Market dataIncome framework read
New Income ListingTSXCanada

LIFE.TO

Evolve Global Healthcare Enhanced Yield Fund

Health CareCovered-call structureMonthly

Market Snapshot

$18.43

-$0.30 (-1.60%)

Toronto

Yield

N/A

Rate $2.28

Next Payment

—

Ex-date N/A

52wk Position

53.14%

-8.85% below high

Updated —

Income Intelligence Summary

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

Framework readout
1

Income reliability

Derived from payout history

Income record needs more seasoning

LIFE.TO has a less proven income record. Treat the stated cadence as a starting point and verify issuer payout policy before relying on it.

2

DRIP defense

Editorial framework

Early Watch DRIP footing

LIFE.TO is close to the defended zone at default inputs. Price creep cushion is 3.09%, so small price moves can matter.

3

Main watch item

Editorial framework

Price creep cushion is narrow

LIFE.TO has a default price creep cushion of 3.09%. A modest move higher can weaken synthetic DRIP coverage.

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

Early Watch
Cash
$19.00
APR
1.031
Coverage
1.031

Early watch. Run the DRIP Simulator to model recovery options.

Price Creep

Defended price ceiling

Max defended
$19.00
Cushion
$0.57
Cushion %
3.09%
Current $18.43Break $19.00

Smart Recommendation

LIFE.TO is close enough to defend, but small price moves can weaken the rung.

Research Signals

Research in progress

DRIP availability

Plan-only

Tax character

Mixed

Distribution history

Monthly distributions, shorter history

Structure Overview

This is a recently listed or newly income-initiating security where the payout history is limited or unproven. New income listings require additional due diligence: the stated distribution policy may not yet be tested through a full economic cycle, and early payout levels may be adjusted once the issuer establishes a sustainable base.

Canadian Planning Notes

  • 1Treat new income listings as research items rather than plan-ready holdings until at least four consecutive distribution periods have been completed.
  • 2Review the prospectus, issuer press releases, and earnings to verify whether the stated payout ratio and distribution policy are supported by current cash flows.
  • 3Use the Dividend Compare Engine to place a new listing beside an established comparable before relying on the distribution in a monthly income plan.

Market Facts

Market Data

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

Market Data

Market data

Updated facts where available

Price

$18.43

Previous close

$18.73

Day range

$18.43 - $18.67

52wk range

$16.40 - $20.22

Market cap

N/A

Volume

14.9K

Avg volume

21K

Exchange

Toronto

Dividend and distribution

Forward rate

N/A

Trailing rate

$2.28

Forward yield

N/A

Trailing yield

0.00%

Per payment

$0.19

Cadence

Monthly

Next ex-date

N/A

Next pay

N/A

Last dividend

$0.19

Last dividend date

Jul 31, 2026

Performance

Daily change

-$0.30

Daily change %

-1.60%

52wk position

53.14%

Below 52wk high

-8.85%

Above 52wk low

12.38%

Open

$18.64

Earnings and financials

Trailing EPS

N/A

Forward EPS

N/A

Revenue

N/A

Revenue growth

N/A

Profit margin

N/A

Operating margin

N/A

Payout ratio

N/A

Free cash flow

N/A

Total cash

N/A

ROE

N/A

ROA

N/A

Debt/equity

N/A

Beta

N/A

Valuation

Trailing P/E

25.65

Forward P/E

N/A

Price/sales

N/A

Price/book

N/A

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

N/A

Target high

N/A

Target low

N/A

Recommendation mean

N/A

Recommendation key

N/A

Analysts

N/A

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

Carry this holding into a calculator

Use a planning tool that matches this holding's structure, payout timing, and income use case.

Compare this holdingTest DRIP durability

Compare With Peers

Similar income profiles

Compare in Dividend Compare Engine

BANK-B.TO

Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund Class B

Monthly

BNKL.TO

Brompton North American Banks Income ETF

Monthly

ENCC.TO

Purpose Canadian Enhanced Income Fund

Monthly

Related Holdings

JNJ

Johnson & Johnson

Quarterly

ABBV

AbbVie

Quarterly

ABT

Abbott Laboratories

Quarterly

XIU.TO

iShares S&P/TSX 60 Index ETF

Quarterly

BNS.TO

Bank of Nova Scotia

Quarterly

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.