February 17, 2009

Forex currency trading – Tri-Continental has had little or no representation in bank and insurance issues.

A wholly owned subsidiary, Tri-Continental Financial Corporation, with assets of 4 to 5 per cent of the total assets of the parent corporation, functions to invest in special situations. While portfolio turnover is relatively low, changes in policy and in market fluctuations have resulted in some interesting variations in the ten largest holdings of common stocks as listed on the next page.Seven stocks in the first ten in 1956 are not included in the tabulation of values at the end of 1960. Tri-Continental has been more successful than some other investment companies in building up investment income per share over the years, aided by the excellent dividend record of public utility companies, in which its holdings have been large. The broad diversification policy and good dividend record probably account for the fact that the common stock has continued to be among the first ten stocks used by investors in the Monthly Investment Plan (MIP) of member firms of the New York Stock Exchange. Tri-Continental follows a different dividend policy than most other investment companies.

Forex currency trading – Tri-Continental has had little or no representation in bank and insurance issues.

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