SEC Form N-CSRS filed by Columbia Seligman Premium Technology Growth Fund Inc
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-22328
Columbia Seligman Premium Technology Growth Fund, Inc.
(Exact name of registrant as specified in charter)
290 Congress Street, Boston, MA 02210
(Address of principal executive offices) (Zip code)
Daniel J. Beckman
c/o Columbia Management Investment Advisers, LLC
290 Congress Street
Boston, MA 02210
Ryan C. Larrenaga, Esq.
c/o Columbia Management Investment Advisers, LLC
Boston, MA 02210
(Name and address of agent for service)
Registrant's telephone number, including area code: (800) 345-6611
Date of fiscal year end: December 31
Date of reporting period: June 30, 2024
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Reports to Stockholders.
Not FDIC or NCUA Insured
|
No Financial Institution Guarantee
|
May Lose Value
|
2
|
|
4
|
|
12
|
|
14
|
|
18
|
|
19
|
|
20
|
|
22
|
|
24
|
|
35
|
|
37
|
Price Per Share
|
||||
|
June 30, 2024
|
March 31, 2024
|
December 31, 2023
|
|
Market Price ($)
|
33.29
|
31.87
|
31.60
|
|
Net Asset Value ($)
|
32.61
|
31.25
|
29.05
|
|
Distributions Paid Per Common Share
|
|
Payable Date
|
Per Share Amount ($)
|
January 23, 2024
|
0.2669
(a)
|
February 27, 2024
|
0.4625
|
May 21, 2024
|
0.4625
|
Top Holdings
|
|
Lam Research Corp.
|
5.5
%
|
Broadcom, Inc.
|
5.3
%
|
Microsoft Corp.
|
5.2
%
|
NVIDIA Corp.
|
4.6
%
|
Apple, Inc.
|
4.4
%
|
Alphabet, Inc., Class A
|
4.1
%
|
Applied Materials, Inc.
|
3.3
%
|
GoDaddy, Inc., Class A
|
2.9
%
|
eBay, Inc.
|
2.9
%
|
Amazon.com, Inc.
|
2.6
%
|
Equity Sector Allocation
|
|
Information Technology
|
66.6
%
|
Communication Services
|
13.1
%
|
Financials
|
6.0
%
|
Consumer Discretionary
|
5.9
%
|
Industrials
|
2.9
%
|
Real Estate
|
2.1
%
|
Information Technology Sub-industry Allocation
|
|
Semiconductors
|
20.6
%
|
Systems Software
|
12.4
%
|
Semiconductor Materials & Equipment
|
11.3
%
|
Technology Hardware, Storage & Peripherals
|
8.3
%
|
Application Software
|
6.1
%
|
Communications Equipment
|
3.3
%
|
Internet Services & Infrastructure
|
2.9
%
|
Electronic Equipment & Instruments
|
1.4
%
|
Other
|
0.3
%
|
When the VXN Index is:
|
Aggregate Notional Amount of
Written Call Options as a
Percentage of the Fund’s
Holdings in Common Stocks
|
17 or less
|
25%
|
Greater than 17, but less than 18
|
Increase up to 50%
|
At least 18, but less than 33
|
50%
|
At least 33, but less than 34
|
Increase up to 90%
|
At least 34, but less than 55
