XTYCX: Tri-Continental Corporation

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XTYCX Tri-Continental Corporation


Profile

XTYCX - Profile

Vitals

  • YTD Return -2.8%
  • 3 Yr Annualized Return 3.4%
  • 5 Yr Annualized Return 3.3%
  • Net Assets $1.64 B
  • Holdings in Top 10 18.0%

52 WEEK LOW AND HIGH

$30.16
$28.76
$32.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.49%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 63.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Closed-end mutual fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return -2.8%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.14%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Tri-Continental Corporation
  • Fund Family Name
    Columbia
  • Inception Date
    Jan 14, 1929
  • Shares Outstanding
    53122805
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Condon

Fund Description

N/A


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Categories

Performance

XTYCX - Performance

Return Ranking - Trailing

Period XTYCX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.8% -15.0% 16.9% 90.32%
1 Yr 1.8% -38.5% 36.2% 70.10%
3 Yr 3.4%* -33.9% 11.4% 12.71%
5 Yr 3.3%* -37.5% 8.0% 5.83%
10 Yr 8.3%* -37.7% 15.7% 3.27%

* Annualized

Return Ranking - Calendar

Period XTYCX Return Category Return Low Category Return High Rank in Category (%)
2019 16.7% -50.4% 46.8% 13.26%
2018 -11.0% -31.8% 19.0% 65.25%
2017 15.3% -44.7% 46.3% 2.15%
2016 10.3% -84.5% 146.1% 4.78%
2015 -5.1% -40.7% 14.6% 36.58%

Total Return Ranking - Trailing

Period XTYCX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.8% -15.0% 16.9% 90.32%
1 Yr 1.8% -38.5% 36.2% 69.88%
3 Yr 3.4%* -33.9% 11.4% 42.76%
5 Yr 3.3%* -37.5% 8.3% 36.81%
10 Yr 8.3%* -37.7% 16.6% 11.21%

* Annualized

Total Return Ranking - Calendar

Period XTYCX Return Category Return Low Category Return High Rank in Category (%)
2019 16.7% -50.4% 46.8% 13.70%
2018 -11.0% -27.4% 19.0% 82.85%
2017 15.3% -44.7% 46.3% 8.23%
2016 10.3% -84.5% 146.1% 12.02%
2015 -5.1% -36.9% 14.6% 71.91%

NAV & Total Return History


Holdings

XTYCX - Holdings

Concentration Analysis

XTYCX Category Low Category High XTYCX % Rank
Net Assets 1.64 B 178 K 161 B 25.90%
Number of Holdings 232 2 13810 45.71%
Net Assets in Top 10 218 M -39.4 M 33.7 B 37.99%
Weighting of Top 10 18.02% 9.4% 100.0% 82.53%

Top 10 Holdings

  1. Alphabet Inc A 2.53%
  2. Preferred Stock 2.31%
  3. Verizon Communications Inc 1.82%
  4. Citigroup Inc 1.73%
  5. Facebook Inc A 1.71%
  6. Cisco Systems Inc 1.68%
  7. Lockheed Martin Corp 1.63%
  8. Microsoft Corp 1.62%
  9. Mastercard Inc A 1.51%
  10. Merck & Co Inc 1.48%

Asset Allocation

Weighting Return Low Return High XTYCX % Rank
Stocks
75.79% -41.01% 78.71% 1.48%
Bonds
14.67% -3.79% 78.41% 95.34%
Convertible Bonds
6.13% -0.84% 52.57% 7.30%
Preferred Stocks
3.46% 0.00% 44.10% 11.64%
Other
0.00% -41.44% 154.72% 83.60%
Cash
-0.05% -102.09% 77.18% 90.16%

Stock Sector Breakdown

Weighting Return Low Return High XTYCX % Rank
Technology
18.67% 0.00% 72.78% 30.32%
Financial Services
16.30% 0.00% 67.69% 51.16%
Healthcare
13.33% 0.00% 61.80% 52.37%
Communication Services
9.13% 0.00% 32.16% 30.98%
Industrials
8.97% 0.00% 99.44% 69.90%
Consumer Defense
8.30% 0.00% 25.21% 27.78%
Consumer Cyclical
7.19% 0.00% 32.07% 71.44%
Utilities
6.65% 0.00% 100.00% 15.66%
Energy
4.96% 0.00% 100.00% 46.20%
Real Estate
4.37% -2.05% 100.00% 45.42%
Basic Materials
2.12% 0.00% 100.00% 74.42%

