Future Scholar 529 College Savings Plan - MFS Value 529 Portfolio Stock Price, News & Analysis

Ameriprise Financial reported Q2 2022 adjusted operating earnings per diluted share of $5.81, a 10% increase from $5.27 in Q2 2021, alongside a GAAP net income of $6.61 per diluted share, marking a 35% rise year-over-year. The company experienced a 3% increase in adjusted operating net revenue, totaling $3.5 billion, despite market challenges. Assets under management stand at $1.2 trillion. Capital returns to shareholders remain robust, with plans to return 90% of operating earnings this year. Notably, the integration of the BMO EMEA acquisition is progressing as expected.

Tri-Continental Corporation (NYSE: TY) held its 92^nd Annual Meeting of Stockholders in Minneapolis, Minnesota. Stockholders elected Directors Douglas A. Hacker and Daniel J. Beckman, and re-elected Minor M. Shaw and Sandra L. Yeager, all serving until the 2025 Annual Meeting. Additionally, they ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2022. The Corporation is managed by Columbia Management Investment Advisers, LLC, and potential investors are urged to review the investment objectives, risks, and expenses associated with the Corporation.

Columbia Seligman Premium Technology Growth Fund (NYSE: STK) conducted its 12th Annual Meeting of Stockholders in Minneapolis, where stockholders voted positively on all proposals. Directors Douglas A. Hacker and Daniel J. Beckman were elected, with Minor M. Shaw and Sandra L. Yeager re-elected, all serving until the 2025 Annual Meeting. Additionally, stockholders ratified PricewaterhouseCoopers LLP as the independent public accounting firm for 2022. Investors are reminded to review the Fund's investment objectives, risks, and expenses carefully before investing.

Tri-Continental Corporation (NYSE: TY) announced a second quarter ordinary income distribution of $0.2782 per share for Common Stock and $0.6250 for Preferred Stock, along with a capital gain distribution of $0.5289 per common share. Distributions will be paid on June 22, 2022, with an ex-dividend date of June 10, 2022. The company has consistently paid dividends for 78 years. The investment manager is Columbia Management Investment Advisers, LLC, a subsidiary of Ameriprise Financial, Inc. (NYSE: AMP).

Columbia Seligman Premium Technology Growth Fund (NYSE: STK) has declared a second-quarter distribution of $0.4625 per share, yielding 2.3125% quarterly (9.25% annualized) based on its $20.00 IPO price. As of April 30, 2022, this distribution amounts to 1.6401% (6.56% annualized) of its market price of $28.20. Payment is scheduled for May 24, 2022, with an ex-dividend date of May 13, 2022. The distribution comprises 100% net realized long-term capital gains. Since its inception, the Fund has had an average annual return of 14.60%

Columbia Threadneedle Investments has announced its seventh consecutive year as the title sponsor of the Boston Triathlon, taking place on July 23-24, 2022. As a premier global asset manager, Columbia Threadneedle aims to foster community engagement through the event, which includes various triathlon competitions for all ages. The firm is also partnering with Boston Medical Center as the official charity, focusing on initiatives to address health equity. Columbia Threadneedle manages $699 billion in assets across different markets.

Ameriprise Financial reported Q1 2022 results with GAAP net income of $761 million and an adjusted operating EPS of $5.98, up 10% year-over-year. The company announced an 11% dividend increase to $1.25, marking its 18th increase since going public. Assets under management rose 17% to $1.3 trillion, with net inflows exceeding $10 billion in Wealth Management. However, the Retirement & Protection Solutions segment showed a 25% sales decline. The overall adjusted operating earnings increased by 5% to $695 million, reflecting strong performance despite market volatility.