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Global Innovation Dividend Fund (T:BL.UN)

Business Focus: Closed End Funds

Sector:  Financials Industry:  Closed End Funds
See Regulatory Filings on SEDAR
Company Contact
Address: 812 Memorial Drive N.W.
Tel: N/A
IR: See website
Key People
Business Overview
Global Innovation Dividend Fund (the Fund) is a Canada-based investment company, which provides a diversified, actively managed portfolio comprised of dividend-paying securities of global issuers. The investment objectives of the Fund are to provide holders of units with stable monthly cash distributions, and enhanced long-term total return. The Fund's portfolio consists of equity securities of Canadian dividend growth companies. The Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies. The Fund focuses primarily on investing in dividend-paying securities of global issuers. The Fund invest in various sector, including information technology, health care, financials, consumer discretionary, communication services, industrials, consumer staples, energy, utilities, real estate, and materials.
Financial Overview
For the six months ended 30 June 2021, GlobalInnovation Dividend Fund revenues decreased 78% to C$1.6M.Net income decreased 82% to C$1.3M. Revenues reflect Changein Net Unrealized (Loss) Gain on decrease from C$7.5M to-C$1.3M, Foreign Exchange (Loss) Gain on Cash decrease fromC$66K to -C$133K, Interest Income for Distribution Purposedecrease of 85% to C$4K. Dividend per share decreased fromC$0.23 to C$0.20.
Reporting Currency: Canadian Dollars
Enterprise value: $0.14M as of Jun 30, 2021
Annual revenue (TTM): $11.55M as of Jun 30, 2021
EBITDA (TTM): $10.89M as of Jun 30, 2021
Net annual income (TTM): $10.81M as of Jun 30, 2021
Free cash flow (TTM): $6.75M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 2,932,773 as of Jan 7, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization