Premium Income Corporation Announces Year End Results
30 1월 2025 - 6:01AM
(TSX: PIC.A; PIC.PR.A) Premium Income Corporation
today announces results of operations for the fiscal year ended
October 31, 2024. Increase in net assets attributable to holders of
Class A shares amounted to $76.3 million or $4.34 per Class A
share. Net assets attributable to holders of Class A shares were
$83.6 million or $4.14 per Class A share. Cash distributions of
$0.86 per Preferred share and $0.81 per Class A share were paid
during the year.
Premium Income Corporation is a mutual fund
corporation, which invests in a portfolio consisting principally of
common shares of Bank of Montreal, The Bank of Nova Scotia,
Canadian Imperial Bank of Commerce, National Bank of Canada, Royal
Bank of Canada, and the Toronto Dominion Bank. The Fund employs an
active covered call writing strategy to enhance the income
generated by the portfolio and to reduce
volatility.
The investment portfolio of the Fund is managed by
its investment manager, Mulvihill Capital Management Inc. The
Fund’s Preferred and Class A shares are listed on the Toronto Stock
Exchange under the symbols PIC.PR.A and PIC.A respectively.
Selected Financial Information: ($ Millions) |
|
|
|
Statement of Financial Position |
|
2024 |
As at October 31 |
|
Assets |
$ |
397.4 |
Liabilities |
|
(313.7) |
Net Assets Attributable to |
|
Holders of Class A Shares |
$ |
83.6 |
|
|
Statement of Comprehensive Income |
|
Year ended October 31 |
|
Income |
$ |
96.8 |
Expenses |
|
(4.3) |
Operating Loss |
|
92.4 |
Preferred Share Distributions |
|
(16.1) |
Increase in Net Assets Attributable |
|
to Holders of Class A Shares |
$ |
76.3 |
|
|
|
For further information, please contact Investor Relations at
416.681.3966, toll free at 1.800.725.7172 or visit
www.mulvihill.com
John Germain, Senior Vice President & CFO |
Mulvihill Capital Management Inc.121 King Street
WestSuite 2600Toronto, Ontario, M5H 3T9416.681.3966;
1.800.725.7172www.mulvihill.cominfo@mulvihill.com |
|
|
Commissions, trailing commissions, management
fees and expenses all may be associated with investment funds.
Please read the prospectus before investing. Investment funds are
not guaranteed, their values change frequently and past performance
may not be repeated.
Premium Income (TSX:PIC.PR.A)
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부터 1월(1) 2025 으로 2월(2) 2025
Premium Income (TSX:PIC.PR.A)
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부터 2월(2) 2024 으로 2월(2) 2025