- Columbia Seligman Premium Technology Growth Fund targets capital appreciation and current income with a portfolio of technology stocks along with a flexible option overlay strategy to mitigate downside volatility.
- The management team is led by Paul Vick, a highly regarded technology veteran with 33 years of industry experience.
- The fund usually trades at a premium over NAV but is currently available at a small discount.
- The portfolio tends to hold more mature technology companies with real earnings and tends to avoid "hyper-growth" companies with extremely high valuations and no earnings.
- STK has the excellent long-term performance. But it has lagged some of its technology peers recently. This is largely due to the option overlay strategy and avoiding "hyper-growth" stocks with little or no earnings.
For further details see:
STK: This Solid Technology Fund Is Now Available At A Discount