Tri-Continental Corp. Aktie News

Tri-Continental Corporation (TY) offers a hybrid portfolio of equities and bonds, targeting long-term capital growth and current income for investors. TY boasts a high trailing twelve-month yield of 11.36%, but distributions are variable and heavily reliant on capital gains, making income less predictable. The fund has been experiencing weakness along with the S&P 500, which might be due to inv...

BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a fourth quarter ordinary income distribution of $0.2711 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a total capital gain distribution of $2.0443 per share of Common Stock. This capital gain distribution consists of short-term capital g...

This report screens ~400 closed-end funds (CEFs) for those with 100%+ net investment income coverage, highlighting lower risk of distribution cuts. Top lists identify CEFs with the widest discounts, most attractive z-scores, highest covered yields, and best combinations of value and income. Investors are encouraged to use these rankings as a starting point for due diligence, not as final buy or...

BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a third quarter ordinary income distribution of $0.2654 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on September 24, 2025 to Common Stockholders of record on September 16, 2025, and dividends on Preferred Stock will be paid on Octo...

Tri-Continental Corporation offers a moderate 3.56% yield, outperforming equity indices but lagging peer closed-end funds and even some bonds on income. TY has delivered strong long-term total returns, ranking among the top hybrid CEFs over the past decade, with recent 14-month outperformance versus the S&P 500 Total Return Index. The fund's low relative exposure to mega-cap tech stocks enhance...

MINNEAPOLIS--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today held its 95th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders voted in favor of the recommendations of the Corporation's Board of Directors (the “Board”) on each of two proposals at the Meeting. Specifically, Stockholders re-elected Directors Daniel J. Beckman, J...