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By The Online Investor Staff, updated Thu., May. 25, 12:48 AM

Slide #17. Bloom Select Income Fund

Company: Bloom Select Income Fund (TSE:BLB.UN.CA)
Share Amount Authorized: 217,623
Buyback Details: Bloom Select Income Fund (the "Fund") (TSX:BLB.UN) announced today acceptance by the Toronto Stock Exchange (the "TSX") of the Fund's Notice of Intention to make a Normal Course Issuer Bid (the "NCIB"). Pursuant to the NCIB, the Fund proposes to purchase through the facilities of the TSX, from time to time, if it is considered advisable, up to 217,623 Units of the Fund, representing approximately 10% of the public float of 2,176,233 Units as of May 15, 2017. The Fund will not purchase in any given 30-day period, in the aggregate, more than 47,268 Units, being 2% of the issued and outstanding Units of 2,363,436 as of May 15, 2017. Purchases of Units under the NCIB may commence on May 24, 2017. Bloom Investment Counsel, Inc., the manager of the Fund, believes that such purchases are in the best interests of the Fund and are a desirable use of the Fund's resources. All purchases will be made through the facilities of the TSX or alternative Canadian trading systems in accordance with their rules and policies. All Units purchased by the Fund pursuant to the NCIB will be cancelled. The NCIB will expire on May 23, 2018.

Bloom Select Income Fund is a closed-end investment trust. Co.'s objectives are to provide unitholders with an investment in an actively managed portfolio comprised mainly of Canadian equity securities that exhibit low volatility at the time of investment, monthly cash distributions that have a large component of Canadian eligible dividends, and the opportunity for capital appreciation. As of Dec 31 2012, Co.'s total assets amounted to C$49,753,656 and the value of Co.'s investment portfolio was C$44,214,391.
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Company Name:  Bloom Select Income Fund
Website:  www.bloomfunds.ca
Sector:  Investment Companies & Venture Capital
 

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May 25, 2017    12:48 AM Eastern
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