|
90%
|
At 55 or greater
|
0% to 90%
|
Stockholder Transaction Expenses
|
|
Dividend investment plan
|
None(a
)
|
Annual Expenses (as a percentage of net assets attributable to common shares)
|
|
Management fees(b)
|
1.06%
|
Other expenses
|
0.07%
|
Acquired fund fees and expenses
|
0.00%
|
Total Annual Expenses(c)
|
1.13%
|
|
1 year
|
3 years
|
5 years
|
10 years
|
Columbia Seligman Premium Technology Growth Fund, Inc. Common Stock
|
$12
|
$36
|
$62
|
$137
|
|
Market Price ($)
|
Corresponding NAV ($)
|
Corresponding (Discount)/Premium to NAV (%)
|
|||
|
High
|
Low
|
High
|
Low
|
High
|
Low
|
2022
|
|
|
|
|
|
|
1st Quarter
|
37.50
|
28.28
|
35.64
|
28.72
|
5.22
|
(1.53
)
|
2nd Quarter
|
32.11
|
24.47
|
32.13
|
24.64
|
(0.06
)
|
(0.69
)
|
3rd Quarter
|
32.24
|
23.19
|
28.62
|
22.78
|
12.65
|
1.80
|
4th Quarter
|
27.69
|
22.48
|
25.84
|
21.98
|
7.16
|
2.27
|
2023
|
|
|
|
|
|
|
1st Quarter
|
28.08
|
22.73
|
26.34
|
22.48
|
6.61
|
1.11
|
2nd Quarter
|
31.35
|
26.23
|
27.65
|
24.66
|
13.38
|
6.37
|
3rd Quarter
|
31.04
|
26.75
|
28.99
|
26.05
|
7.07
|
2.69
|
4th Quarter
|
31.91
|
25.18
|
29.26
|
24.88
|
9.06
|
1.21
|
2024
|
|
|
|
|
|
|
1st Quarter
|
34.05
|
29.37
|
30.72
|
27.81
|
10.84
|
5.61
|
2nd Quarter
|
33.68
|
29.56
|
32.87
|
28.91
|
2.46
|
2.25
|
Common Stocks 96.6%
|
||
Issuer
|
Shares
|
Value ($)
|
Communication Services 13.1%
|
||
Cable & Satellite 1.3%
|
||
Comcast Corp., Class A
|
183,044
|
7,168,003
|
Interactive Media & Services 9.9%
|
||
Alphabet, Inc., Class A(a)
|
120,120
|
21,879,858
|
Alphabet, Inc., Class C
|
63,300
|
11,610,486
|
Match Group, Inc.(b)
|
73,600
|
2,235,968
|
Meta Platforms, Inc., Class A
|
26,150
|
13,185,353
|
Pinterest, Inc., Class A(b)
|
61,692
|
2,718,766
|
TripAdvisor, Inc.(b)
|
106,250
|
1,892,313
|
Total
|
53,522,744
|
|
Movies & Entertainment 1.0%
|
||
Walt Disney Co. (The)
|
55,200
|
5,480,808
|
Wireless Telecommunication Services 0.9%
|
||
T-Mobile US, Inc.
|
25,500
|
4,492,590
|
Total Communication Services
|
70,664,145
|
|
Consumer Discretionary 5.9%
|
||
Broadline Retail 5.5%
|
||
Amazon.com, Inc.(b)
|
73,700
|
14,242,525
|
eBay, Inc.
|
286,604
|
15,396,367
|
Total
|
29,638,892
|
|
Restaurants 0.4%
|
||
DoorDash, Inc., Class A(b)
|
19,000
|
2,066,820
|
Total Consumer Discretionary
|
31,705,712
|
|
Financials 6.0%
|
||
Transaction & Payment Processing Services 6.0%
|
||
Block, Inc., Class A(b)
|
23,550
|
1,518,739
|
Fiserv, Inc.(b)
|
38,865
|
5,792,440
|
Global Payments, Inc.
