Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States.
Frequently asked questions
What sector does Tri Continental Closed Fund (TY) operate in?
Tri Continental Closed Fund belongs to the Financials sector and operates in the Asset Management industry.
What is Tri Continental Closed Fund (TY) current stock price?
As of the latest data, Tri Continental Closed Fund stock price is $34.44, with a previous close of $34.49. Tri Continental Closed Fund lost -$0.05 in the last trading session, representing a -0.14% loss.
What is Tri Continental Closed Fund (TY) current market capitalization?
Tri Continental Closed Fund market cap is approximately 1.84 billion.
What is Tri Continental Closed Fund (TY) Earnings Per Share (EPS)?
The trailing EPS is $6.35.
What is Tri Continental Closed Fund (TY) Price-to-Earnings (P/E) ratio?
Tri Continental Closed Fund current P/E ratio is 5.42.
What is Tri Continental Closed Fund (TY) EBITDA?
Tri Continental Closed Fund EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 155.07 million.
Does Tri Continental Closed Fund (TY) pay dividends?
Yes. Tri Continental Closed Fund pays quarterly dividends with an annualized yield of 9.24% and an estimated annual payout of $3.18 per share.
What is Tri Continental Closed Fund (TY) beta (volatility) score?
Tri Continental Closed Fund has a beta of 0.855, meaning its volatility is roughly in line with the market.