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Stk: Past Performance Is Unlikely To Continue (nyse:stk)

by seekingalpha.com posted 1month ago 17 views
LPNEWS
Investors in Columbia Seligman Premium Technology Growth Fund (NYSE:STK) have enjoyed terrific returns in the past 1 year or so. The chart next shows the price return of STK, in comparison with two peer funds: Global X NASDAQ 100 Covered Call ETF (QYLD) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) since March 2023. As seen, STK has significantly outperformed both QYLD and QQQX over the period. STK has gained 23.10%, compared to QYLD's 5.83% and QQQX's 2.01%. However, as the sayings go, past performance is not necessarily indicative of future results.

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