Ooops QSR.UN Priszm Income Fund

I've held Priszm Income Fund, QSR.UN, through two distribution cuts, from $0.10 to $0.01 and now to $0.00. The company is cutting the distribution to shore up the balance sheet. However, my initial attraction was a high yield, and have decided to sell my shares and reinvest elsewhere.

In this tough market, income funds are showing some strain, trying to maintain distributions in the face of falling income. I'm gravitating away from retail stocks and am now moving towards more stable sources of distributions and dividend income. I took the funds that I recovered from my sale of QSR.UN and invested in Transalta, TA.

TA is a more stable electricity and utility company that has in recent months taken action to improve its green credentials by acquiring Canadian Hydro.