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Tri-Continental Corporation Fact Sheet (NYSE: TY)
PORTFOLIO MANAGEMENT

Portfolio Manager: Gina K. Mourtzinou, Ph. D
Portfolio Manager: Brian M. Condon

Current Corporation Returns



Fact Sheet
Prospectus
Statement of Additional Information
Stockholder Report
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FUND OBJECTIVE
Tri-Continental Corporation invests to produce future growth of both capital and income, while providing reasonable current income.
 
 
DISTRIBUTION POLICY
The Corporation has an earned distribution policy, meaning that the Corporation intends to make distributions to Common Stockholders that are approximately equal to all distributions received by the Corporation from its underlying portfolio investments, less the Corporation’s expenses and dividends payable on the Corporation’s Preferred Stock. Distributions will vary and are subject to change.
 
 
TOP EQUITY HOLDINGS5
As of March 31, 2010
Represents 37.02% of net assets
Apple
Chevron
Pfizer
AT&T
Johnson & Johnson
Home Depot
ConocoPhillips
Bank of America
General Electric
Merck & Co.

 
 
PER SHARE CHARACTERISTICS
as of March 31, 2010
Net Asset Value7 $14.53
Market Price7 $12.27
Premium/(Discount) (15.55)%
Net Realized Capital Loss 6 $(11.36)
Net Unrealized Capital Loss 4 $(0.31)
 
FUND FACTS1
as of March 31, 2010
Inception 1929
NYSE Symbol TY
Weighted Average Market Cap $80.36 billion
NAV Symbol XTYCX
Weighted Average Price/Earnings Ratio (2010)2 15.92
Weighted Average Price/Book Ratio (2010)3 1.89
Net Investment Assets $1.03 billion

 
 
HOLDINGS BY SECTOR
as of March 31, 2010
  Tri-Continental Corporation S&P 500
Consumer Discretionary 10.68% 10.11%
Consumer Staples 5.26 11.26
Energy 15.39 10.88
Financials 18.54 16.50
Health Care 15.87 12.15
Industrials 9.15 10.50
Information Technology 13.84 18.87
Materials 3.74 3.48
Telecommunication Services 5.08 2.81
Utilities 1.97 3.44
Cash 0.28 0.00
Other 0.19 0.00
 
INVESTMENT RETURNS
Total returns for the periods ended March 31, 2010
  Average Annual
  One Month* Year-to-Date* One Year Three Years Five Years 10 Years
TY Net Asset Value 7.06% 6.21% 51.71% -10.07% -1.69% -2.61%
TY Market Price 7.45 6.90 48.20 -11.40 -1.67 -1.82
S&P 500 Index 6.03 5.39 49.77 -4.16 1.92 -0.65
Lipper Large-Cap Core Funds Index 4.83 10.92 -12.83 8.29 6.63 16.58
 
* Not annualized.
 
 
IMPORTANT PERFORMANCE INFORMATION
Performance data quoted herein represents past performance. Past performance does not guarantee or indicate future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Total returns for the Fund as of the most recent month-end will be made available at www.tricontinental.com by the seventh business day following that month-end.

The Net Asset Value and Market Price investment results assume the reinvestment of all distributions, if any. The S&P 500 Index and the Lipper Large-Cap Core Funds Index are unmanaged benchmarks that assume the reinvestment of all distributions, if any, and exclude the effect of fees, taxes, and sales charges. The S&P 500 Index also excludes the effect of expenses. Investors cannot invest directly in an index.
 
 
ANNUAL EXPENSES (as a percentage of net assets attributable to Common Stock)
Total Annual Expenses

*As of the prospectus dated 5/01/10

 0.85%*
 
 
A WORD ABOUT RISK
The net asset value of shares may not always correspond to the market price of such shares. Shares of many closed-end funds frequently trade at a discount from their net asset value. Tri-Continental Corporation is subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in the Fund.

