STK News and Press, Columbia Seligman Premium Technology Growth Fund Inc From 12/20/22

Summary STK is a technology focused buy-write CEF. The fund is overweight semiconductor and software equities. The CEF exhibits a total return almost identical to the one posted by QQQ in 2022 when adjusting for the CEF premium. An investor can think of STK as a method of utiliz...

Summary The Columbia Seligman Premium Technology Growth Fund and Global X NASDAQ 100 Covered Call ETF both write call options on the NASDAQ 100 Index. QYLD showed up on our radar because its yields have surged to 15%+. QYLD’s current yield is not only more than 2x higher than...

Summary 0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares. Author's note: This article was released to CEF/ETF Income Laboratory members on October 18th, 2022. Plea...

Summary For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the...

Summary Columbia Seligman Premium Technology Growth Fund (STK) is an equity "buy-write" closed-end fund focused on technology stocks. During the height of the summer bear market rally, we wrote an article where we detailed why we were assigning a Sell rating to this CEF. Our v...

Summary 20 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. OPP rights offering announced. Aberdeen (now "abrdn") and Delaware CEFs are merging, subject to shareholder approval. Author's note: This article was released to CEF/...

CEF discounts have narrowed from our previous update but are still sitting wider than at the end of 2021. So far, discounts have bottomed out with the market on June 16th, 2022, which has so far been the market low for 2022. 2022 remains a volatile year but has also presented quit...

I’m always shocked when dividend investors ignore tech stocks. Which means I’m shocked a lot, because pretty well all income-seekers do it! That’s because most folks still think of technology as the home of profitless startups, crumbling crypto platforms or zero-div...

STK is an equity "buy-write" closed-end fund. The CEF is heavily Technology focused, being overweight Semiconductor and Tech Hardware Storage stocks. The fund has stellar long-term results, with a 10-year lookback average total annual returns exceeding 16%. However, the fund i...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad marke...