|
97,419
|
9,420,417
|
Shift4 Payments, Inc., Class A(b)
|
42,200
|
3,095,370
|
Visa, Inc., Class A
|
48,125
|
12,631,369
|
Total
|
32,458,335
|
|
Total Financials
|
32,458,335
|
|
Health Care 0.0%
|
||
Health Care Technology 0.0%
|
||
Waystar Holding Corp.(b)
|
8,796
|
189,114
|
Total Health Care
|
189,114
|
Common Stocks (continued)
|
||
Issuer
|
Shares
|
Value ($)
|
Industrials 2.9%
|
||
Heavy Electrical Equipment 2.4%
|
||
Bloom Energy Corp., Class A(b)
|
1,043,122
|
12,767,813
|
Passenger Ground Transportation 0.5%
|
||
Lyft, Inc., Class A(b)
|
191,400
|
2,698,740
|
Total Industrials
|
15,466,553
|
|
Information Technology 66.6%
|
||
Application Software 6.1%
|
||
ANSYS, Inc.(b)
|
6,700
|
2,154,050
|
Dropbox, Inc., Class A(b)
|
432,335
|
9,714,567
|
Five9, Inc.(b)
|
43,200
|
1,905,120
|
RingCentral, Inc., Class A(b)
|
165,183
|
4,658,161
|
Salesforce, Inc.
|
18,587
|
4,778,718
|
Synopsys, Inc.(b)
|
14,735
|
8,768,209
|
Verint Systems, Inc.(b)
|
30,188
|
972,054
|
Total
|
32,950,879
|
|
Communications Equipment 3.3%
|
||
Arista Networks, Inc.(b)
|
17,649
|
6,185,621
|
F5, Inc.(b)
|
48,246
|
8,309,409
|
Juniper Networks, Inc.
|
69,500
|
2,533,970
|
Lumentum Holdings, Inc.(b)
|
10,493
|
534,304
|
Total
|
17,563,304
|
|
Electronic Equipment & Instruments 1.4%
|
||
Advanced Energy Industries, Inc.
|
68,353
|
7,434,072
|
Internet Services & Infrastructure 2.9%
|
||
GoDaddy, Inc., Class A(b)
|
111,779
|
15,616,644
|
IT Consulting & Other Services 0.3%
|
||
Amdocs Ltd.
|
6,079
|
479,755
|
DXC Technology Co.(b)
|
54,600
|
1,042,314
|
Total
|
1,522,069
|
|
Semiconductor Materials & Equipment 11.3%
|
||
Applied Materials, Inc.(a)
|
75,311
|
17,772,643
|
Kulicke & Soffa Industries, Inc.
|
12,774
|
628,353
|
Lam Research Corp.(a)
|
27,905
|
29,714,639
|
Teradyne, Inc.(a)
|
85,903
|
12,738,556
|
Total
|
60,854,191
|
Common Stocks (continued)
|
||
Issuer
|
Shares
|
Value ($)
|
Semiconductors 20.6%
|
||
Analog Devices, Inc.
|
20,994
|
4,792,090
|
Broadcom, Inc.(a)
|
17,931
|
28,788,758
|
Marvell Technology, Inc.
|
138,992
|
9,715,541
|
NVIDIA Corp.
|
201,230
|
24,859,954
|
NXP Semiconductors NV
|
31,900
|
8,583,971
|
ON Semiconductor Corp.(b)
|
132,900
|
9,110,295
|
Qorvo, Inc.(b)
|
6,974
|
809,263
|
Renesas Electronics Corp.
|
556,600
|
10,555,723
|
Semtech Corp.(b)
|
131,400
|
3,926,232
|
Synaptics, Inc.(b)
|
117,198
|
10,336,864
|
Total
|
111,478,691
|
|
Systems Software 12.4%
|
||
Adeia, Inc.
|
333,425
|
3,729,359
|
Gen Digital, Inc.
|
503,548
|
12,578,629
|
Microsoft Corp.(a)
|
63,225
|
28,258,414
|
Oracle Corp.
|
91,610
|
12,935,332
|
Palo Alto Networks, Inc.(b)
|
18,533
|
6,282,872
|
Tenable Holdings, Inc.(b)
|
76,248
|
3,322,888
|
Total
|
67,107,494
|
|
Technology Hardware, Storage & Peripherals 8.3%
|
||
Apple, Inc.(a)
|
112,600
|
23,715,812
|
NetApp, Inc.
