The Boulder Growth & Income Fund, Inc. (NYSE:BIF) announced that its Annual Meeting of Stockholders scheduled for Friday, April 24, 2009 in Phoenix, Arizona has been adjourned.
In addition to the routine election of Directors, the Fund’s stockholders are being asked to approve an amendment to the Fund’s charter to classify the Board of Directors into three separate classes (Proposal 1). As of the original meeting date, the nominee Directors have received the requisite vote by both common and preferred stockholders to be elected. Nonetheless, the Fund is adjourning the meeting until May 29, 2009 to allow for further solicitation on Proposal 1. Neither the Board of Directors nor the Fund’s portfolio managers anticipate being in attendance at the reconvened meeting. Under the Fund’s bylaws, only record date stockholders are permitted to attend the meeting.
The Board of Directors, including all of the independent Directors, unanimously recommends that stockholders vote “FOR” Proposal 1. A copy of the proxy statement is available on the Fund’s website at www.boulderfunds.net or by calling 1-800-992-2856. Stockholders have a number of convenient means to vote, including telephone, internet, and by mail. For questions regarding how to vote your shares please call 1-800-992-2856.
Boulder Investment Advisers, LLC
Nicole Murphey, 303-449-0426
