specific issuer or security, among several asset classes including oil and gas securities, energy securities, other resource securities, and cash and short-term investments. Vestcap Investment Management Inc. is the portfolio advisor of the Fund. Artemis Investment Management Limited is the investment fund manager of the Fund.
ENERGY INCOME FUND 
