Market dataIncome framework read
ETFs and Income FundsTSXCanada

CHE-UN.TO

Chemtrade Logistics Income Fund

MaterialsClosed-end fundUnknown

Market Snapshot

$17.00

+$0.15 (89.02%)

Toronto

Yield

4.24%

Rate $0.72

Next Payment

Next pay in 36 days

Ex-date 2026-05-29

52wk Position

80.88%

-7.76% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Monthly income profile is visible

CHE-UN.TO has an income profile aligned with its etfs and income funds role. Provider data shows 12 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

CHE-UN.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.35.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

CHE-UN.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$6.00
APR
0.353
Coverage
0.353

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$6.00
Cushion
-$11.00
Cushion %
-64.71%
Current $17.00Break $6.00

Smart Recommendation

CHE-UN.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Research in progress

DRIP availability

Pending

Tax character

Pending

Distribution history

Pending

Structure Overview

This is a basket product—an exchange-traded fund or closed-end fund—that holds a portfolio of underlying securities and passes distributions to unitholders. Tax character depends on what the underlying portfolio holds; Canadian equity ETFs may distribute eligible dividends, while multi-asset funds may pass through foreign income or return of capital. MER, payout policy, and underlying composition should be reviewed with the fund provider.

Canadian Planning Notes

  • 1ETF distributions may include eligible dividends, foreign income, capital gains, or return of capital; check the annual T3 slip for the actual breakdown.
  • 2DRIP availability for ETFs depends on your broker's plan; not all ETF units qualify for automatic reinvestment at every institution.
  • 3Compare the ETF's stated yield against total return over rolling periods before treating the stated distribution as sustainable income.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$17.00

Previous close

$16.85

Day range

$16.70 - $17.02

52wk range

$10.95 - $18.43

Market cap

1.9B

Volume

169.6K

Avg volume

456.7K

Exchange

Toronto

Dividend and distribution

Forward rate

$0.72

Trailing rate

$0.69

Forward yield

4.24%

Trailing yield

4.09%

Per payment

$0.06

Cadence

Monthly

Next ex-date

May 29, 2026

Next pay

Jun 30, 2026

Last dividend

$0.06

Last dividend date

May 29, 2026

Performance

Daily change

$0.15

Daily change %

89.02%

52wk position

80.88%

Below 52wk high

-7.76%

Above 52wk low

55.25%

Open

$16.86

Earnings and financials

Trailing EPS

1.03

Forward EPS

1.61

Revenue

2B

Revenue growth

7.90%

Profit margin

5.69%

Operating margin

10.84%

Payout ratio

N/A

Free cash flow

120.9M

Total cash

46.5M

ROE

14.93%

ROA

7.12%

Debt/equity

172.87

Beta

N/A

Valuation

Trailing P/E

16.5

Forward P/E

10.56

Price/sales

0.93

Price/book

2.48

Enterprise value

3.1B

EV/EBITDA

7.17

Analyst facts

Target mean

$19.75

Target high

$23.50

Target low

$17.25

Recommendation mean

1.86

Recommendation key

buy

Analysts

7

Canadian Context

Account placement

TFSA

Mixed-character distributions are usually easiest to handle in a TFSA because annual tax reporting is avoided.

RRSP: Also shelters distribution complexity.

Non-registered: Review T3 or issuer tax breakdown before using a taxable account.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.