CHE-UN.TO Chemtrade Logistics Income Fund Loading... : Bullish and Bearish Analyst Opinions
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14:48
Sep 08
Sep 08
5% yield but heavy debt, Safety rank 6
The author notes Chemtrade Logistics pays a 5% yield in monthly distributions, well covered by earnings on paper, but its Safety rank is just 6. Independent analysis of the balance sheet describes the fund as using debt extensively, which matters more with borrowing costs where they are right now. The stated risk is balance-sheet leverage in a higher-rate environment.
HIGH
About CHE-UN.TO Analyst Coverage
Buzzberg tracks CHE-UN.TO (Chemtrade Logistics Income Fund) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Past 7 days: 1 watch. Latest voices: u/ichbinschomi.