RBN.UN Stock Discussion
Blue Ribbon Income Fund Description
Blue Ribbon Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to provide unitholders with high monthly distributions and low management fees, together with the opportunity for capital appreciation. The Fund focuses on providing a high level of monthly distributions and the opportunity to participate in capital gains by managing a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities and debt instruments. The Fund invests in a portfolio of sectors, such as consumer staples and discretionary; financial; healthcare; industrial; materials; oil and gas; pipe, power, utilities and infrastructure; real estate, and short-term investments. Its portfolio is managed by Bloom Investment Counsel, Inc., which is the investment manager of the Fund.
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