About Starlight True North Senior Mortgage Fund
Starlight True North Senior Mortgage Fund (ENS.UN.TO) is a income fund listed on the Toronto Stock Exchange (TSX). It is managed by Starlight and falls within the real estate sector of the Canadian income ETF landscape.
Starlight True North Senior Mortgage Fund is a managed income fund that invests in a diversified portfolio of securities with the goal of generating consistent monthly distributions. The fund’s management team actively selects holdings to balance income generation with capital preservation. Distributions may include a mix of dividends, interest, and return of capital, depending on market conditions and portfolio composition.
ENS.UN pays distributions monthly — 12 times per year. Monthly distributions are popular among Canadian income investors because they align with regular monthly expenses and make income planning straightforward.
ENS.UN focuses on real estate, including REITs and real estate operating companies. Real estate investments can provide regular income from rental revenues and property operations, along with potential for capital appreciation.
Canadian dividend investors who hold ENS.UN can use EarnedWhileYouSlept to track their income from this and other holdings. The app auto-fills distribution data for ENS.UN.TO, calculates projected annual income, and shows which of your real expenses are covered by your passive income. Whether ENS.UN is a core holding or a satellite position, tracking its contribution to your overall income picture helps you see your progress toward financial independence.