Stock Geographic Breakdown

Weighting Return Low Return High XTYCX % Rank
US
73.87% -41.02% 77.06% 1.06%
Non US
1.92% -2.63% 32.14% 69.74%

Bond Sector Breakdown

Weighting Return Low Return High XTYCX % Rank
Corporate
96.95% 0.00% 100.00% 1.38%
Cash & Equivalents
3.05% -3.87% 100.00% 89.74%
Derivative
0.00% -3.25% 55.67% 80.21%
Securitized
0.00% 0.00% 58.89% 95.77%
Municipal
0.00% 0.00% 99.77% 88.04%
Government
0.00% -0.45% 93.76% 97.57%

Bond Geographic Breakdown

Weighting Return Low Return High XTYCX % Rank
US
12.48% -5.05% 84.24% 96.19%
Non US
2.19% -12.68% 26.09% 68.99%

Expenses

XTYCX - Expenses

Operational Fees

XTYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.49% 0.02% 18.45% 83.76%
Management Fee 0.42% 0.00% 2.00% 36.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

XTYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

XTYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XTYCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 0.00% 574.00% 62.40%

Distributions

XTYCX - Distributions

Dividend Yield Analysis

XTYCX Category Low Category High XTYCX % Rank
Dividend Yield 0.80% 0.00% 9.78% 7.30%

Dividend Distribution Analysis

XTYCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

XTYCX Category Low Category High XTYCX % Rank
Net Income Ratio 3.14% -4.40% 6.65% 10.63%

Capital Gain Distribution Analysis

XTYCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

XTYCX - Fund Manager Analysis

Managers

Brian Condon


Start Date

Tenure

Tenure Rank

Jul 03, 2010

9.59

9.6%

Brian Condon is the head of quantitative strategies for Columbia Threadneedle Investments. Mr. Condon is also the portfolio manager for the enhanced core and disciplined equity strategies and the lead manager for the firm’s research market neutral product. In addition, he oversees the quantitative research group, responsible for developing and implementing quantitative stock selection models used throughout the firm’s equity products. The quantitative research group also supports portfolio construction and risk budgeting. Prior to these roles, Mr. Condon was a portfolio manager and head of quantitative research since 2003, as well as a senior quantitative analyst on the structured equity and value teams. Condon joined one of the Columbia Threadneedle Investments legacy firms in 1999. Previously, Mr. Condon worked as a portfolio manager and quantitative research analyst at INVESCO Management & Research. Mr. Condon has been a member of the investment community since 1993. He received a B.A. from Bryant University and an M.S. in finance from Bentley University. He is a member of the Boston Security Analysts Society, CFA Institute and the CAIA Association. In addition, he holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations.

David King


Start Date

Tenure

Tenure Rank

Apr 14, 2011

8.81

8.8%

David King is a senior portfolio manager with the Asset Allocation Team at Columbia Threadneedle Investments. Mr. King joined one of the Columbia Threadneedle Investments firms in 2010. Previously, Mr. King was a senior portfolio manager at Putnam Investments. Prior to that, he held various other roles during his 25 years at Putnam, beginning as an equity research analyst and including associate director of equity research. Prior to Putnam, he worked briefly at Drexel Burnham Lambert and Citibank, NA. Mr. King began his career at Manufacturers Hanover Trust (now JPMorgan Chase) in 1978. He has been a member of the investment community since 1983. Mr. King recieved a B.S. in administration, summa cum laude, from the University of New Hampshire and an MBA from Harvard Business School. In addition, he holds the Chartered Financial Analyst designation.

Yan Jin


Start Date

Tenure

Tenure Rank

Mar 02, 2012

7.92

7.9%

Yan Jin is a vice president and senior portfolio manager of income strategies with Columbia Threadneedle Investments. Mr. Jin joined one of the Columbia Threadneedle Investments legacy firms in 2002. Previously, Mr. Jin was employed as assistant vice president and risk analyst for Lincoln Investment Management. He has been a member of the investment community since 1998. Mr. Jin received an M.A. in economics from North Carolina State University.

Peter Albanese


Start Date

Tenure

Tenure Rank

Aug 01, 2014

5.5

5.5%

Mr. Albanese joined Columbia Management Investment Advisers, LLC in August 2014. Prior to joining the firm, Mr. Albanese was a Managing Director and Senior Portfolio Manager at Robeco Investment Management. Mr. Albanese began his investment career in 1991 and earned a B.S. from Stony Brook University and an M.B.A. from the Stern School of Business at New York University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.11 6.65 0.08