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home / news releases / STK - STK: Outperforming The Nasdaq

STK - STK: Outperforming The Nasdaq

Columbia Seligman Premium Technology Growth Fund Inc

2023-03-07 03:29:27 ET

Summary

  • Columbia Seligman Premium Technology Growth Fund is an equity "buy-write" closed-end fund.
  • The vehicle is long a portfolio of technology-related companies and writes call options on the Nasdaq 100.
  • The CEF employs a dynamic call writing strategy that is dependent on VIX levels.
  • STK has outperformed the Nasdaq this year, being up +19% year to date.
  • The fund is now trading at the top end of its historic premium range.

For further details see:

STK: Outperforming The Nasdaq
Stock Information
Company Name: Columbia Seligman Premium Technology Growth Fund Inc
Stock Symbol: STK
Market: NYSE
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