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You've no doubt heard the old Wall Street saw: “Sell in May and go away.”
Columbia Seligman Premium Technology Growth Fund, Inc. (the âFundâ) (NYSE: STK) today held its 16th Annual Meeting of Stockholders (the âMeetingâ) in M
MINNEAPOLIS--(BUSINESS WIRE)--Columbia Seligman Premium Technology Growth Fund, Inc. (the “Fund”) (NYSE: STK) today held its 16th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders voted in favor of the recommendations of the Fund's Board of Directors (the “Board”) on each of two proposals at the Meeting. Specifically, Stockholders elected Directors Nancy T. Lukitsh, Catherine James Paglia, Brian J. Gallagher, and Ryan C. Larrenaga, each for a term that will.
Columbia Seligman Premium Technology Growth Fund (STK) offers investors a way to get exposure to AI growth, while collecting a high yield. STK offers a dividend yield of 4.8% but I expect a large year-end supplemental distribution to be issued. A lot of STK's recent growth has come form Bloom Energy (BE). Bloom is aligned for continued growth so STK may not rotate out of this position.
DENVER--(BUSINESS WIRE)--STK Steakhouse, the globally recognized steakhouse concept from The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) has officially opened its highly anticipated downtown Phoenix location at 201 E. Washington St., Suite 114, bringing the brand's signature “vibe dining” experience to the center of one of the country's fastest-growing cities. Located steps from the city's sports and entertainment corridor, the new restaurant introduces STK's s.
BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a second-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund's initial public offering in November 2009. The first-quarter distribution of $0.4625 per share is equal to a quarterly rate of 0.946% (3.78% annualized) of the F.
Columbia Seligman Premium Technology Growth Fund offers a dynamic tech-income blend, with active management and a current Buy rating for core tech-income portfolios. STK's portfolio is heavily tilted toward semiconductors and equipment, with low SaaS/hyperscaler exposure, reflecting current market demand and pricing strength. The fund's covered call strategy is actively managed (0-90% coverage), balancing income generation and upside capture, and currently covers about 50-60% of the portfolio.
The Columbia Seligman Premium Technology Growth Fund (STK) has outperformed other tech-heavy growth funds, including QQQ, in the recent bull run post-2013. STK offers a higher technology and communications sector weighting (76.91%) than QQQ, with concentrated bets like Bloom Energy driving recent outperformance. As a closed-end fund, STK trades at a -2.89% discount to NAV, yields 4.05% in quarterly distributions, and carries a 1.13% expense ratio.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.