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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 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, representing an annual yield of 5.75% on the original issue price of the Preferred shares; to provide Class A shareholders with quarterly cash distributions of $0.20319 per share, and to return the original issue price to holders of both preferred share 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 (collectively, the Banks) and also invests up to 25 % of its NAV in common shares of National Bank of Canada. In addition, the Fund may purchase public investment funds, including exchange-traded funds and other Mulvihill Funds. Its investment manager is Mulvihill Capital Management Inc.

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 74 1/18/2021 1/18/2021

Business Names
Business Name
PIC.A
Premium Income Corp.

General Information
Outstanding Shares: 16,865,091 (As of 4/9/2024)
Stock Exchange: TSE
Fax Number: (416) 681-3901


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Tuesday, April 16, 2024