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Columbia Seligman Premium Tech Growth - STK STOCK NEWS

Welcome to our dedicated page for Columbia Seligman Premium Tech Growth news (Ticker: STK), a resource for investors and traders seeking the latest updates and insights on Columbia Seligman Premium Tech Growth stock.

Columbia Seligman Premium Technology Growth Fund, Inc. (STK) is a prominent closed-end management investment company with the primary objective of seeking capital growth and current income. Managed by Columbia Management Investment Advisers, LLC, a wholly-owned subsidiary of Ameriprise Financial, Inc., this fund adeptly invests across various sectors including consumer discretionary, industrials, information technology, and telecommunication services.

Columbia Threadneedle Investments, the global brand for Columbia and Threadneedle group of companies, oversees a substantial portfolio, managing assets worth $506 billion as of December 31, 2014. The firm boasts a robust team of over 2,000 professionals, including more than 450 investment experts located across North America, Europe, and Asia. This widespread expertise enables Columbia Seligman Premium Technology Growth Fund, Inc. to leverage diverse market opportunities and deliver on its investment objectives.

Recent achievements for STK include strategic investments in emerging market equities and fixed income, which have contributed to the fund’s overall growth and stability. The fund’s diversified approach helps mitigate risks while capitalizing on potential market gains. Current projects focus on enhancing the fund’s technology and telecommunications portfolio, aiming to maximize returns in these rapidly evolving sectors.

By continually assessing market trends and adjusting strategies accordingly, Columbia Seligman Premium Technology Growth Fund, Inc. remains a significant player in the investment landscape. Investors looking for a balanced mix of growth and income may find this fund particularly appealing, given its commitment to delivering consistent performance and leveraging global market opportunities.

Rhea-AI Summary

The Board of Directors of Columbia Seligman Premium Technology Growth Fund (NYSE: STK) announced the 12th Annual Meeting of Stockholders on June 21, 2022, in Minneapolis, MN. The record date for stockholder eligibility is April 12, 2022. Stockholders will elect two directors, re-elect two directors, and ratify the selection of PricewaterhouseCoopers LLP as the independent auditor for 2022. Additional details will be provided in a forthcoming notice and proxy statement filed with the Securities and Exchange Commission.

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Columbia Seligman Premium Technology Growth Fund (NYSE: STK) conducted its 11th Annual Meeting of Stockholders, where shareholders approved the Board's recommendations. During the meeting, two new directors, Ms. Sandra Yeager and Mr. Christopher O. Petersen, were elected for terms expiring in 2022, along with the re-election of three directors, Mr. George S. Batejan, and Mses. Kathleen Blatz and Pamela G. Carlton, for terms expiring in 2024. Additionally, stockholders ratified PricewaterhouseCoopers LLP as the Fund’s independent accounting firm for 2021.

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The Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has declared a second-quarter distribution of $0.4625 per share, representing a quarterly rate of 2.3125% (annualized 9.25%) based on the initial offering price. As of April 30, 2021, this rate reflects 1.3704% (annualized 5.48%) of the market price of $33.75 per share. The distribution will be paid on May 25, 2021, to stockholders on record as of May 17, 2021. The breakdown shows 27.87% from short-term capital gains and 72.13% from long-term capital gains.

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The Board of Directors of Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has announced its 11th Annual Meeting of Stockholders, scheduled for June 11, 2021. The record date for stockholder eligibility is April 20, 2021. During the meeting, stockholders will vote on the election of two new directors, re-election of three existing directors, and ratification of PricewaterhouseCoopers LLP as the independent accounting firm for the 2021 fiscal year. Further details will be provided in a notice of meeting and proxy statement to be filed with the SEC.

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FAQ

What is the current stock price of Columbia Seligman Premium Tech Growth (STK)?

The current stock price of Columbia Seligman Premium Tech Growth (STK) is $32.44 as of February 21, 2025.

What is the market cap of Columbia Seligman Premium Tech Growth (STK)?

The market cap of Columbia Seligman Premium Tech Growth (STK) is approximately 549.2M.

What is Columbia Seligman Premium Technology Growth Fund, Inc. (STK)?

STK is a closed-end management investment company focused on growth of capital and current income, managed by Columbia Management Investment Advisers, LLC.

Who manages Columbia Seligman Premium Technology Growth Fund, Inc.?

The fund is managed by Columbia Management Investment Advisers, LLC, which is a subsidiary of Ameriprise Financial, Inc.

What sectors does Columbia Seligman Premium Technology Growth Fund, Inc. invest in?

The fund invests in sectors such as consumer discretionary, industrials, information technology, and telecommunication services.

What is the primary investment objective of STK?

The main investment objective of STK is to seek growth of capital and current income.

What recent achievements has the fund accomplished?

Recent achievements include strategic investments in emerging markets and fixed income, contributing to the fund's growth and stability.

How diversified is Columbia Seligman Premium Technology Growth Fund, Inc.?

The fund is highly diversified, investing across multiple sectors to mitigate risks and capitalize on market opportunities.

What asset management group is associated with STK?

Columbia Threadneedle Investments is the global brand managing the assets and providing strategic direction for STK.

How large is the team managing Columbia Seligman Premium Technology Growth Fund, Inc.?

The team includes over 450 investment professionals and more than 2,000 people globally.

What is the total amount of assets managed by Columbia Threadneedle Investments?

As of December 31, 2014, Columbia Threadneedle Investments managed $506 billion in assets.

What current projects is the fund focusing on?

Current projects focus on enhancing the technology and telecommunications portfolio to maximize returns.
Columbia Seligman Premium Tech Growth

NYSE:STK

STK Rankings

STK Stock Data

549.23M
16.55M
0%
11.25%
0.09%
Asset Management
Financial Services
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United States
Boston