5.6% Yield & Growth On Big Cap Tech Selling At Low Premium

This security is a CEF focused on growth and income from big cap tech. It's selling at a lower premium than its 3- and 5-year averages. This article covers its holdings, current and historic NAV valuations, distributions, historical returns, and performance vs. peers.

The Columbia Seligman Premium Technology Growth Fund (STK) investment program consists primarily of investing in a portfolio of equity securities of technology and technology-related companies as well as writing call options on the NASDAQ 100 Index or its exchange-traded ETF fund equivalent on a month-to-month basis. STK has a "rules-based" options strategy which allows the fund to increase its % of covered calls, as market volatility increases.

Source: Seeking Alpha

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