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Premium Income Corp.
121 King Street West
Suite 2600, Standard Life Centre,
Phone: (416) 681-3900p:416 681-3900 TORONTO, ON  M5H 3T9  Canada Ticker: PIC.A PIC.A
Business Summary
Premium Income Corporation (the Fund) is a split share company. The Fund’s investment objectives are to provide Preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share, provide Class A shareholders with quarterly cash distributions equal to the amount, if any, by which the net realized capital gains, dividends and option premiums earned on the Fund’s portfolio in any year, net of expenses and loss carryforwards, exceed the amount of the distributions paid on the Preferred shares, and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. It invests at least 75 % of its net asset value (NAV) in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and may invest up to 25 % of its NAV in common shares of National Bank of Canada. Its investment manager is Mulvihill Capital Management Inc.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
4/30/202310/31/2022Yes----

Industries
SIC Code Description
6726 Unit investment trusts, face-amount certificate offices

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer, Secretary John P.Mulvihill 1/1/2009
Chief Financial Officer, Director John D.Germain 10/8/2010 10/8/2010
Independent Director, IRC Member RobertBell 8/26/2022 8/26/2022
Independent Director, IRC Member Robert G.Bertram 79 1/1/2009 1/1/2009
Independent Director, IRC Member R. PeterGillin 75 1/18/2021 1/18/2021

Business Names
Business Name
PIC.A
Premium Income Corp.

General Information
Outstanding Shares: 13,672,639 (As of 11/12/2024)
Stock Exchange: TSE
Fax Number: (416) 681-3901


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Sunday, December 1, 2024