Equities

Tri-Continental Corporation

Tri-Continental Corporation

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FinancialsClosed End Investments
  • Price (USD)33.78
  • Today's Change0.18 / 0.54%
  • Shares traded30.75k
  • 1 Year change+22.93%
  • Beta0.9586
Data delayed at least 15 minutes, as of Nov 22 2024.
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About the company

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. It 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. It 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.

  • Revenue in USD (TTM)67.10m
  • Net income in USD253.08m
  • Incorporated1929
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Blackrock Enhanced Equity Dividend Trust49.09m191.73m1.62bn0.008.430.9515--32.951.031.030.2649.130.0285--92.65--11.15--11.31--72.98--390.58------0.0001--7.01--306.31------
Virtus Investment Partners Inc888.04m119.29m1.65bn824.0014.251.857.421.8516.4516.45122.38126.710.2411--8.101,077,721.004.114.134.614.61----17.0618.99----0.687329.21-4.648.8911.1314.22-5.5228.84
Nuveen California Quality Muncpl IncmFnd135.13m153.28m1.65bn--10.740.8921--12.191.061.060.933712.760.0441--2.48--5.000.71195.040.71746.0663.73113.4318.17----0.4001350.923.57-2.03138.8211.79---7.30
Eaton Vance Tax-Mngd Buy-Wrt Opport Fund20.94m255.42m1.66bn--6.510.9998--79.452.192.190.179414.250.0128--6.06--15.667.9715.737.9922.6629.081,219.75561.99----0.0092.69-2.154.07186.61-----3.06
BlackRock Capital Allocation Term Trust81.13m208.42m1.71bn--8.190.9048--21.091.941.940.757317.600.0387--7.08--9.95--11.00--71.44--256.90------0.00---3.48--163.48------
Wisdomtree Inc407.88m46.76m1.71bn314.0041.194.5728.544.200.28480.28482.572.570.4138--10.061,346,152.005.933.246.533.59----14.3310.67--10.510.595870.9915.834.95111.3921.0199.82-5.59
BlackRock Innovation and Growth Trm Trst5.84m-65.77m1.72bn----0.908--295.17-0.2935-0.29350.02628.460.0028--8.49---3.19---3.23---336.63---1,126.40-----0.54470.0135--26.47--112.77------
BlackRock ESG Capital Allocatin Trm Trst61.68m260.77m1.74bn--6.530.9081--28.152.612.610.624418.760.0303--25.54--12.79--13.83--62.50--422.80------0.0035--38.89--194.26------
Compass Diversified Holdings2.07bn-155.52m1.74bn4.39k--1.9224.250.8381-2.100.682327.7316.350.53331.305.44471,650.40-1.01-0.5496-1.21-0.647645.3539.15-1.90-0.94241.620.31550.5418--2.488.69-220.52--2.08-7.03
Tri-Continental Corp67.10m253.08m1.74bn--6.971.03--25.944.824.821.2833.370.0398--4.85--15.0210.6715.0510.6989.6288.89377.16287.45----0.0065.97-1.631.83186.61----3.15
Umbra Companies Inc0.00-470.21k1.77bn0.00--1.74-----0.9752-0.97520.002.030.00-------28.19-105.74-35.72-132.77-----------13.360.1835-------5,222.31------
Cohen & Steers Qlty Inc Realty Fund Inc92.42m109.76m1.79bn--16.271.06--19.320.81650.81650.687512.480.0384--5.82--4.56--4.58--30.63--118.77------0.2974--9.08--136.40------
Oxford Lane Capital Corp356.74m185.45m1.81bn--8.191.10--5.060.6370.6371.174.760.1913--13.83--9.953.5110.293.8564.8263.1351.9918.52--5.960.2455327.2016.9827.97237.26------
Patria Investments Ltd328.66m64.29m1.82bn430.0027.973.7420.515.530.4280.4282.173.200.2916--2.81764,320.906.1618.169.2025.5352.4759.1121.1243.13--12.510.2485--26.3125.5327.3722.0836.84--
Nuveen Municipal Value Fund Inc83.23m48.97m1.82bn--37.130.949--21.840.23590.23590.4019.230.0422--1.78--2.48-0.19992.51-0.201398.8399.2158.84-5.00--3.050.0213--4.83-1.74117.48-6.88---2.85
Royce Small-Cap Trust Inc22.92m227.88m1.84bn50.008.060.9631--80.191.981.980.198716.540.0122--3.37--12.1710.2012.2210.23-5.7525.41994.46782.20----0.01866.54-6.08-2.85171.57-----1.04
Data as of Nov 22 2024. Currency figures normalised to Tri-Continental Corporation's reporting currency: US Dollar USD

Institutional shareholders

6.10%Per cent of shares held by top holders
HolderShares% Held
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 2024530.10k0.99%
Lazard Asset Management LLCas of 30 Sep 2024449.81k0.84%
Allspring Global Investments LLCas of 30 Sep 2024441.73k0.82%
Blue Bell Private Wealth Management LLCas of 30 Sep 2024412.57k0.77%
Bard Financial Services, Inc.as of 30 Sep 2024297.71k0.56%
UBS Financial Services, Inc.as of 30 Sep 2024246.00k0.46%
Relative Value Partners Group LLCas of 31 Mar 2024236.14k0.44%
Kovitz Investment Group Partners LLCas of 30 Sep 2024226.09k0.42%
HTLF Bank (Wealth Management)as of 30 Sep 2024223.71k0.42%
Raymond James & Associates, Inc. (Invt Mgmt)as of 30 Sep 2024206.44k0.39%
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Data from 31 Mar 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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