Premium Income Corporation (PIC-A.TO)

4.1600 -0.0100 (-0.24%) At close: 03:47PM EDT

Premium Income Corporation

Standard Life Center
121 King Street West, Suite 2600
Toronto, ON M5H 3T9
Canada
416 681 3966
https://www.strathbridge.com/overview.aspx?fund_id=7

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John Paul Mulvihill C.F.A., CFA, O.C.	Chairman, Chief Executive Officer, President and Secretary	N/A	N/A	1948

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.

Corporate governance

Premium Income Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.