FOR MORE INFORMATION
Investors should consider the investment objectives, risks, charges, and expenses of the Corporation carefully before investing. A prospectus containing information about the Fund (including its investment objectives, risks, charges, expenses, and other information about the Fund) may be obtained by contacting your financial advisor or by clicking here. The prospectus should be read carefully before investing in the Fund. For more information, please call 1-800-221-2450 or click here.

FOOTNOTES
1 Calculations are based upon information provided by FactSet as of 3/31/10 for the securities held by the Corporation.

2 Price/Earnings Ratio is the “multiple” of earnings at which a stock sells, determined by dividing current stock price by estimated earnings per share, adjusted for stock splits. A higher “multiple” indicates investors have greater expectations for future growth. The weighted average is the mean of the price/earnings ratios of all securities held in Tri-Continental’s portfolio, weighted by the percent of equity.

3 Price/Book Ratio is the comparison of a stock’s market value to the value of total assets less total liabilities (book value), determined by dividing current stock price by common stockholder equity per share, adjusted for stock splits. The weighted average is the mean of the price/book ratios of all securities held in Tri-Continental’s portfolio, weighted by the percent of equity.

4 Amount shown is based on the Fund’s accounting records and may not reflect certain tax adjustments.Represents net unrealized gains or losses as of March 31, 2010. Actual gains or losses that may be realized in the future may be different than this amount due to market fluctuation and the timing of any sales of portfolio securities.

5 Top equity holdings are shown as a percentage of total net assets. The Corporation is actively managed, and its holdings are subject to change. There can be no assurance that the securities listed above will remain in the Corporation’s portfolio. Holdings should not be con- strued as a recommendation to buy or sell any security, an indication that any security is suitable for a particular investor or that any of the securities listed were or will be profitable. Portfolio holdings information is available at www.tricontinental.com.

6 Amount shown does not reflect certain tax adjustments. It represents accumulated net losses on portfolio transactions through March 31, 2010.

7 Amount shown is based on the Fund’s accounting records and may not reflect certain tax adjustments. Represents net unrealized gains or losses as of March 31, 2010. Actual gains or losses that may be realized in the future may be different than this amount due to market fluctuation and the timing of any sales of portfolio securities.
NOT FDIC INSURED . MAY LOSE VALUE . NOT BANK GUARANTEED

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This information is for use with concurrent or prior delivery of the offering prospectus of the Corporation. Investors should consider the investment objectives, risks, charges and expenses of the Corporation carefully before investing. The prospectus, which contains information about these factors and other information about the Corporation, should be read carefully before investing in the Corporation. You can obtain the Corporation’s prospectus and stockholder reports by clicking on the respective links. These reports and other information are also available on the Securities and Exchange Commission’s EDGAR Database.

Not FDIC Insured/No Bank Guarantee/May Lose Value

Tri-Continental is managed by Columbia Management Investment Advisers, LLC (formerly known as RiverSource Investments, LLC). This material is distributed by Columbia Management Investment Distributors, Inc. (formerly known as RiverSource Fund Distributors, Inc.), member FINRA.


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Past performance is not indicative of future results, and there can be no guarantee as to the accuracy of market forecasts. Opinions, estimates, and forecasts may be changed without notice. This material is not an offer, or a solicitation of an offer, to purchase any securities, including shares of Tri-Continental Corporation, unless preceded or accompanied by a prospectus. The views and opinions expressed are provided for general information only, and do not constitute specific tax, legal, or investment advice to, or recommendations for, any person. We suggest that you consult your financial or tax advisor, accountant, or attorney with regard to your specific situation. The information in this Website is directed at, and is intended for distribution to and use by, US persons only. It is not intended for distribution to, or use by, any person in any jurisdiction or country where such distribution would be contrary to local law or regulation.

Tri-Continental is managed by Columbia Management Investment Advisers, LLC (formerly known as RiverSource Investments, LLC).

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