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Premium Income Corporation (PIC-A.TO)

Previous Close
$6.28
Sector Valuation Confidence Level
High
Valuation methodValue, $Upside, %
Artificial intelligence (AI)n/an/a
Intrinsic value (DCF)0.00-100
Graham-Dodd Method20.49226
Graham Formulan/a

Company Information

121 King Street West
Toronto, ON M5H 3T9
Canada
Phone: 416-681-3966
Industry: Asset Management - Income
Sector: Financial Services
CEO: Mr. John Paul Mulvihill C.F.A., CFA, O.C.

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.

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