Columbia Seligman Premium Technology Growth Fund Announces a First Quarter Distribution: 9.25% Annual Rate for IPO Investors
Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has announced its first-quarter distribution of $0.4625 per share, representing a quarterly rate of 2.3125% (9.25% annualized) of the initial $20.00 IPO offering price from November 2009. Based on the current market price of $32.89, this equals a 5.62% annualized rate.
The distribution, payable on February 25, 2025, comprises 22.44% from net realized short-term capital gains ($0.1038) and 77.56% from net realized long-term capital gains ($0.3587), with no return of capital. The Fund's performance shows an impressive 18.88% average annual total NAV return for the 5-year period ended January 31, 2025, and a 15.31% average annual total NAV return since inception.
Il Columbia Seligman Premium Technology Growth Fund (NYSE: STK) ha annunciato la sua distribuzione del primo trimestre di $0.4625 per azione, che rappresenta un tasso trimestrale del 2.3125% (9.25% annualizzato) rispetto al prezzo iniziale di offerta IPO di $20.00 di novembre 2009. Sulla base del prezzo di mercato attuale di $32.89, ciò corrisponde a un tasso annualizzato del 5.62%.
La distribuzione, che sarà pagata il 25 febbraio 2025, è composta da 22.44% di guadagni in conto capitale a breve termine netti realizzati ($0.1038) e 77.56% di guadagni in conto capitale a lungo termine netti realizzati ($0.3587), senza restituzione di capitale. Le prestazioni del Fondo mostrano un'impressionante 18.88% di rendimento annuale totale medio NAV per il periodo di 5 anni conclusosi il 31 gennaio 2025, e un 15.31% di rendimento annuale totale medio NAV dall'inizio.
El Columbia Seligman Premium Technology Growth Fund (NYSE: STK) ha anunciado su distribución del primer trimestre de $0.4625 por acción, lo que representa una tasa trimestral del 2.3125% (9.25% anualizada) respecto al precio inicial de oferta IPO de $20.00 de noviembre de 2009. Basado en el precio de mercado actual de $32.89, esto equivale a una tasa anualizada del 5.62%.
La distribución, que se pagará el 25 de febrero de 2025, se compone de 22.44% de ganancias de capital a corto plazo netas realizadas ($0.1038) y 77.56% de ganancias de capital a largo plazo netas realizadas ($0.3587), sin retorno de capital. El rendimiento del Fondo muestra un impresionante 18.88% de rendimiento anual total promedio NAV para el período de 5 años que finalizó el 31 de enero de 2025, y un 15.31% de rendimiento anual total promedio NAV desde su inicio.
콜롬비아 셀리그먼 프리미엄 기술 성장 펀드 (NYSE: STK)는 첫 분기 배당금으로 주당 $0.4625를 발표했으며, 이는 2009년 11월 IPO의 초기 가격 $20.00의 분기 비율인 2.3125% (연환산 9.25%)에 해당합니다. 현재 시장 가격인 $32.89에 기초하면, 이는 연환산 비율 5.62%에 해당합니다.
2025년 2월 25일에 지급될 배당금은 단기 순자본소득 실현의 22.44% ($0.1038)과 장기 순자본소득 실현의 77.56% ($0.3587)로 구성되어 있으며, 자본 반환은 없습니다. 펀드의 성과는 2025년 1월 31일 기준 5년 동안 평균 연간 총 NAV 수익률 18.88%를 기록하였고, 시작 이래 평균 연간 총 NAV 수익률 15.31%를 보여줍니다.
Le Columbia Seligman Premium Technology Growth Fund (NYSE: STK) a annoncé sa distribution du premier trimestre de $0.4625 par action, représentant un taux trimestriel de 2.3125% (9.25% annualisé) par rapport au prix d'offre initial de 20,00 $ lors de l'introduction en bourse de novembre 2009. Sur la base du prix de marché actuel de 32,89 $, cela équivaut à un taux annualisé de 5,62%.
La distribution, payable le 25 février 2025, est composée de 22.44% provenant des gains en capital nets réalisés à court terme (0,1038 $) et de 77.56% provenant des gains en capital nets réalisés à long terme (0,3587 $), sans retour de capital. La performance du Fonds montre un impressionnant 18.88% de rendement annuel total moyen de la valeur liquidative (NAV) pour la période de 5 ans se terminant le 31 janvier 2025, et un 15.31% de rendement annuel total moyen de la NAV depuis le début.
