Columbia Seligman Premium Technology Growth Fund Inc Aktie News

BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a second-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund's initial public offering in November 2009. The second-quart...

Large-cap technology stocks are finally seeing some limits to their upside after an epic 40%-plus run to all-time highs over the last year or so. So while the Magnificent 7 aren't quite as magnificent as they used to be, in some ways that can be an advantage to funds that write options. The Columbia Seligman Premium Technology Growth Fund has historically been the premier option-write technolog...

STK is appealing for investors that are seeking tech exposure combined with regular dividend flow. Stock-picking showed its risks in 2023 with the Fund being underweight in key companies which reduced share appreciation. Active management is underperforming the benchmark even when including dividends.

Columbia Seligman Premium Technology Growth Fund has outperformed its peers in the past year, but this performance is unlikely to continue. The valuation risk of the tech sector has become too high, which makes the STK closed-end fund vulnerable to a slowdown or correction. The fund's use of covered calls may be less efficient in generating income due to rising interest rates and low market vol...

BOSTON--(BUSINESS WIRE)--The Board of Directors (the Board) of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) (NYSE: STK) today announced that the Fund's 14th Annual Meeting of Stockholders will be held on June 25, 2024 (the Meeting) in Minneapolis, MN. The close of business on April 16, 2024 has been fixed by the Fund's Board as the record date for the determination of Stock...

BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a first-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund's initial public offering in November 2009. The first-quarter...

We outline an Income Strategy for creating a self-sufficient portfolio for retirees and income-focused investors with $1 million to generate a life-long income stream. We explain the benefits of generating income through dividends and distributions rather than selling shares for capital gains. We compare the results of backtesting an income strategy with index investing for the past 24 years, s...

The first week of 2024 was a rough one for stocks—and that, oddly enough, suggests we might see a good year for stocks in 2024.