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Tri-Continental Corporation (TY)

NYSE - NYSE Delayed Price. Currency in USD
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29.16+0.29 (+1.02%)
At close: 12:57PM EST
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  • m
    martin
    Is any one here? Will this recover from dip after div? What is your projection for 2020?
  • M
    Mitchell
    Based on the 1st quarter distribution of 26.5 cents a share that puts the yield for this fund at it's current price at 5% which is good for a high quality fund like this one. The expense ratio .49 is the lowest in the industry.

    My approach is to hold 75% of my portfolio in 10 of the highest quality closed funds. This is one of them. Then I put the other 25% in 5-6 dogs that have been beaten down badly and have very high distribution yields. The dogs help push up the yield and spice up the performance a bit without taking on too much risk.

    No diversified closed fund held up in the recent market plunge better than this. This one held up better than bond funds! While many or most funds are 60% or more off their highs this one is just 27% off.

    Highly recommended!
  • Y
    Yahoo Finance Insights
    TY reached a 52 Week low at $24.26
  • Y
    Yahoo Finance Insights
    TY reached a 52 Week low at $24.81
  • Y
    Yahoo Finance Insights
    TY reached a 52 Week low at $21.89
  • J
    JOHN
    so, it keeps chugging along. 10,000 sh, not IRA, with cost basis at around $10. it was a key holding with SBF and GAM in the 1980's when Cap Gains distributions and divs were monster cash deposits. now, retired, i just dont want to pay the cap gain tax. so it just sits there staring at me.
  • J
    Jane
    RVT should be one of the best performers of this bounce. High earnings, low P.E., volume is almost twice the average volume
    today at 9 a.m., distribution of 13%, small/mid-cap value stocks, RVT.
  • S
    SteveK
    How about dividend day?
  • Y
    Yahoo Finance Insights
    TY is down 18.43% to 18.96
  • Y
    Yahoo Finance Insights
    TY is down 18.43% to 18.96
  • Y
    Yahoo Finance Insights
    TY is down 5.08% to 24.67
  • Y
    Yahoo Finance Insights
    TY is down 5.85% to 20.88
  • Y
    Yahoo Finance Insights
    TY is down 5.32% to 19.39
  • Y
    Yahoo Finance Insights
    TY is down 5.62% to 24.66
  • Y
    Yahoo Finance Insights
    TY is down 4.97% to 23.52
  • Y
    Yahoo Finance Insights
    TY is down 4.97% to 23.52
  • Y
    Yahoo Finance Insights
    TY is down 5.08% to 24.67
  • Y
    Yahoo Finance Insights
    TY is down 5.85% to 20.88
  • Y
    Yahoo Finance Insights
    TY is down 6.65% to 17.30
  • R
    Ralph
    buy time incrementally