# Tri-Continental Corporation (TY): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ty for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 1980-03-17 The Tri-Continental Corporation operates as a closed-end equity mutual fund, managed by Columbia Management Investment Advisers, LLC. Its core strategy involves investing in publicly traded large-capitalization companies spanning various sectors within the United States equity markets. The fund's investment performance is benchmarked against the S&P 500 Index. Established in January 1929, it is legally domiciled in the United States. ## Key Facts | Metric | Value | |---|---| | Price | $34.49 | | Expense Ratio | 0.46% | | Assets Under Management | $1.84B | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 10.80% | | Annual Distribution (TTM) | $3.73 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $30.53 – $36.55 | | Beta | 0.85 | ## Latest Distribution - Amount: $0.2962 /share - Ex-date: 2026-09-14 - Pay date: 2026-09-22 ## Frequently Asked Questions ### What does TY invest in? The Tri-Continental Corporation operates as a closed-end equity mutual fund, managed by Columbia Management Investment Advisers, LLC. Its core strategy involves investing in publicly traded large-capitalization companies spanning various sectors within the United States equity markets. The fund's investment performance is benchmarked against the S&P 500 Index. Established in January 1929, it is legally domiciled in the United States. ### What is the expense ratio of TY? Tri-Continental Corporation (TY) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TY? Tri-Continental Corporation (TY) manages $1.84B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TY actively managed or an index fund? TY is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (TY's is 0.46%) because there's no security selection cost. ### When was TY launched? Tri-Continental Corporation (TY) launched in March 1980 and is managed by the fund issuer. ### How has TY performed? TY's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TY pay a dividend? Tri-Continental Corporation (TY) currently distributes little or no income. Trailing-twelve-month yield is 10.80%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TY pay dividends? Tri-Continental Corporation pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TY's dividend yield? TY's trailing-twelve-month yield is 10.80%, calculated from the sum of dividends over the past year divided by the current price. ### When is TY's next ex-dividend date? The most recently announced ex-dividend date for TY was 2026-09-14. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will TY's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.46% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TY charge its expense ratio? The expense ratio is deducted in tiny daily slices from TY's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TY cost more than a fund like VOO? TY is a passive index fund (current expense ratio 0.46%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to TY? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TY (0.46%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ty - Distribution history: https://www.dividenddata.com/funds/ty/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ty/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ty/expenses - Peer comparison: https://www.dividenddata.com/funds/ty/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.