STK: A High-Yielding Technology CEF That Is Also Overpriced [Seeking Alpha]
Columbia Seligman Premium Technology Growth Fund Inc (STK)
US:NYSE Investor Relations:
columbiathreadneedleus.com/investment-products/closed-end-funds
Company Research
Source: Seeking Alpha
Summary STK is one of the few CEFs focused on the technology sector. The fund is fairly well diversified and only has limited exposure to the five technology giants, which may give it more room to run than a passive ETF. The fund has underperformed passively-managed options, but admittedly the difference is not especially huge. The fund boasts a very nice 7% distribution yield, but the price is also a bit high relative to NAV. It is a judgment call whether you want to put this in your portfolio or not. The technology sector is not generally one that is favored by investors seeking an income. This makes sense as most of the companies in the sector do not even pay a dividend and even those that do have a very low yield. Fortunately, there are some closed-end funds that address this problem, but even these are a very rare breed. One of the few funds that does invest in the technology sector is the Columbia Seligman Premium Technology Growth Fund (NYSE: last time About The Fund According
Show less
Read more
Impact Snapshot
Event Time:
STK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STK alerts
High impacting Columbia Seligman Premium Technology Growth Fund Inc news events
Weekly update
A roundup of the hottest topics
STK
Sec Filings
- 11/13/24 - Form N-2/A
- 11/8/24 - Form 8-K
- 10/30/24 - Form N-2/A
- STK's page on the SEC website