East Coast Investment Grade Income Fund logo

ECF.UN - East Coast Investment Grade Income Fund Share Price

C$8.5 0.0  0.0%

Last Trade - 25/06/20

Sector
Financials
Size
Small Cap
Market Cap £63.9m
Enterprise Value £-147.5m
Revenue £10.5m
Position in Universe th / 2677
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.45%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.096 -3.51 5.44 8.21 10.1 18.3 +185.7%
-39.2 -89.9 +1,019
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2019, East Coast Investment Grade Income Fund revenues increased 81% to C$18.3M. Net income increased from C$659K to C$8.5M. Revenues reflect Unrealized G/L on Investment Securities increase from -C$5.2M to C$6.2M, Unrealized Foreign Exchange G/L -Capital increase from -C$241K to C$588K, Realized Foreign Exchange G/L - Capital increase from -C$235K to C$74K.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
ECF.UN EPS Forecasts Unlock ECF.UN Revenue
Profile Summary

East Coast Investment Grade Income Fund is a closed-end investment fund. The Fund's investment objectives are to maximize total returns to the holders of units (the unitholders) while reducing risk and to provide unitholders with monthly tax-advantaged cash distributions. The Fund seeks to achieve these investment objectives by obtaining exposure to the portfolio that is comprised primarily of investment grade debt securities (both long and short positions) of Canadian corporate and government issuers. The Portfolio may also include non-investment grade debt securities and may invest in other asset classes in connection with its macro systemic risk protection program. It invests in various sectors, including financial, communications, consumer, cyclical, energy, consumer, non-cyclical, asset backed securities, funds, industrial, diversified and utilities. The Fund's investment manager is Arrow Capital Management Inc. East Coast Fund Management Inc. is the Fund's portfolio advisor.

Directors
Last Annual December 31st, 2019
Last Interim December 31st, 2019
Public Since May 18, 2012
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Collective Investments
Index
Exchange Toronto Stock Exchange
Shares in Issue 13,073,167
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ECF.UN Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
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Latest News for ECF.UN
Upcoming Events for ECF.UN
Frequently Asked Questions for East Coast Investment Grade Income Fund
What is the East Coast Investment Grade Income Fund share price?

As of 25/06/20, shares in East Coast Investment Grade Income Fund are trading at C$8.5, giving the company a market capitalisation of £63.9m. This share price information is delayed by 15 minutes.

How has the East Coast Investment Grade Income Fund share price performed this year?

Shares in East Coast Investment Grade Income Fund are currently trading at C$8.5 and the price has moved by -8.21% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the East Coast Investment Grade Income Fund price has moved by -8.32% over the past year.

What are the analyst and broker recommendations for East Coast Investment Grade Income Fund?

There are no analysts currently covering East Coast Investment Grade Income Fund.

When will East Coast Investment Grade Income Fund next release its financial results?

East Coast Investment Grade Income Fund is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the East Coast Investment Grade Income Fund dividend yield?

The East Coast Investment Grade Income Fund dividend yield is 5.65% based on the trailing twelve month period.

Does East Coast Investment Grade Income Fund pay a dividend?

Last year, East Coast Investment Grade Income Fund paid a total dividend of 0.48, and it currently has a trailing dividend yield of 5.65%. Looking ahead, East Coast Investment Grade Income Fund has not announced an ex-dividend date yet.

When does East Coast Investment Grade Income Fund next pay dividends?

East Coast Investment Grade Income Fund has yet to annouce their ex-dividend date. The historic dividend yield on East Coast Investment Grade Income Fund shares is currently 5.65%.

How do I buy East Coast Investment Grade Income Fund shares?

To buy shares in East Coast Investment Grade Income Fund you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of East Coast Investment Grade Income Fund?

Shares in East Coast Investment Grade Income Fund are currently trading at C$8.5, giving the company a market capitalisation of £63.9m.

Where are East Coast Investment Grade Income Fund shares listed? Where are East Coast Investment Grade Income Fund shares listed?

Here are the trading details for East Coast Investment Grade Income Fund:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: ECF.UN
What kind of share is East Coast Investment Grade Income Fund?

We were not able to load our ranking data for East Coast Investment Grade Income Fund

Is there a East Coast Investment Grade Income Fund share price forecast 2020?

We were not able to load any forecast data for East Coast Investment Grade Income Fund.

How can I tell whether the East Coast Investment Grade Income Fund share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like East Coast Investment Grade Income Fund. Over the past six months, the relative strength of its shares against the market has been 2.67%. At the current price of C$8.5, shares in East Coast Investment Grade Income Fund are trading at % against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the East Coast Investment Grade Income Fund PE Ratio?

The East Coast Investment Grade Income Fund PE ratio based on its reported earnings over the past 12 months is 13.39. The shares are currently trading at C$8.5.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of East Coast Investment Grade Income Fund?

We were unable to find the directors for East Coast Investment Grade Income Fund.

Who are the major shareholders of East Coast Investment Grade Income Fund?

Here are the top five shareholders of East Coast Investment Grade Income Fund based on the size of their shareholding:

RBC Dominion Securities, Inc. Investment Advisor
Percentage owned: 10.29% (1.35m shares)
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