TY
NYSE · Financial Services · Asset Management · US
Tri-Continental Corporation (NYSE:TY) is one of America's oldest closed-end investment funds, tracing its origins back to January 1929, just months before the Great Depression. The company has operated continuously for nearly a century, surviving market crashes, wars, and economic upheavals while maintaining its mission of providing diversified equity exposure to investors. Today, Tri-Continental is managed by Columbia Management Investment Advisers, LLC and focuses primarily on investing in large-capitalization U.S. stocks across various sectors. As a closed-end fund, it trades on the New York Stock Exchange like a regular stock, though its market price can differ from the underlying value of its portfolio holdings.