Premium Global Income Split Corp. Announces Semi-Annual Results

Core Insights - Premium Global Income Split Corp. reported an increase in net assets attributable to holders of Class A shares by $0.46 million, equating to $0.25 per Class A share, as of June 30, 2025 [1] - The total net assets attributable to holders of Class A shares reached $21.79 million, or $6.38 per Class A share [1] - Cash distributions during the period included $0.38 per Preferred share and $0.48 per Class A share [1] Financial Performance - The Fund generated total income, including net gains/losses on investments, of $1.78 million for the six months ended June 30, 2025 [4] - Total expenses for the same period were $0.62 million, resulting in an operating profit of $1.16 million [4] - After accounting for preferred share distributions of $0.70 million, the increase in net assets attributable to holders of Class A shares was $0.46 million [4] Investment Strategy - The Fund employs an active covered call writing strategy to enhance income and reduce volatility [3] - It may also write cash covered put options on securities eligible for investment [3] - The investment portfolio is managed by Mulvihill Capital Management Inc., with Class A and Preferred shares listed on the Toronto Stock Exchange under symbols PGIC and PGIC.PR.A respectively [3]