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.

• Revenue in CAD (TTM)12.44m
• Net income in CAD-33.51m
• Incorporated1996
• Employees--

• Location
  Premium Income Corp121 King Street WestSuite 2600, Standard Life Centre,P.O. Box 113TORONTO M5H 3T9CanadaCAN
• Phone+1 (416) 681-3900
• Fax+1 (416) 681-3901
• Websitehttps://www.mulvihill.com/PIC