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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 3, 2024
Tri-Continental Corporation
(Exact name of registrant as specified in its charter)
Maryland 811-00266 13-5441850
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
290 Congress Street 02210
,
Boston
,
Massachusetts
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
800
-
345-6611
NOT APPLICABLE
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (
see
General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Name of each exchange
Symbol(s) on which registered
Common Stock TY The New York Stock Exchange
Preferred Stock TYPR The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 ((s)230.405 of this chapter)
or Rule
12b-2
of the Securities Exchange Act of 1934
((s)240.12b-2
of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new
or revised financial accounting standards provided pursuant to Section 13(a)
of the Exchange Act.
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SECTION 7 - REGULATION FD
Item 7.01 Regulation FD Disclosure.
Registrant is furnishing as Exhibit 99.1 the attached Press Release dated
September 3, 2024 for
Tri-Continental
Corporation.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits.
Registrant is furnishing as Exhibit 99.1 the attached Press Release dated
September 3, 2024 for
Tri-Continental
Corporation.
2
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Exhibit Index
Exhibit
No.
99.1 Press Release
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
3
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 3, 2024
TRI-CONTINENTAL
CORPORATION
By: /s/ Joseph D'Alessandro
Joseph D'Alessandro
Assistant Secretary
4
Stockholder contact: 800-345-6611,
option 3
Media contact: Lisa Feuerbach
617-897-9344
lisa.feuerbach@columbiathreadneedle.com
TRI-CONTINENTAL
CORPORATION
DECLARES THIRD QUARTER DISTRIBUTION
BOSTON, MA, September 3, 2024 -
Tri-Continental
Corporation (the "Corporation") (NYSE:
TY
) todaydeclared a third quarter ordinary income distribution of $0.2914 per
share of Common Stock and $0.6250 per share of Preferred Stock. Distributions
on Common Stock will be paid on September 23, 2024 to Common Stockholders of
record onSeptember 13, 2024, and dividends on Preferred Stock will be paid on
October 1, 2024 to Preferred Stockholders of record on September 13, 2024. The
ex-dividend
date for both the Common Stock andthe Preferred Stock is September 13, 2024.
The $0.2914 per share ordinary income distribution on the Common Stock is in
accordance with the Corporation's distribution policy.
The Corporation has paid dividends on its common stock for 80 consecutive
years. The Corporation's investment manager is Columbia Management
InvestmentAdvisers, LLC, a wholly-owned subsidiary of Ameriprise Financial,
Inc.
The Corporation's distributions on common stock will vary. TheCorporation's
current distributions (as estimated by the Corporation based on current
information) are from the earnings and profits of the Corporation. No amount
of the Corporation's current distribution consists of a return of
capital(i.e., a return of some or all of your original investment in the
Corporation).
The net asset value of the Corporation's common shares may notalways
correspond to the market price of such shares. Shares of many
closed-end
funds frequently trade at a discount from their net asset value. An investment
in the Corporation is subject to stock marketrisk, which is the risk that
market prices for the Corporation's common shares may decline over short or
long periods, adversely affecting the value of an investment in the
Corporation.
Securities selected for the Corporation using quantitative methods may perform
differently from the market as a whole, and there can be no assurance that
thismethodology will enable it to achieve its objective. The Corporation's
portfolio investments are subject to market risk, which may affect a single
issuer, sector of the economy, industry or the market as a whole. Fixed-income
investments,including convertible securities, are subject to credit risk,
interest rate risk, and prepayment and extension risk. These risks may be more
pronounced for longer-term securities and high-yield securities ("junk
bonds"). In general, bondprices rise when interest rates fall and
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vice versa. Convertible securities are subject to both the risks of their
security type prior to conversion as well as their security type after
conversion. The Corporation's use ofleverage, including through its preferred
stock, exposes it to greater risks due to unanticipated market movements,
which may magnify losses and increase volatility of returns.
You should consider the investment objectives, risks, charges, and expenses of
the Corporation carefully before investing. A prospectus containinginformation
about the Corporation (including its investment objectives, risks, charges,
expenses, and other information) may be obtained by contacting your financial
advisor or Columbia Management Investment Services Corp. at
800-345-6611.
The prospectus can also be found on the Securities and Exchange Commission's
EDGAR database. The prospectus should be read carefully before investing in
theCorporation. There is no guarantee that the Corporation's investment
goals/objectives will be met or that distributions will be made, and you could
lose money.
Tri-Continental
Corporation is managed by Columbia Management Investment Advisers, LLC.
Columbia Threadneedle Investments is the global brand name of the Columbia and
Threadneedle group of companies.
Past performance does not guarantee future results.
Investment products are not insured by the FDIC, NCUA or any federal agency,
are not deposits or obligations of, or guaranteed by any financial
institution,and involve investment risks including possible loss of principal
and fluctuation in value.
(c)
2024 Columbia Management Investment Advisers, LLC. All rights reserved.
columbiathreadneedleus.com
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