In the Matter of Philam Managed Income Fund, Inc.

March 11, 2019 CORPORATE GOVERNANCE AND FINANCE DEPARTMENT IN THE MATTER OF PHILAM MANAGED INCOME FUND, INC., registrant . AMENDED REGISTRATION STATEMENT NOTICE Notice is hereby given that on December 18, 2018 an Amended Registration Statement was filed with the Securities and Exchange Commission on behalf of Philam Managed Income Fund, Inc. ("PMIF") to reflect the following changes in its registration statement as follows: Subject Original Provision Proposed Amendments Investment Objectives The PMIF considers a medium to long-term investment horizon for its shareholders. The Fund will be positioned as a conservative investment vehicle that provides investors with reasonable returns on their assets while making available a quarterly cash stream for investors with at least P100,000.00 invested in the Fund. To achieve capital preservation Portfolio Mix In light of the rising interest rate environment and considering that the Fund will be marked-to-market, the planned portfolio mix, at least for the initial year, will have an average tenor of 3.5 years with 40% of the portfolio invested in 3-year tenor. Investments will still be heavy on fixed rate treasury notes (FXTNs) as there are only limited commercial paper issuances at present. This is a Peso-denominated bond Fund, that invests in short-to-medium term fixed income and money market securities. Investment Horizon and Risk Class None Investment Horizon: Short to Medium Risk Class: Conservative The prospectus was amended to align with all other PAMI managed Funds prospectus. Other information were included to comply with the disclosure requirement of the amended ICA-IRR. Said Amended Registration Statement and other papers/documents attached thereto are open to inspection by interested parties during business hours and copies thereof, photostatic or otherwise, shall be furnished to any party upon request at such fees as the Commission may prescribe. The Amended Registration Statement dated November 29, 2018 may also be downloaded from www.philamfunds.com.ph . Issued on March 11, 2019. Signed by representative RACHEL ESTHER J. GUMTANG-REMALANTE Officer-in-Charge Published in the Manila Bulletin on December 21, 2019.