|
||||||
|
 | ||
| Font Size: | ||
|
|
Search | Advanced | |
|
 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||
|
Tri-Continental Corporation, traded on the New York Stock Exchange under the ticker symbol "TY," is one of the nation's oldest, diversified, closed-end investment companies. Since its inception in January 1929, Tri-Continental has sought to provide its investors with long-term growth of capital and income, and reasonable current income through a diversified portfolio. Its portfolio consists primarily of large-capitalization stocks representing a wide range of industry sectors. Tri-Continental has paid dividends to Common Stockholders for 63 consecutive years. For more information on returns and portfolio holdings click here. |
|
|
|
||
|
|
|
|
||
 |
Tri-Continental Corporation (NYSE: TY) Announces Expiration And Results Of In-Kind Tender Offer, And Intention To Conduct Cash Tender Offer In January 2009 |
|
|
NEW YORK, NY, December 11, 2008 — Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today announced the expiration and results of its in-kind tender offer for up to 36,308,589 of its shares of common stock, representing approximately 35% of its issued and outstanding shares (the “In-Kind Offer”). The In-Kind Offer expired at 5:00 p.m., Eastern time, on Thursday, December 11, 2008. [more]
|
|
|
|
||
|
Tri-Continental Corporation (NYSE: TY) Announces Commencement of Tender Offer |
|
|
NEW YORK, November 12, 2008 – Tri-Continental Corporation (the “Corporation”) (NYSE: TY) is offering to repurchase up to approximately 35% of its issued and outstanding shares of common stock (“Common Stock”) in exchange for a pro rata portion of the Corporation’s portfolio securities (subject to certain exceptions) and cash (or cash equivalents) at a price equal to 99.25% of the net asset value (“NAV”) per share of Common Stock as of the close of the regular trading session of the New York Stock Exchange on the trading day immediately after the day the repurchase offer expires (the “Repurchase Pricing Date”). [more] |
|
|
|
||
|
RiverSource Investments, LLC Completes its Acquisition of J. & W. Seligman & Co. Incorporated and Becomes Investment Manager of Tri-Continental Corporation (NYSE: TY) |
|
|
NEW YORK, NEW YORK, November 7, 2008 – Today, Tri-Continental Corporation (the “Corporation”) (NYSE: TY) announced that RiverSource Investments, LLC (“RiverSource”), a subsidiary of Ameriprise Financial, Inc. (“Ameriprise Financial”), has completed its acquisition of J. & W. Seligman & Co. Incorporated, the Corporation’s investment manager prior to November 7, 2008. With the Acquisition completed and stockholders of the Corporation having previously approved (at a Special Meeting held on October 7, 2008) a new investment management services agreement between the Corporation and RiverSource Investments, RiverSource Investments is the new investment manager of the Corporation effective November 7, 2008. [more] |
|
|
|
||
|
Tri-Continental Corporation Declares Fourth Quarter Dividend Distributions |
|
|
NEW YORK, November 4, 2008 – The Board of Directors of Tri-Continental Corporation (NYSE: TY) today declared a fourth quarter distribution of $0.428 per share of Common Stock and $0.625 per share of Preferred Stock. Distributions on Common Stock will be paid on December 10, 2008 to Common Stockholders of record on November 28, 2008, and distributions on Preferred Stock will be paid on January 2, 2009 to Preferred Stockholders of record on November 28, 2008. The ex-dividend date for both the Common Stock and the Preferred Stock is November 25, 2008. Common Stockholders may elect to receive all or a portion of their distribution in additional shares. [more] |
|
|
|
||
|
Stockholders of Tri-Continental Corporation (NYSE: TY) Approve New Investment Management Services Agreement with RiverSource Investments, LLC and Elect Ten New Directors |
|
|
NEW YORK, October 7, 2008 – Today, Tri-Continental Corporation (the “Corporation”) (NYSE: TY) held a Special Meeting of Stockholders in Baltimore, Maryland (the “Meeting”) and announced that Stockholders approved each of the Board’s two recommendations. Stockholders approved a new investment management services agreement (the “New Agreement”) between the Corporation and RiverSource Investments, LLC (“RiverSource”), a subsidiary of Ameriprise Financial, Inc. (Proposal 1), and elected ten new Directors to the Corporation’s Board (Proposal 2). [more] |
