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March 28, 2015 8:25 PM ET

Capital Markets

Company Overview of Tri-Continental Corporation

Company Overview

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.

225 Franklin Street

Boston, MA 02110

United States

Founded in 1929





Key Executives for Tri-Continental Corporation

Age: 50
Chief Financial Officer and Treasurer
Age: 45
Chief Accounting Officer and Vice President
Age: 46
Chief Legal Officer, Senior Vice President and Assistant Secretary
Age: 55
Senior Vice President and Director
Age: 54
Compensation as of Fiscal Year 2014.

Tri-Continental Corporation Key Developments

Tri-Continental Corporation Declares First Quarter Distribution of Common Stock and on Preferred Stock, Payable on March 24, 2015 and April 1, 2015, Respectively

Tri-Continental Corporation declared a first quarter distribution of $0.2050 per share of common stock and $0.6250 per share of preferred stock. Dividends on common stock will be paid on March 24, 2015 to common stockholders of record on March 16, 2015 and dividends on preferred stock will be paid on April 1, 2015 to preferred stockholders of record on March 16, 2015. The ex-dividend date for both the common stock and the preferred stock is March 12, 2015. The $0.2050 per share dividend on the common stock is in accordance with the corporation's earned distribution policy.

Tri-Continental Corporation Announces Board Changes

The members of the Board of Tri-Continental Corporation announced their consideration and unanimous election of William A. Hawkins to the Corporation's Board of Directors, filling a seat vacated by Stephen R. Lewis, Jr., since his retirement from the Board on January 1, 2015. In addition to his duties as a director, Mr. Hawkins will also serve on the Board's Audit Committee, Compliance Committee, Executive Committee, and Investment Review Committee. Mr. Hawkins also serves on the board of directors/trustees of other Columbia funds, including one other closed-end fund and certain open-end funds.

Tri-Continental Corporation Declares Fourth Quarter Distribution on Common and Preferred Stock, Payable on December 23, 2014 and January 2, 2015 Respectively

Tri-Continental Corporation declared a fourth quarter distribution of $0.2005 per share of Common Stock and $0.6250 per share of Preferred Stock. Dividends on Common Stock will be paid on December 23, 2014 to Common Stockholders of record on December 15, 2014 and dividends on Preferred Stock will be paid on January 2, 2015 to Preferred Stockholders of record on December 15, 2014. The ex-dividend date for both the Common Stock and the Preferred Stock is December 11, 2014. The $0.2005 per share dividend on the Common Stock is in accordance with the Corporation's earned distribution policy.

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