MINNEAPOLIS--(BUSINESS WIRE)--
Tri-Continental Corporation (the “Corporation”) (NYSE:TY) today
held its 86th Annual Meeting of Stockholders (the “Meeting”) in
Minneapolis, Minnesota. Stockholders voted in accordance with the
recommendations of the Corporation’s Board of Directors (the “Board”) on
each of the two proposals at the Meeting.
Stockholders elected three Directors at the Meeting. Messrs. William P.
Carmichael and William F. Truscott and Ms. Minor M. Shaw were each
elected as Director for a term that will expire at the Corporation’s
2019 Annual Meeting of Stockholders. Stockholders also ratified the
Board’s selection of PricewaterhouseCoopers LLP as the Corporation’s
independent registered public accounting firm for 2016.
The Corporation is managed by Columbia Management Investment Advisers,
LLC. This material is distributed by Columbia Management Investment
Distributors, Inc., member FINRA.
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 Columbia Management
Investment Services Corp. at 800-345-6611 or visiting www.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.
The net asset value of the Corporation’s shares may not always
correspond to their market price. Shares of closed-end funds frequently
trade at a discount from their net asset value. The Corporation’s share
price may be adversely affected if the market value of its portfolio
securities falls, fails to rise, or fluctuates due to factors affecting
a single issuer, sector of the economy, industry or the market as a
whole.
Columbia Threadneedle Investments is the global brand name of the
Columbia and Threadneedle group of companies.
Investment products are not federally or FDIC-insured, 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. © 2016 Columbia Management Investment Advisers,
LLC. All rights reserved.
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For Tri-Continental Corporation
Shareholders:
Kevin
Howley, 617-385-9517
kevin.howley@columbiathreadneedle.com
or
Media:
Liz
Kennedy, 617-897-9394
liz.kennedy@ampf.com
Source: Tri-Continental Corporation