Anodyne
Thursday, February 15, 2007
 
Anodyne Inc.

A complicated multi-part distribution from Parkland Income Fund (PKI.UN):

.24/unit x 746 units = $179.04. Cash balance, $323.16. Plus a special distribution, made in trust units, described by Parkland management as follows:

"Parkland Income Fund (TSX: PKI.UN) previously announced that a special distribution of $1.20 per trust unit would be paid in cash, trust units or a combination of cash and trust units on February 15, 2007 to unitholders of record on December 29, 2006. The Board of Directors has determined the payment will be made in trust units. The number of trust units was established with reference to the weighted average trading price on the date of record. No fractional trust units will be issued. A cash payment will be made for the fractional amount."

So, an additional $895.20 of equity is forthcoming, whose unit value I can't yet calculate, lacking the "weighted average trading price on the date of record." This information should be available some time in the next day or two, and I'll make the appropriate updates at that time.

Also a distribution today from recent portfolio addition TerraVest Income Trust (TI.UN):

.08333/unit x 309 units = $25.75. Cash balance, $348.91.
- posted by cjb @ 10:29 AM


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