How to buy Tri Continental Closed Fund stock (TY)

Tri Continental Closed Fund is an asset management business based in the US. Tri Continental Closed Fund shares (TY) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $31.72 – an increase of 0.95% over the previous week.

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Tri Continental Closed Fund stock price (NYSE: TY)

Use our graph to track the performance of TY stocks over time.

Tri Continental Closed Fund shares at a glance

• Key figures

Information last updated 2024-12-26.

Latest market close	$31.72
52-week range	$26.99 - $34.53
50-day moving average more info button	$33.38
200-day moving average more info button	$31.66
Wall St. target price	N/A
PE ratio more info button	5.893
Dividend yield more info button	$1.084 (3.57%)
Earnings per share (TTM) more info button	$5.42

Is it a good time to buy Tri Continental Closed Fund stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Tri Continental Closed Fund price performance over time

Historical closes compared with the close of $31.94 from 2024-12-24

1 week (2024-12-20)	1.65%
1 month (2024-11-27)	-6.55%
3 months (2024-09-27)	-2.65%
6 months (2024-06-27)	3.67%

1 year (2023-12-27)	9.99%
2 years (2022-12-27)	34.90%
3 years (2021-12-27)	8.71%
5 years (2019-12-27)	38.37%

Is Tri Continental Closed Fund stock undervalued or overvalued?

Valuing Tri Continental Closed Fund stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tri Continental Closed Fund's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tri Continental Closed Fund's P/E ratio

Tri Continental Closed Fund's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Tri Continental Closed Fund shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Tri Continental Closed Fund financials

Revenue TTM	$66 million
Operating margin TTM	87.69%
Gross profit TTM	$68.2 million
Return on assets TTM	2.03%
Return on equity TTM	15.83%
Profit margin	427.14%
Book value	$35.14
Market Capitalization more info button	$1.7 billion

TTM: trailing 12 months

Tri Continental Closed Fund share dividends

Dividend payout ratio: 19.99% of net profits

Recently Tri Continental Closed Fund has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tri Continental Closed Fund shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Tri Continental Closed Fund's case, that would currently equate to about $1.084 per share.

While Tri Continental Closed Fund's payout ratio might seem low, this can signify that Tri Continental Closed Fund is investing more in its future growth.

Tri Continental Closed Fund's most recent dividend payout was on 26 December 2018. The latest dividend was paid out to all shareholders who bought their shares by 12 December 2024 (the "ex-dividend date").

Tri Continental Closed Fund share price volatility

Over the last 12 months, Tri Continental Closed Fund's shares have ranged in value from as little as $26.9919 up to $34.5288. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tri Continental Closed Fund's is 0.96. This would suggest that Tri Continental Closed Fund's shares are less volatile than average (for this exchange).

Tri Continental Closed Fund overview

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States. .

Frequently asked questions

What percentage of Tri Continental Closed Fund is owned by insiders or institutions?
Currently 0.031% of Tri Continental Closed Fund shares are held by insiders and 13.754% by institutions. When does the fiscal year end for Tri Continental Closed Fund?
Tri Continental Closed Fund's fiscal year ends in December. Where is Tri Continental Closed Fund based?
Tri Continental Closed Fund's address is: 290 Congress Street, Boston, MA, United States, 02210 What is Tri Continental Closed Fund's ISIN number?
Tri Continental Closed Fund's international securities identification number is: US8954361031 What is Tri Continental Closed Fund's CUSIP number?
Tri Continental Closed Fund's Committee on Uniform Securities Identification Procedures number is: 895436103