TRI-CONTINENTAL Corp MD false 0000099614 0000099614 2026-03-06 2026-03-06 0000099614 us-gaap:CommonStockMember 2026-03-06 2026-03-06 0000099614 us-gaap:PreferredStockMember 2026-03-06 2026-03-06
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 6, 2026
Tri-Continental Corporation
(Exact name of registrant as specified in its charter)
|
|
|
|
|
| MARYLAND |
|
811-00266 |
|
13-5441850 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S. Employer Identification No.) |
|
|
|
| 290 Congress Street, Boston, Massachusetts |
|
02210 |
| (Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code: 800-345-6611
NOT APPLICABLE
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
|
|
|
|
|
|
|
|
|
|
|
| |
|
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
|
|
|
|
|
|
Common Stock |
|
TY |
|
The New York Stock Exchange |
|
|
|
|
|
|
Preferred Stock |
|
TYPR |
|
The New York Stock Exchange |
|
|
|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
|
|
|
|
| Emerging growth company |
|
☐ |
|
|
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
|
☐ |
SECTION 7 — REGULATION FD
Item 7.01 Regulation FD Disclosure.
Registrant is furnishing as Exhibit 99.1 the attached Press Release dated March 6, 2026 for Tri-Continental Corporation.
SECTION 9 — FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits.
Registrant is furnishing as Exhibit 99.1 the attached Press Release dated March 6, 2026 for Tri-Continental Corporation.
2
Exhibit Index
|
|
|
| Exhibit No. |
|
|
|
|
| 99.1 |
|
Press Release |
|
|
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 6, 2026
|
|
|
| TRI-CONTINENTAL CORPORATION |
|
|
| By: |
|
/s/ Joseph D’Alessandro |
|
|
Joseph D’Alessandro |
|
|
Vice President and Assistant Secretary |
4
|
|
|
| Stockholder contact: |
|
800-345-6611, option 3 |
|
|
| Media contact: |
|
Meghan Shields
meghan.shields@columbiathreadneedle.com
|
TRI-CONTINENTAL CORPORATION
DECLARES FIRST QUARTER DISTRIBUTION
BOSTON, MA, March 6, 2026 - Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today
declared a first quarter ordinary income distribution of $0.2848 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on March 25, 2026 to Common Stockholders of record on March 17,
2026, and dividends on Preferred Stock will be paid on April 1, 2026 to Preferred Stockholders of record on March 17, 2026. The ex-dividend date for both the Common Stock and the Preferred Stock is
March 17, 2026. The $0.2848 per share ordinary income distribution on the Common Stock is in accordance with the Corporation’s distribution policy.
The Corporation has paid dividends on its common stock for 82 consecutive years. The Corporation’s investment manager is Columbia Management Investment
Advisers, LLC, a wholly-owned subsidiary of Ameriprise Financial, Inc.
The Corporation’s distributions on common stock will vary. The
Corporation’s current distributions (as estimated by the Corporation based on current information) are from the earnings and profits of the Corporation. No amount of the Corporation’s current distribution consists of a return of capital
(i.e., a return of some or all of your original investment in the Corporation).
The net asset value of the Corporation’s common shares may not
always correspond to the market price of such shares. Shares of many closed-end funds frequently trade at a discount from their net asset value. An investment in the Corporation is subject to stock market
risk, which is the risk that market prices for the Corporation’s common shares may decline over short or long periods, adversely affecting the value of an investment in the Corporation.
Securities selected for the Corporation using quantitative methods may perform differently from the market as a whole, and there can be no assurance that this
methodology will enable it to achieve its objective. The Corporation’s portfolio investments are subject to market risk, which may affect a single issuer, sector of the economy, industry or the market as a whole. Fixed-income investments,
including convertible securities, are subject to credit risk, interest rate risk, and prepayment and extension risk. These risks may be more pronounced for longer-term securities and high-yield securities (“junk bonds”). In general, bond
prices rise when interest rates fall and vice versa. Convertible securities are subject to both the risks of their security type prior
to conversion as well as their security type after conversion. The Corporation’s use of leverage, including through its preferred stock, exposes it to greater risks due to unanticipated
market movements, which may magnify losses and increase volatility of returns.
You should consider the investment objectives, risks, charges, and
expenses of the Corporation carefully before investing. A prospectus containing information about the Corporation (including its investment objectives, risks, charges, expenses, and other information) may be obtained by contacting your financial
advisor or the Corporation’s transfer agent at 800-345-6611 or visiting columbiathreadneedleus.com. The prospectus can also be found on
the Securities and Exchange Commission’s EDGAR database. The prospectus should be read carefully before investing in the Corporation. There is no guarantee that the Corporation’s investment goals/objectives will be met or that
distributions will be made, and you could lose money.
Tri-Continental Corporation is managed by Columbia
Management Investment Advisers, LLC.
Columbia Threadneedle Investments® is the global brand name
of the Columbia and Threadneedle group of companies.
Past performance does not guarantee future results.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial
institution, and involve investment risks including possible loss of principal and fluctuation in value.
© 2026 Columbia Threadneedle. All rights reserved.
columbiathreadneedleus.com
Adtrax # CTNA7989543.4-
