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 $34.03 – an increase of 1.28% over the previous week.
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| Latest market close | $34.03 |
|---|---|
| 52-week range | $26.26 - $34.36 |
| 50-day moving average | $33.18 |
| 200-day moving average | $31.27 |
| Wall St. target price | N/A |
| PE ratio | 6.2528 |
| Dividend yield | $1.084 (3.31%) |
| Earnings per share (TTM) | $5.42 |
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.
Historical closes compared with the close of $33.89 from 2024-11-22
| 1 week (2024-11-19) | 0.86% |
|---|---|
| 1 month (2024-10-25) | 2.39% |
| 3 months (2024-08-26) | 5.51% |
| 6 months (2024-05-24) | 10.03% |
| 1 year (2023-11-24) | 22.61% |
|---|---|
| 2 years (2022-11-25) | 33.67% |
| 3 years (2021-11-26) | 9.23% |
| 5 years (2019-11-26) | 46.33% |
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 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.
| 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 | $1.8 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Tri Continental Closed Fund.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 29.95
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Tri Continental Closed Fund's overall score of 29.95 (as at 12/31/2018) is excellent – landing it in it in the 8th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Tri Continental Closed Fund is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 11.6/100
Tri Continental Closed Fund's environmental score of 11.6 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Tri Continental Closed Fund is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 15.4/100
Tri Continental Closed Fund's social score of 15.4 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Tri Continental Closed Fund is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 10.39/100
Tri Continental Closed Fund's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Tri Continental Closed Fund is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Tri Continental Closed Fund was last rated for ESG on: 2019-01-01.
| Total ESG score | 29.95 |
|---|---|
| Total ESG percentile | 8 |
| Environmental score | 11.6 |
| Environmental score percentile | 8 |
| Social score | 15.4 |
| Social score percentile | 8 |
| Governance score | 10.39 |
| Governance score percentile | 8 |
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").
Over the last 12 months, Tri Continental Closed Fund's shares have ranged in value from as little as $26.2644 up to $34.355. 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 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. .
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