TY Stock Overview
Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Tri-Continental Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.46 |
| 52 Week High | US$30.95 |
| 52 Week Low | US$25.16 |
| Beta | 0.95 |
| 1 Month Change | -3.22% |
| 3 Month Change | 1.34% |
| 1 Year Change | 10.50% |
| 3 Year Change | -13.02% |
| 5 Year Change | 8.47% |
| Change since IPO | -11.40% |
Recent News & Updates
Tri-Continental Corp: Thank You For Delivering A Solid 2023
Dec 03TY: Low-Cost Balanced CEF Available At A Nice Discount To NAV
Sep 15Recent updates
Tri-Continental Corp: Thank You For Delivering A Solid 2023
Dec 03TY: Low-Cost Balanced CEF Available At A Nice Discount To NAV
Sep 15TY CEF: Trailing Other Investment Choices
Nov 09Tri-Continental: Solid Balanced Fund With Opportunity For High Distributions
Oct 28Tri-Continental declines by dividend 3.1% to $0.2695
Sep 02Tri-Continental: A Solid Balanced Fund With A Good Long-Term Performance Record
Nov 01Tri-Continental declares $0.2679 dividend
Nov 20Shareholder Returns
| TY | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.5% | 1.9% | 1.0% |
| 1Y | 10.5% | 28.1% | 21.9% |
Return vs Industry: TY underperformed the US Capital Markets industry which returned 31.6% over the past year.
Return vs Market: TY underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| TY volatility | |
|---|---|
| TY Average Weekly Movement | 1.5% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: TY has not had significant price volatility in the past 3 months.
Volatility Over Time: TY's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | n/a | n/a | www.columbiathreadneedleus.com |
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.
Tri-Continental Corporation Fundamentals Summary
| TY fundamental statistics | |
|---|---|
| Market cap | US$1.53b |
| Earnings (TTM) | US$251.20m |
| Revenue (TTM) | US$67.10m |
6.1x
P/E Ratio22.8x
P/S RatioIs TY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TY income statement (TTM) | |
|---|---|
| Revenue | US$67.10m |
| Cost of Revenue | US$0 |
| Gross Profit | US$67.10m |
| Other Expenses | -US$184.10m |
| Earnings | US$251.20m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.83 |
| Gross Margin | 100.00% |
| Net Profit Margin | 374.35% |
| Debt/Equity Ratio | 0% |
How did TY perform over the long term?
See historical performance and comparison