Fund Description: The Boulder Growth & Income Fund, Inc. is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Company's investment objective is total return. FUND STRATEGY: The Fund seeks to produce both income and long-term capital appreciation by investing in a portfolio of equity and debt securities. The Fund invests primarily in common stocks, including dividend paying common stocks such as those issued by utilities, real estate investment trusts (“REITs’’) and regulated investment companies. The Fund also invests in fixed income securities such as U.S. government securities, preferred stocks and bonds. The Fund invests primarily in securities of U.S.-based companies and to a lesser extent in foreign equity securities and sovereign debt, in each case denominated in foreign currency. The Fund has no restrictions on its ability to invest in foreign securities. FUND MANAGEMENT: The Fund's two registered investment advisors are Boulder Investment Advisers, LLC ("BIA"), and Stewart Investment Advisers, ("SIA") who are headquartered in Boulder, Colorado and Barbados respectively. BIA and SIA employ Stewart R. Horejsi as their portfolio manager. When Mr. Horejsi resides in the United States, he is employed by BIA and when he resides in Barbados, he is employed by SIA. Mr. Horejsi is the Fund's primary portfolio manager and provides advisory services to the Fund regarding asset allocation and investments in common stocks. Mr. Horejsi's family interests own approximately 44% of the shares of BTF and 23% of the shares of BIF.