This morning I received my monthly distribution from my holdings of Advantage Energy Income Fund (
AAV). Since the fund is a
Canadian Royalty Trust (CANROY), there was a $0.17 foreign tax deducted from the distribution. But I still received a healthy $0.94 which was reinvested back into
AAV for an additional 0.0803 shares. This brings my current holdings of
AAV to 8.2548 shares at $12.30/share for a total of $101.53. Not bad considering I originally purchased eight even shares of
AAV at $10.86/share. So far
AAV has turned a nice miniature profit for me. In retrospect, I probably would not have bought
AAV at all, but I must admit that I do enjoy seeing the monthly dividends come rolling in and increasing.
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