Columbia Seligman Premium Technology Growth Fund

Columbia Seligman Premium Technology Growth Fund is a closed-ended equity mutual fund that invests in public equity markets, specifically focusing on the technology sector. The fund primarily targets growth stocks of companies that exhibit strong growth prospects, attractive valuations, and the potential to deliver solid investment returns over time. It is managed by Columbia Management Investment Advisers, LLC and uses fundamental analysis to build its portfolio. The fund's performance is benchmarked against the S&P North American Technology Sector Index, providing a clear reference for its investment strategy.

Columbia Seligman Premium Technology Growth Fund is listed on the New York Stock Exchange (NYSE) under the ticker symbol STK. The fund trades in US Dollars (USD), which is the standard currency for securities listed on US exchanges. Being listed on the NYSE provides investors with liquidity and access to one of the world's largest and most regulated stock markets.

Columbia Seligman Premium Technology Growth Fund operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management fund, its primary business is to pool capital from investors and invest it in a diversified portfolio of technology stocks. The fund's focus on the technology sector means it invests in companies involved in areas such as software, hardware, semiconductors, and other tech-related fields, aiming to generate capital appreciation for its shareholders.

Columbia Seligman Premium Technology Growth Fund is domiciled in the United States and is part of the US region. The fund was formed on November 30, 2009, and was formerly known as Seligman Premium Technology Growth Fund, Inc. It is managed by Columbia Management Investment Advisers, LLC, which is based in the United States. The fund primarily serves investors in the US market, though it may attract international investors interested in US-listed technology stocks. Its investments are focused on the US public equity markets, particularly in the technology sector.

Columbia Seligman Premium Technology Growth Fund generates returns by investing in a portfolio of growth-oriented technology stocks. The fund employs fundamental analysis to select companies with strong growth prospects, attractive valuations, and the potential for solid long-term returns. It benchmarks its performance against the S&P North American Technology Sector Index. As a closed-ended fund, it raises capital through an initial public offering and then trades on the NYSE like a stock. Returns come from capital appreciation of the underlying stocks and possibly dividends paid by the portfolio companies. The fund's management team actively manages the portfolio to optimize performance.