TY Stock — Tri Continental Closed Fund

Tri Continental Closed Fund (TY)

TY is a low-cost Stock. As of August 19, 2026, its distribution rate is 3.09%, its trailing-12-month yield is 4.68%. Dividend Vision Distribution Safety Score™ is 81/100 (Safe). Its deepest 1-year drawdown was 10.1%.

At the current 3.09% distribution rate, a $10,000 investment would generate approximately $309 per year, or $25.75 per month on an equivalent basis. Actual quarterly payments vary.

Tri-Continental Corporation is a closed-end equity mutual fund that invests primarily in large-cap U.S. stocks across diversified sectors, benchmarking its portfolio against the S&P 500 Index. The fund distributes quarterly with a current distribution rate in the moderate range. This fund appeals to income-focused investors seeking regular quarterly payouts from a diversified portfolio of established U.S. companies.

TY performance

Data as of August 19, 2026.

Its deepest 1-year drawdown was 10.1%.

TY key facts

Data as of August 19, 2026.

Distribution Safety Score™

81 · Safe

Safety-Adjusted Yield

2.50%

Asset type

Stock

Asset class

Equity

Inception date

03/17/1980

Distribution rate

3.09%

Distribution frequency

Quarterly

Trailing yield

4.68%

5-year average yield

3.63

Last close

$35.23

Market cap

$1,889,785,088

Average volume

21712.0

Last dividend

$0.8290

Ex-dividend date

06/16/2026

Payment date

06/25/2026

Beta

0.852

Payout ratio

1.1379

P/E ratio

7.2301

Forward P/E

0.0

EPS

$4.91

How Dividend Vision calculates yield and returns

Distribution rate (3.09%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.68%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TY risks and drawbacks

TY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 10.1%.

Who may consider TY — and who may not

TY may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (TY pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions