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How to buy Tri Continental Closed Fund stock

Learn how to easily invest in Tri Continental Closed Fund stock.

Tri Continental Closed Fund is an asset management business based in the US. Tri Continental Closed Fund shares (TY) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Tri Continental Closed Fund

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TY – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Tri Continental Closed Fund stock price (NYSE: TY)

Use our graph to track the performance of TY stocks over time.

Tri Continental Closed Fund shares at a glance

Information last updated 2022-09-19.
Latest market close$26.12
52-week range$25.02 - $34.56
50-day moving average $28.02
200-day moving average $29.75
Wall St. target priceN/A
PE ratio 3.2299
Dividend yield $1.405 (4.13%)
Earnings per share (TTM) $8.35

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Tri Continental Closed Fund stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Tri Continental Closed Fund price performance over time

Historical closes compared with the close of $26.12 from 2022-09-23

1 week (2022-09-19) -3.22%
1 month (2022-08-26) -7.80%
3 months (2022-06-24) -3.01%
6 months (2022-03-25) -15.41%
1 year (2021-09-24) -23.33%
2 years (2020-09-25) 2.11%
3 years (2019-09-26) 27.25
5 years (2017-09-25) 3.36%

Is Tri Continental Closed Fund stock undervalued or overvalued?

Valuing Tri Continental Closed Fund stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tri Continental Closed Fund's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tri Continental Closed Fund's P/E ratio

Tri Continental Closed Fund's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Tri Continental Closed Fund shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Tri Continental Closed Fund financials

Revenue TTM $68.6 million
Operating margin TTM 87.09%
Gross profit TTM $64.6 million
Return on assets TTM 2.02%
Return on equity TTM -8.24%
Profit margin -220.01%
Book value $29.78
Market capitalisation $1.5 billion

TTM: trailing 12 months

Tri Continental Closed Fund's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Tri Continental Closed Fund.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Tri Continental Closed Fund's total ESG risk score

Total ESG risk: 29.95

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Tri Continental Closed Fund's overall score of 29.95 (as at 12/31/2018) is excellent – landing it in it in the 8th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Tri Continental Closed Fund is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Tri Continental Closed Fund's environmental score

Environmental score: 11.6/100

Tri Continental Closed Fund's environmental score of 11.6 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Tri Continental Closed Fund is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Tri Continental Closed Fund's social score

Social score: 15.4/100

Tri Continental Closed Fund's social score of 15.4 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Tri Continental Closed Fund is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Tri Continental Closed Fund's governance score

Governance score: 10.39/100

Tri Continental Closed Fund's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Tri Continental Closed Fund is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

Tri Continental Closed Fund was last rated for ESG on: 2019-01-01.

Total ESG score 29.95
Total ESG percentile 8
Environmental score 11.6
Environmental score percentile 8
Social score 15.4
Social score percentile 8
Governance score 10.39
Governance score percentile 8

Tri Continental Closed Fund share dividends

We're not expecting Tri Continental Closed Fund to pay a dividend over the next 12 months.

Tri Continental Closed Fund share price volatility

Over the last 12 months, Tri Continental Closed Fund's shares have ranged in value from as little as $25.017 up to $34.5599. A popular way to gauge a stock's volatility is its "beta".

TY.US volatility(beta: 0.97)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tri Continental Closed Fund's is 0.974. This would suggest that Tri Continental Closed Fund's shares are less volatile than average (for this exchange).

Tri Continental Closed Fund overview

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States. .

Frequently asked questions

What percentage of Tri Continental Closed Fund is owned by insiders or institutions?
Currently 0.004% of Tri Continental Closed Fund shares are held by insiders and 12.347% by institutions.
When does the fiscal year end for Tri Continental Closed Fund?
Tri Continental Closed Fund's fiscal year ends in December.
Where is Tri Continental Closed Fund based?
Tri Continental Closed Fund's address is: 290 Congress Street, Boston, MA, United States, 02210
What is Tri Continental Closed Fund's ISIN number?
Tri Continental Closed Fund's international securities identification number is: US8954361031
What is Tri Continental Closed Fund's CUSIP number?
Tri Continental Closed Fund's Committee on Uniform Securities Identification Procedures number is: 895436103

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