|
|
|
||
|
Tri-Continental Corporation (NYSE: TY) Announces Agreement with Certain Stockholders, including Western Investment LLC |
|
|
NEW YORK, August 19, 2008 – Tri-Continental Corporation (the “Fund”) (NYSE: TY) today announced that it had entered into an agreement with a stockholder group (the “Group”) including Western Investment LLC whereby the members of the Group have agreed to cast their votes at the Fund’s upcoming special meeting of stockholders in accordance with the recommendations of the Fund’s board. The special meeting is scheduled for October 7, 2008. [more] |
|
|
|
||
|
Tri-Continental Corporation (NYSE: TY) Declares Third Quarter Distribution |
|
|
NEW YORK, August 18, 2008 – The Board of Directors of Tri-Continental Corporation (NYSE: TY) today declared a third quarter distribution of $0.513 per share of Common Stock and $0.625 per share of Preferred Stock. Distributions on Common Stock will be paid on September 18, 2008 to Common Stockholders of record on September 9, 2008, and distributions on Preferred Stock will be paid on October 1, 2008 to Preferred Stockholders of record on September 9, 2008. The ex-dividend date for both the Common Stock and the Preferred Stock is September 5, 2008. Common Stockholders may elect to receive all or a portion of their distribution in additional shares. [more] |
|
|
|
||
|
Seligman Closed-End Funds Issue Statement Regarding Boards’ Approval of New Advisory, Subadvisory and Administration Agreements Between Each Fund and Ameriprise Financial, Inc. |
|
|
NEW YORK- July 29, 2008 -- On July 7, 2008, Ameriprise Financial, Inc. ("Ameriprise") announced an agreement to acquire J. & W. Seligman & Co. Incorporated (the "Manager"), the manager of each of Seligman LaSalle International Real Estate Fund, Inc. ("SLIREF") (NYSE: SLS), Seligman Select Municipal Fund, Inc. (NYSE:SEL), and Tri-Continental Corporation (NYSE:TY) (collectively, the "Funds"), in a transaction that is likely to close in the fourth quarter of 2008. Under the Investment Company Act of 1940, consummation of Ameriprise's acquisition of the Manager will result in a change of control of the Manager and an assignment and automatic termination of each Fund's management agreement with the Manager, as well as the sub-advisory agreement of SLIREF. [more] |
|
|
|
|
Sign up for E-Delivery |
 |
|||
|
|
|
New Distribution Policy |
|
|||
|
|
|
Monthly Facts |
|
|||
|
|
|
Stockholder Reports |
|
|||
|
|
|
Prospectus |
|
|||
|
|
|
Fund Holdings |
|
|||
|
|
|
Press Releases |
|
|||
|
|
|
"Community, Tri- Continental's Newsletter" |
|
|||
| Home | | | About Us | | | Portfolio Facts | | | Distributions | | | Investor Education |
This information is authorized for use only in the case of concurrent or prior delivery of the offering prospectus of the Corporation. You should consider the investment objectives, risks, charges, and expenses of the Corporation carefully before investing. The prospectus, which contains information about these factors and other information about the Corporation, should be read carefully before investing in the Corporation. You can obtain the Corporation’s, prospectus and stockholder reports by clicking on the respective links. These reports and other information are also available on the Securities and Exchange Commission’s EDGAR Database.
Effective November 7, 2008, J. & W. Seligman Co. Incorporated ("Seligman") was acquired by and became a wholly-owned subsidiary of RiverSource Investments, LLC. As a result of the acquisition, Seligman's investment advisory contracts were transferred to RiverSource Investments.
Tri-Continental is managed by RiverSource Investments, LLC ("RiverSource"). Seligman Advisors, Inc., member FINRA, is the principal underwriter of the Seligman mutual funds managed by RiverSource. Seligman Services, Inc. provides client services to shareholders of Tri-Continental. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of RiverSource Investments, LLC.