Der Columbia Seligman Premium Technology Growth Fund (NYSE: STK) hat seine Ausschüttung für das erste Quartal von $0.4625 pro Aktie bekannt gegeben, was einer vierteljährlichen Rate von 2.3125% (annualisiert 9.25%) des anfänglichen IPO-Preises von $20.00 aus November 2009 entspricht. Basierend auf dem aktuellen Marktpreis von $32.89 entspricht dies einer annualisierten Rate von 5.62%.
Die Ausschüttung, die am 25. Februar 2025 zahlbar ist, setzt sich aus 22.44% aus realisierten Netto-Kurzfrist-Kapitalgewinnen ($0.1038) und 77.56% aus realisierten Netto-Langfrist-Kapitalgewinnen ($0.3587) zusammen, ohne Kapitalrückgabe. Die Performance des Fonds zeigt eine beeindruckende 18.88% durchschnittliche jährliche Gesamtnettowertrendite (NAV) für den Fünfjahreszeitraum bis zum 31. Januar 2025 und eine 15.31% durchschnittliche jährliche Gesamtnettowertrendite (NAV) seit der Gründung.
- None.
- None.
The distribution will be paid on February 25, 2025 (the Payment Date) to Stockholders of record on February 18, 2025. The ex-dividend date is February 18, 2025. It is anticipated that the Fund will make a subsequent distribution under its managed distribution policy in the month of May.
Prior to the managed distribution policy, the Fund paid distributions pursuant to a level rate distribution policy. Under its former distribution policy and consistent with the Investment Company Act of 1940, as amended, the Fund could not distribute long-term capital gains more often than once in any one taxable year.
In October 2010, the Fund received exemptive relief from the Securities and Exchange Commission that permits the Fund to make periodic distributions of long-term capital gains more often than once in any one taxable year. After consideration by the Fund’s Board, the Fund adopted the current managed distribution policy which allows the Fund to make distributions of long-term capital gains more than once in any taxable year.
The following table sets forth the estimated breakdown of the distribution noted above, on a per share basis, from the following sources: net investment income; net realized short-term capital gains; net realized long-term capital gains; and return of capital or other capital source.
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Breakdown of Distribution |
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Sources |
% |
US Dollar |
Net Investment Income |
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Net Realized Short-Term Capital Gains |
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Net Realized Long-Term Capital Gains |
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Return of Capital or other Capital Source |
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Total |
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The following table sets forth the estimated breakdown, on a per share basis, of all distributions made by the Fund during the year-to-date period ended on the Payment Date of the above distributions (includes the distribution payment noted in the table above) from the following sources: net investment income; net realized short-term capital gains; net realized long-term capital gains; and return of capital or other capital source.
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Breakdown of All Distributions Paid Through
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Sources |
% |
US Dollar |
Net Investment Income |
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Net Realized Short-Term Capital Gains |
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Net Realized Long-Term Capital Gains |
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Return of Capital or other Capital Source |
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Total |
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In certain years since the Fund’s inception, the Fund has distributed more than its income and net realized capital gains, which has resulted in Fund distributions substantially consisting of return of capital or other capital source. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.” As of the payment date of the current distribution, all Fund distributions paid in 2025 (as estimated by the Fund based on current information) are from the earnings and profits of the Fund and not a return of capital. This could change during the remainder of the year, as further described below.
The amounts, sources and percentage breakdown of the distributions reported above are only estimates and are not being provided for, and should not be used for, tax reporting purposes. The actual amounts, sources and percentage breakdown of the distribution for tax reporting purposes, which may include return of capital, will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.
The following table sets forth (i) the average annual total return of a share of the Fund’s common stock at net asset value (NAV) for the 5-year period ended January 31, 2025 and (ii) the Fund’s annualized distribution rate, for the same period, expressed as a percentage of the NAV price of a share of the Fund’s common stock at January 31, 2025.
