Columbia Seligman Premium Technology Growth Fund (STK)

MENLO PARK, Calif.--(BUSINESS WIRE)--Synthekine Inc., an engineered cytokine therapeutics company, today announced that it has entered into a clinical trial collaboration and supply agreement with Merck (known as MSD outside of the United States and Canada). STK-012, a first-in-class α/β-IL-2 receptor biased partial agonist, will be evaluated in combination with standard of care chemotherapy and Keytruda® (pembrolizumab), Merck's anti-PD-1 (programmed cell death receptor-1) therapy, in the ongo.

Columbia Seligman Premium Technology Growth Fund (NYSE: STK - Get Free Report) shares were up 0.6% on Wednesday. The stock traded as high as $41.06 and last traded at $40.65. Approximately 36,258 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 52,345 shares. The stock had previously closed

BEDFORD, Mass.--(BUSINESS WIRE)--Stoke Therapeutics, Inc. (Nasdaq: STOK), a biotechnology company dedicated to restoring protein expression by harnessing the body's potential with RNA medicine, today announced that the first patient has been dosed in the Phase 1 OSPREY study of STK-002, an investigational medicine for the treatment of Autosomal Dominant Optic Atrophy (ADOA). ADOA is a rare genetic disease that causes progressive and irreversible vision loss in both eyes starting in the first de.

BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a first-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund's initial public offering in November 2009. The first-quarter distribution of $0.4625 per share is equal to a quarterly rate of 1.1577% (4.63% annualized) of the F.

Columbia Seligman Premium Technology Growth Fund remains a strong buy, trading at a rare 3.97% NAV discount despite robust 12-month total returns of 31.7%. STK offers a compelling 6.8% dividend yield, supported by dynamic covered call strategies and exposure to AI-driven technology leaders, including Bloom Energy. Option overlay strategies enhance income and buffer volatility, but heavy tech sector concentration exposes STK to downside if market sentiment shifts.

Columbia Seligman Premium Technology Growth Fund (STK) offers long-term capital appreciation and moderate income via a tech-focused, buy-write strategy with dynamic overwrite exposure. STK has delivered a 15.82% annualized return since inception, outperforming the S&P 500, with a current -4.8% discount to NAV and a forward yield of 4.94%. The fund's rule-based overwrite approach allows for greater upside capture in bull markets, but exposes investors to significant drawdowns during volatility.

BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a fourth quarter distribution, that is beyond its typical quarterly managed distribution, in the total amount of $1.3280 per share of common stock (which includes the Fund's typical quarterly $0.4625 per share distribution). A federal excise tax of 4% applies to funds that do not distribute substantially all of their annual income (including net gains) before the end of their f.

Shutterstock (NYSE: SSTK - Get Free Report) and DHI Group (NYSE: DHX - Get Free Report) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability and earnings. Institutional and Insider Ownership 82.8% of

Columbia Seligman Premium Technology Growth Fund is a core holding for us, delivering strong returns and high, growing distributions via tech stocks and covered calls. STK currently trades at a 4.47% discount to NAV, deeper than historical averages, but appears overbought on technical charts. The fund boasts veteran management, outperformance vs. peers and the S&P 500 over multiple timeframes, and a robust dividend history with special payouts.

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight the ten best CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select 10 CEFs every month from around 500 closed-end funds.

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Columbia Seligman Premium Technology Growth Fund is upgraded to a strong buy, trading at a rare 3.8% discount to NAV. STK offers exposure to top technology growth companies and utilizes a dynamic covered call strategy, delivering a 5.5% yield and impressive long-term returns. While STK lacks downside protection and underperforms tech ETFs in downturns, its income and capital appreciation track record remain strong.

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight the ten best CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select 10 CEFs every month from around 500 closed-end funds.

BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a third-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund's initial public offering in November 2009. The third-quarter distribution of $0.4625 per share is equal to a quarterly rate of 1.4871% (5.95% annualized) of the F.

The Nasdaq has been rallying nonstop since April. Let's discuss three covered call fund payouts up to 11.2% that play the rally.

By now you've no doubt heard the argument that AI is a bubble, and there's no way Big Tech will make a significant profit from it, given the massive amounts of cash they've already piled in.