Premium Income Corporation Announces Semi-Annual Results

From GlobeNewswire: 2025-06-19 10:25:00

Premium Income Corporation reported a decrease in net assets of $5.7 million for the six months ended April 30, 2025, with net assets at $81.2 million. The Fund paid cash distributions of $0.64 per Preferred share and $0.48 per Class A share during the period. The Fund invests in major Canadian banks and uses covered call writing strategies to boost income and reduce volatility. Managed by Mulvihill Capital Management Inc., the Fund’s Preferred and Class A shares are listed on the TSX under symbols PIC.PR.A and PIC.A. For more information, contact Investor Relations at 416.681.3966 or visit www.mulvihill.com.



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