Tri-Continental Corporation (TY)

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Tri-Continental Corporation (TY) is up 9.2% since the beginning of the year. At $35 per share, TY is trading just below its 52-week high of $36. Investors who bought $1,000 worth of TY shares 5 years ago would now be looking at an investment worth $1,682.

Tri-Continental Corporation (TY) has returned 9.21% so far this year and 26.77% over the past 12 months. Over the last decade, TY has posted an annualized return of 14.34%, slightly higher than the S&P 500 Index benchmark’s 13.75%.

Based on dividend-adjusted daily data since Apr 6, 1983, TY's average daily return is +0.03%, while the average monthly return is +0.62%. At this rate, an investment would double in approximately 9.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jul 2009 with a return of +15.8%, while the worst month was Oct 1987 at -21.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, TY closed higher 48% of trading days. The best single day was Oct 13, 2008 with a return of +13.1%, while the worst single day was Jan 26, 1984 at -14.7%.

Tri-Continental Corporation has an annualized alpha of -0.83%, beta of 0.80, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since April 07, 1983.

• This stock participated in 97.75% of S&P 500 Index downside but only 83.23% of its upside - more exposed to losses than it benefited from rallies.

TY ranks 93 for risk / return — in the top 93% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Tri-Continental Corporation (TY) and compare them to S&P 500 Index.

Tri-Continental Corporation provided a 11.08% dividend yield over the last twelve months, with an annual payout of $3.92 per share. The company has been increasing its dividends for 2 consecutive years.

The table displays the monthly dividend distributions for Tri-Continental Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Tri-Continental Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Tri-Continental Corporation was 67.71%, occurring on Mar 9, 2009. Recovery took 1163 trading sessions.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Tri-Continental Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Tri-Continental Corporation is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.