A device for holding a bucket of frozen chum is fabricated primarily out of flexible plastic material that is integrally formed with a toroidal sleeve there around. The toroidal sleeve has a plastic foam floatation element housed therein, so that a frozen bucket of chum that is installed and contained in a cylindrical component of the device is maintained at a right distance below the surface of a body of water in which the device has been deployed. A plurality of holes are provided in components of the device, so that chum matter can pass there through as the frozen chum melts and exits the device into the surrounding body of water to attract fish. The device is also provided with a drawstring that cooperates with an upper edge of the cylindrical containing component to captivate the frozen bucket of chum therein.