Premium Income Corporation Announces Semi-Annual Results

TORONTO, July 05, 2022 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) announces results of operations for the six months ended April 30, 2022. Decrease in net assets attributable to holders of Class A shares amounted to $5.5 million or $0.42 per Class A share. Net assets attributable to holders of Class A shares as at April 30, 2022 were $88.7 million or $6.72 per Class A share. Cash distributions of $0.43 per Preferred share and $0.41 per Class A share were paid during the period.

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