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This Dividend Fund Is Cheapest in a Decade and Pays 10X More Than Tech Stocks
Investing.com·
The article discusses how the Columbia Seligman Premium Technology Growth (STK) closed-end fund has reached its cheapest valuation in over a decade at a 7.9% discount to net asset value, presenting a buying opportunity. Despite tech sector volatility and profit-taking, the fund offers a 3.7% dividend yield—10 times higher than the Vanguard Information Technology ETF—and has outperformed the S&P 500 over the past five years.
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