|
97,686
|
12,581,957
|
Western Digital Corp.(b)
|
115,428
|
8,745,979
|
Total
|
45,043,748
|
|
Total Information Technology
|
359,571,092
|
Common Stocks (continued)
|
||
Issuer
|
Shares
|
Value ($)
|
Real Estate 2.1%
|
||
Telecom Tower REITs 2.1%
|
||
American Tower Corp.
|
29,010
|
5,638,964
|
Crown Castle, Inc.
|
58,067
|
5,673,146
|
Total
|
11,312,110
|
|
Total Real Estate
|
11,312,110
|
|
Total Common Stocks
(Cost: $272,753,494)
|
521,367,061
|
|
|
||
Money Market Funds 4.1%
|
||
|
Shares
|
Value ($)
|
Columbia Short-Term Cash Fund, 5.547%(c),(d)
|
22,197,262
|
22,190,603
|
Total Money Market Funds
(Cost: $22,189,805)
|
22,190,603
|
|
Total Investments in Securities
(Cost $294,943,299)
|
543,557,664
|
|
Other Assets & Liabilities, Net
|
|
(3,705,780
)
|
Net Assets
|
$539,851,884
|
Call option contracts written
|
||||||||
Description
|
Counterparty
|
Trading
currency
|
Notional
amount
|
Number of
contracts
|
Exercise
price/Rate
|
Expiration
date
|
Premium
received ($)
|
Value ($)
|
NASDAQ 100 Index
|
Morgan Stanley
|
USD
|
(127,938,655
)
|
(65
)
|
20,375.00
|
7/19/2024
|
(532,771
)
|
(360,425
)
|
(a)
|
This security or a portion of this security has been pledged as collateral in connection
with derivative contracts.
|
(b)
|
Non-income producing investment.
|
(c)
|
The rate shown is the seven-day current annualized yield at June 30, 2024.
|
(d)
|
As defined in the Investment Company Act of 1940, as amended, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of
the holdings and transactions in these affiliated companies during the period ended
June 30, 2024 are as follows:
|
Affiliated issuers
|
Beginning
of period($)
|
Purchases($)
|
Sales($)
|
Net change in
unrealized
appreciation
(depreciation)($)
|
End of
period($)
|
Realized gain
(loss)($)
|
Dividends($)
|
End of
period shares
|
Columbia Short-Term Cash Fund, 5.547%
|
||||||||
|
17,080,770
|
67,960,321
|
(62,849,078
)
|
(1,410
)
|
22,190,603
|
(156
)
|
464,928
|
22,197,262
|
USD
|
US Dollar
|
|
Level 1 ($)
|
Level 2 ($)
|
Level 3 ($)
|
Total ($)
|
Investments in Securities
|
|
|
|
|
Common Stocks
|
|
|
|
|
Communication Services
|
70,664,145
|
—
|
—
|
70,664,145
|
Consumer Discretionary
|
31,705,712
|
—
|
—
|
31,705,712
|
Financials
|
32,458,335
|
—
|
—
|
32,458,335
|
Health Care
|
189,114
|
—
|
—
|
189,114
|
Industrials
|
15,466,553
|
—
|
—
|
15,466,553
|
Information Technology
|
349,015,369
|
10,555,723
|
—
|
359,571,092
|
Real Estate
|
11,312,110
|
—
|
—
|
11,312,110
|
Total Common Stocks
|
510,811,338
|
10,555,723
|
—
|
521,367,061
|
Money Market Funds
|
22,190,603
|
—
|
—
|
22,190,603
|
Total Investments in Securities
|
533,001,941
|
10,555,723
|
—
|
543,557,664
|
Investments in Derivatives
|
|
|
|
|
Liability
|
|
|
|
|
Call Option Contracts Written
|
(360,425
)
|
—
|
—
|
(360,425
)
|
Total
|
532,641,516
|
10,555,723
|
—
|
543,197,239
|
Assets
|
|
Investments in securities, at value
|
|
Unaffiliated issuers (cost $272,753,494)
|
$521,367,061
|
Affiliated issuers (cost $22,189,805)
|
22,190,603
|
Receivable for:
|
|
Investments sold
|
1,020,912
|
Dividends
|
220,729
|
Foreign tax reclaims
