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Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Silverstock Metals Inc. (CSE: STK) ("Silverstock" or the "Company") is pleased to announce the appointment of Jonathan Fruchter to the positions of Chief Executive Officer, President and director of the Company. Mr. Fruchter succeeds...
2023-06-26 10:50:35 ET Summary The Gabelli Multimedia fund (GGT) is, right now, the most over-priced technology and multimedia focused CEF in history. The fund has actually lost NAV during one of the great bull markets in technology this year. GGT's NAV started the year at $3.89 a...
Columbia Seligman Premium Technology Growth Fund, Inc. (the “Fund”) (NYSE: STK ) today held its 13 th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders voted in favor of the recommendations of the Fund’s Board of Dire...
2023-06-12 10:14:25 ET Summary If we are, indeed, in a new bull market, what funds look attractive here and are poised to recover? Everyone knows that Artificial Intelligence is the new buzz word, and even if we are NOT in a new bull market, funds that have AI exposure should stil...
2023-06-08 02:10:46 ET Summary For the third month in four, equity CEFs (-1.95%) on average witnessed downside performance, while their fixed income CEF cohorts (-0.66%) posted losses for the first month in three. At month end, 9% of all CEFs traded at a premium to their NAV, with...
2023-05-20 21:36:22 ET Summary STK is a buy-write closed end fund. The vehicle is focused on technology stocks and has a very high correlation to the Nasdaq performance. The fund has rallied over 24% this year as tech has squeezed short sellers. We are now entering overval...
2023-05-18 05:00:17 ET You just can’t argue with the power of index investing, right? After all, index funds boast ultra-low fees and simply track the market. And since stocks return about 7% per year on average, you should do well in the long run. Vanguard, founded back in 1975 ...
Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a second-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering pri...
2023-03-23 05:00:41 ET Once folks get a taste of closed-end funds (CEFs), they typically rave about one thing: the dividends! Yields of 7% and up are common with CEFs, and they often come your way monthly. We also love the fact that even though CEFs are a small corner of the market (wit...
The Board of Directors (the Board) of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) (NYSE: STK ) today announced that the Fund’s 13 th Annual Meeting of Stockholders will be held on June 20, 2023 (the Meeting) in Minneapolis, MN. The close of business on April 1...
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Columbia Seligman Premium Technology Growth Fund, Inc. (the “Fund”) (NYSE: STK ) today held its 14 th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders voted in favor of the recommendations of the Fund’s Board of Dire...
2024-05-27 05:00:51 ET If you’re like me, you read (or watch) a lot of personal-finance gurus. And nearly all of them make one critical error when giving advice to folks hoping to save for retirement (or stay retired, if they’re already there). They put a lot of emphas...
2024-05-20 05:00:00 ET Every now and then here at Contrarian Outlook, we have a “big-dividend shootout”—we pit two big payers against each other and see which one wins out. It’s a great way for us to accomplish two things as investors: 1) Grab the safest high...