Boston Pizza Royalties Income Fund (TSX: BPF.UN)

While Boston Pizza does have some takeout business, its sports bars and restaurants obviously are no longer generating revenues. As a Western Canada and Prairie-focused chain, it is obviously vulnerable to weaker demand from the oil-sector collapse when the pandemic lockdown is finally lifted. The stock is down 47.7% year-to-date and 60% over the last 12 months. As a result, the stock is down 67% since our original recommendation, although with income included, total return is -20%. In addition, because Boston Pizza is no longer paying distributions, it is now a Sell.- Gavin Graham