Columbia Seligman Premium Technology Growth Fund (STK)

 CEF called the Columbia Seligman Premium Technology Growth Fund (STK).

STK Romps to a Triple-Digit Return

STK's portfolio mainly consists of large-cap tech stocks: Apple (AAPL), chipmaker Broadcom (AVGO) and Microsoft (MSFT) are among its top holdings. The fund boasts a dividend just shy of 7% today.As you can see in the chart above, it's returned hundreds of percent since inception nearly 14 years ago. If we average this out to its CAGR (compound annualized growth rate, or simply the average percent return per year), we see that the fund has delivered an incredible 20% per year on average.Here's the thing, though-most people have no idea of STK's incredible performance! Dial it up on a free stock-screening tool like Google Finance and you get this chart, showing a meager 35% return in nearly a decade and a half!
 Source: Google Finance

Price-Only Return and Total Return-Quite the Difference!

Comments

Post a Comment

Popular posts from this blog

ALB Oversold, US Government need for Lithium, Battery Need, near to indicator

Image
  Albemarle (ALB) is incredibly oversold again. And we’re buyers. For one, the lithium story isn’t cooling.  As noted by S&P Global, “Lithium prices will likely see strong support in 2023, with supply expected to remain tight amid bullish demand from the accelerating adoption of electric vehicles across the globe, though some price correction could be expected, led by a slowdown in the Chinese market.”
Read more