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STK: High Income And Excellent Growth, But Is It A Buy?

December 18, 2023
Source: seekingalpha.com seekingalpha.com
News Snapshot:
Khanchit Khirisutchalual Last week, we provided an analysis of BlackRock Science and Technology Trust (BST), which you can read here. This article will cover another fund that is similar in nature and its goals but also different in many ways. The fund we are going to cover is Columbia Seligman Premium Technology Growth Fund (NYSE:STK). The fund was incepted in November 2009 as a perpetual equity closed-end fund, or CEF. As per the fund's literature: "the fund targets long-term capital appreciation and current income with a portfolio of technology stocks and an option overlay strategy designed to mitigate downside volatility...
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