Market Overview

Boulder Growth and Income Fund Announces Results of Special Stockholder Meeting


Boulder Growth and Income Fund, Inc. (NYSE:BIF) (the "Fund") announced
the results of a special stockholder meeting (the "Meeting") that
occurred on July 17, 2018, at which stockholders voted to approve a new
investment advisory agreement between the Fund and ALPS Advisors, Inc.
("ALPS"), and a new investment sub-advisory agreement between ALPS and
Rocky Mountain Advisers, LLC ("RMA"), with respect to the Fund. Each of
the agreements became effective following the Meeting. Until that point,
ALPS and RMA had been serving as the Fund's interim adviser and
sub-adviser, respectively, since June 1, 2018.

The new investment advisory and sub-advisory agreements were presented
to stockholders as part of a new servicing structure approved by the
Fund's Board of Directors (the "Board") on May 10, 2018, which also
included a new administration agreement for the Fund with ALPS Fund
Services, Inc. ("AFS"), an affiliate of ALPS (collectively, the "New
Servicing Structure"). The New Servicing Structure was approved by the
Board with the intent of reducing the Fund's overall expenses and fees
through the provision of an integrated set of high-quality advisory and
administrative services under ALPS' unified platform, while ensuring
that the Fund continues to receive RMA's high quality portfolio
management services it has previously received. The Board estimates that
the New Servicing Structure will provide stockholders with aggregate
savings of approximately 0.13% of its total assets annually.

The Fund

Boulder Growth & Income Fund, Inc. is a closed-end, non-diversified
management investment company traded on the New York Stock Exchange
under the trading symbol "BIF". As of July 16, 2018, the Fund's net
asset value was $12.55 per share and the closing market price was $10.43
(a 16.89% discount to net asset value). For more information on the
Fund, please visit the Fund's webpage at

The Fund is a closed-end fund and does not continuously issue stock for
sale as open-end mutual funds do. The Fund now trades in the secondary
market. Investors wishing to buy or sell stock need to place orders
through an intermediary or broker. The share price of a closed-end fund
is based on the market value.

About ALPS

Through its subsidiary companies, ALPS Holdings, Inc. is a leading
provider of innovative investment products and customized servicing
solutions to the financial services industry. Founded in
1985, Denver-based ALPS delivers its asset management and asset
servicing solutions through offices in Boston, New York, Seattle,
and Toronto. ALPS is a wholly owned subsidiary of SS&C Technologies,
Inc. For more information about ALPS and its services, visit
Information about ALPS products is available at

Rocky Mountain Advisers, LLC

RMA is an investment adviser registered with the SEC based out of
Kansas. More information about RMA is available at
as well as the SEC's investment adviser search website at

ALPS Portfolio Solutions Distributor, Inc., FINRA Member.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee

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