Tri-Continental Corp is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. Tri-Continental Corporation (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to produce future growth of both capital and income while providing reasonable current income. The company invests primarily for the longer term and has no charter restrictions with respect to its investments. With respect to the Fund’s investments, assets may be held in cash or invested in all types of securities, that is, in common stocks, bonds, convertible bonds, debentures, notes, preferred and convertible preferred stocks, rights, and other securities or instruments. The company may invest in debt/fixed income instruments and convertible securities that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality. The Fund may invest in derivatives, such as futures contracts (including equity futures and index futures), to equitize cash. The Fund's manager is Columbia Management Investment Advisers, LLC.
Follow-Up Questions
What is Tri-Continental Corp (TY)'s P/E Ratio?
The P/E ratio of Tri-Continental Corp is 5.5263
What is the price performance of TY stock?
The current price of TY is $33.82, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Tri-Continental Corp?
Tri-Continental Corp belongs to N/A industry and the sector is N/A
What is Tri-Continental Corp market cap?
Tri-Continental Corp's current market cap is $1.7B