Premium Income Corp T.PIC.A

NAV

[wolverine99]

Did not even know about this Fund, one of the contributors mentioned it in a post for another fund.

Seems like a bit of a Diamond in the Rough, but if you have been in other Splits like DFN, FTN, BK, LCS etc. you get NAV sensitive. This Fund has had some ridiculously low NAV's but still issued a payout, albeit reduced. Does anybody know how their NAV calc works? Thanks for any insight.

[Brotherstockbig]

check FFN.to

[wolverine99]

Found this: The following is an explanation a researcher got from Strathbridge Asset Management after inquiring about the NAV Threshold The distribution policy of the Premium Income Corporation fund is made at the discretion of the board of directors as they meet each quarter. There is not have a NAV trigger in the prospectus for determining the distribution levels. Some of

[CStewart98]

I've been following the same splits and someone mentionned this one a while back and I jumped in at $4.  Another quarterly one is FSZ, it just had a run up and has been consistently paying.  I'm hoping this one does another run since it should pay in January. GL