Tri-Continental Corporation PFD $2.50 (TY-P) Stock Price

Statistics

The Tri-Continental Corporation PFD $2.50 stock price is currently $ 39.31 with a total market cap valuation of $ 1.82B (46.29M shares outstanding). The Tri-Continental Corporation PFD $2.50 is trading on NYSE under the ticker sign TY-P. Tri-Continental Corporation PFD $2.50 price is up -1.13% in the past 24 hours. The Tri-Continental Corporation PFD $2.50 stock price prediction is currently bullish. The Tri-Continental Corporation PFD $2.50 trailing twelve month dividend rate is $ 2.50 per share with dividend yield of 6.36%.

Description

Tri-Continental Corporation operates as a U.S.-based closed-end investment fund. Its core mandate is to foster future growth in both capital and income, alongside providing a steady stream of current earnings. The fund's assets are evenly distributed between two key strategies: an equity segment that employs quantitative models for individual stock selection, and a Flexible Capital Income segment that strategically allocates investments across a company's entire financial structure, encompassing equities, fixed-income instruments, and convertible securities. This diversified fund holds investments across a broad spectrum of sectors, including but not limited to consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, and chemicals.

Company Profile

• Full Name: Tri-Continental Corporation PFD $2.50
• Sector: Financial Services
• Website: https://www.columbiathreadneedleus.com