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Upturn AI SWOT - About
Tri Continental Closed Fund (TY)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: TY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
1 Year Target Price $
1 Year Target Price $
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.64B USD | Price to earnings Ratio 5.08 | 1Y Target Price - |
Price to earnings Ratio 5.08 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.9 | 52 Weeks Range 26.54 - 34.82 | Updated Date 06/29/2025 |
52 Weeks Range 26.54 - 34.82 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 3.62% | Basic EPS (TTM) 6.21 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 471.08% | Operating Margin (TTM) 87.17% |
Management Effectiveness
Return on Assets (TTM) 2.03% | Return on Equity (TTM) 17.57% |
Valuation
Trailing PE 5.08 | Forward PE - | Enterprise Value 1674601728 | Price to Sales(TTM) 24.08 |
Enterprise Value 1674601728 | Price to Sales(TTM) 24.08 | ||
Enterprise Value to Revenue 5.21 | Enterprise Value to EBITDA - | Shares Outstanding 51961100 | Shares Floating - |
Shares Outstanding 51961100 | Shares Floating - | ||
Percent Insiders 0.03 | Percent Institutions 13.01 |
Analyst Ratings
Rating 5 | Target Price - | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Tri Continental Closed Fund
Company Overview
History and Background
Tri-Continental Corporation, established in 1930, is one of the oldest closed-end investment companies in the United States. It aims to provide long-term capital appreciation, consistent with prudent investment management.
Core Business Areas
- Investment Management: The fund's core business is investing in a diversified portfolio of common stocks of well-established companies.
Leadership and Structure
The fund is managed by Columbia Management Investment Advisers, LLC. The structure consists of a board of directors overseeing the fund's investment objectives and policies.
Top Products and Market Share
Key Offerings
- Common Stock Portfolio: Tri-Continental focuses on investing in common stocks. The market share of TCX within the entire investment fund market is relatively small and hard to specifically define, but as an actively managed fund, it competes with many other funds seeking capital appreciation. Competitors are other closed-end funds and ETFs targeting capital appreciation such as BlackRock Enhanced Equity Dividend Trust (BDJ) and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY).
Market Dynamics
Industry Overview
The investment management industry is highly competitive, with numerous firms offering various investment products. The industry is influenced by economic conditions, market volatility, and investor sentiment.
Positioning
Tri-Continental aims to provide long-term capital appreciation through a diversified portfolio. Its competitive advantage lies in its long history and experienced management team.
Total Addressable Market (TAM)
The global asset management market is estimated at hundreds of trillions of dollars. TCX is positioned within the equity portion of this market.
Upturn SWOT Analysis
Strengths
- Long-standing history and reputation
- Experienced management team
- Diversified portfolio
- Consistent dividend payouts
Weaknesses
- Relatively high expense ratio compared to ETFs
- Closed-end fund structure can lead to trading at a discount or premium to NAV
Opportunities
- Growing demand for income-generating investments
- Expansion into new asset classes
- Increased marketing and investor education
Threats
- Market volatility
- Rising interest rates
- Increased competition from passive investment strategies
- Economic downturns
Competitors and Market Share
Key Competitors
- BDJ
- ETY
- DNP
- USA
Competitive Landscape
TCX's competitive advantage is its long history. Disadvantages include higher expense ratios compared to passive funds. It competes with other closed-end funds and ETFs for investor capital.
Growth Trajectory and Initiatives
Historical Growth: Historical growth depends on market conditions and investment decisions. Please refer to TCX's official reports for data.
Future Projections: Future growth projections depend on analyst estimates.
Recent Initiatives: Recent initiatives would be found in press releases and financial reports.
Summary
Tri-Continental is a well-established closed-end fund with a long history. Its strengths lie in its experienced management and diversified portfolio, but its higher expense ratio and closed-end structure pose challenges. Future growth will depend on market conditions and the fund's ability to generate returns competitive with lower-cost investment options. The fund needs to carefully manage its expense ratio and communicate its value proposition to investors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Financial News Outlets
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data is dynamic and subject to change. Investors should consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tri Continental Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 1983-04-06 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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