Premium Income Corporation (PIC-A.TO) Research

Managed by Strathbridge Asset Management Inc., Premium Income Corporation is a Canadian equity mutual fund that primarily focuses its investments on the public stock markets within Canada, specifically targeting the banking industry. This fund strategically utilizes financial derivatives, such as call and put options, to secure holdings in major Canadian banks including Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. A core objective is to invest in enterprises that distribute dividends. Established on August 27, 1996, this Canadian-domiciled fund assesses its performance by benchmarking against the S&P/TSX Diversified Banks Total Return Index.

Market snapshot

Symbol
PIC-A.TO
Price
$12.14
Day change
+1.59%
Market cap
$233.2M
P/E ratio
2.70x
52-week range
5.01653-12.2
Sector
Financial Services
Industry
Asset Management - Income

Peer companies

  • Base Carbon Inc. (BCBN.NE)
  • Dividend 15 Split Corp. (DFN.TO)
  • DMG Blockchain Solutions Inc. (DMGI.V)
  • Global Dividend Growth Split Corp. (GDV.TO)
  • Sol Strategies Inc. (HODL.CN)
  • Canadian Life Companies Split Corp. (LFE.TO)
  • Pinetree Capital Ltd. (PNP.TO)
  • Real Estate Split Corp. (RS.TO)

Open Premium Income Corporation (PIC-A.TO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.