Advantage Energy Dividend

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.