Average Annual Total NAV Return for the 5-year Period Ended January 31, 2025
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Annualized Distribution Rate as a Percentage of January 31, 2025 NAV Price
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The following table sets forth (i) the average annual total return of a share of the Fund’s common stock at net asset value (NAV) for the period since inception of Fund investment operations through the period noted and (ii) the Fund’s annualized distribution rate, for the same period, expressed as a percentage of the NAV price of a share of the Fund’s common stock at January 31, 2025. Average annual total return of a share of the Fund’s common stock at NAV for the period since inception of Fund investment operations through the period noted includes the
Average Annual Total NAV Return for the Period Since Inception of Investment
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Annualized Distribution Rate as a Percentage of January 31, 2025 NAV Price
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The following table sets forth (i) the cumulative total return (at NAV) of a share of the Fund’s common stock for the year-to-date period ended January 31, 2025 and (ii) the Fund’s distribution rate, for the same period, expressed as a percentage of the NAV price of a share of the Fund’s common stock at January 31, 2025
Cumulative Total NAV Return for the Year-to-Date Period Ended January 31, 2025 |
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Distribution Rate as a Percentage of January 31, 2025 NAV Price
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N/A - no distributions made during this period |
You should not draw any conclusions about the Fund’s investment performance from the amount of the distributions noted in the tables above or from the terms of the Fund’s distribution policy.
The Fund or your financial professional will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions on your US federal income tax return. For tax purposes, the Fund is required to report unrealized gains or losses on certain non-US investments as ordinary income or loss, respectively. Accordingly, the amount of the Fund’s total distributions that will be taxable as ordinary income may be different than the amount of the distributions from net investment income reported above.
The Board may change the Fund’s distribution policy and the amount or timing of the distributions, based on a number of factors, including, but not limited to, the amount of the Fund’s undistributed net investment income and net short- and long-term capital gains and historical and projected net investment income and net short- and long-term capital gains.
The Fund is a closed-end investment company that trades on the New York Stock Exchange.
Past performance does not guarantee future results.
Important Disclosures:
Investors should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. A prospectus containing information about the fund (including its investment objectives, risks, charges, expenses, and other information about the fund) may be obtained by contacting your financial advisor or visiting columbiathreadneedleus.com. The prospectus should be read carefully before investing in the fund. For more information, please visit columbiathreadneedleus.com.
The Fund expects to receive all or some of its current income and gains from the following sources: (i) dividends received by the Fund that are paid on the equity and equity-related securities in its portfolio; and (ii) capital gains (short-term and long-term) from option premiums and the sale of portfolio securities. It is possible that the Fund’s distributions will at times exceed the earnings and profits of the Fund and therefore all or a portion of such distributions may constitute a return of capital as described below. A return of capital is a return of your original investment. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.” You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the Fund’s distribution policy.
Distributions that qualify as a return of capital are a return of some or all of your original investment in the Fund. A return of capital reduces a stockholder’s tax basis in his or her shares. Once the tax basis in your shares has been reduced to zero, any further return of capital may be taxable as capital gain. Shareholders should consult their tax advisor or tax attorney for proper treatment.
Distributions may be variable, and the Fund’s distribution rate will depend on a number of factors, including the net earnings on the Fund’s portfolio investments and the rate at which such net earnings change as a result of changes in the timing of, and rates at which, the Fund receives income from the sources noted above. As portfolio and market conditions change, the rate of distributions on the shares and the Fund’s distribution policy could change.
Market risk may affect a single issuer, sector of the economy, industry or the market as a whole. The products of technology companies may be subject to severe competition and rapid obsolescence, and their stocks may be subject to greater price fluctuations. Investments in small- and mid-cap companies involve risks and volatility greater than investments in larger, more established companies. Foreign investments subject the fund to risks, including political, economic, market, social and others within a particular country, as well as to currency instabilities and less stringent financial and accounting standards generally applicable to
The Fund should only be considered as one element of a complete investment program. An investment in the Fund should be considered speculative. The Fund's investment policy of investing in technology and technology-related companies and writing call options involves a high degree of risk.
There is no assurance that the Fund will meet its investment objectives or that distributions will be made. You could lose some or all of your investment. In addition, closed-end funds frequently trade at a discount to their net asset values, which may increase your risk of loss.
The Fund is not insured by the FDIC, NCUA or any federal agency, is not a deposit or obligation of, or guaranteed by any financial institution, and involves investment risks including possible loss of principal and fluctuation in value.
Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.
© 2025 Columbia Management Investment Advisers, LLC. All rights reserved.
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