|
7,059
|
Prepaid expenses
|
73,219
|
Other assets
|
18,908
|
Total assets
|
544,898,491
|
Liabilities
|
|
Option contracts written, at value (premiums received $532,771)
|
360,425
|
Payable for:
|
|
Investments purchased
|
4,461,583
|
Management services fees
|
15,638
|
Stockholder servicing and transfer agent fees
|
3,635
|
Compensation of chief compliance officer
|
44
|
Compensation of board members
|
11,754
|
Other expenses
|
35,476
|
Deferred compensation of board members
|
158,052
|
Total liabilities
|
5,046,607
|
Net assets applicable to outstanding Common Stock
|
$539,851,884
|
Represented by
|
|
Paid in capital
|
236,193,193
|
Total distributable earnings (loss)
|
303,658,691
|
Total - representing net assets applicable to outstanding Common Stock
|
$539,851,884
|
Shares outstanding applicable to Common Stock
|
16,556,431
|
Net asset value per share of outstanding Common Stock
|
$32.61
|
Market price per share of Common Stock
|
$33.29
|
Net investment income
|
|
Income:
|
|
Dividends — unaffiliated issuers
|
$1,916,528
|
Dividends — affiliated issuers
|
464,928
|
Interfund lending
|
98
|
Foreign taxes withheld
|
(19,828
)
|
Total income
|
2,361,726
|
Expenses:
|
|
Management services fees
|
2,663,105
|
Stockholder servicing and transfer agent fees
|
12,277
|
Custodian fees
|
11,238
|
Printing and postage fees
|
32,276
|
Stockholders’ meeting fees
|
19,828
|
Accounting services fees
|
25,720
|
Legal fees
|
4,771
|
Compensation of chief compliance officer
|
45
|
Compensation of board members
|
11,645
|
Deferred compensation of board members
|
23,126
|
Other
|
26,155
|
Total expenses
|
2,830,186
|
Net investment loss
|
(468,460
)
|
Realized and unrealized gain (loss) — net
|
|
Net realized gain (loss) on:
|
|
Investments — unaffiliated issuers
|
59,723,815
|
Investments — affiliated issuers
|
(156
)
|
Foreign currency translations
|
(649
)
|
Option contracts written
|
(4,013,983
)
|
Net realized gain
|
55,709,027
|
Net change in unrealized appreciation (depreciation) on:
|
|
Investments — unaffiliated issuers
|
18,915,346
|
Investments — affiliated issuers
|
(1,410
)
|
Foreign currency translations
|
(217
)
|
Option contracts written
|
36,827
|
Net change in unrealized appreciation (depreciation)
|
18,950,546
|
Net realized and unrealized gain
|
74,659,573
|
Net increase in net assets resulting from operations
|
$74,191,113
|
|
Six Months Ended
June 30, 2024
(Unaudited)
|
Year Ended
December 31, 2023
|
Operations
|
|
|
Net investment loss
|
$(468,460
)
|
$(804,397
)
|
Net realized gain
|
55,709,027
|
43,879,420
|
Net change in unrealized appreciation (depreciation)
|
18,950,546
|
97,121,077
|
Net increase in net assets resulting from operations
|
74,191,113
|
140,196,100
|
Distributions to stockholders
|
|
|
Net investment income and net realized gains
|
(15,309,264
)
|
(34,875,642
)
|
Total distributions to stockholders
|
(15,309,264
)
|
(34,875,642
)
|
Increase in net assets from capital stock activity
|
2,046,431
|
7,567,091
|
Total increase in net assets
|
60,928,280
|
112,887,549
|
Net assets at beginning of period
|
478,923,604
|
366,036,055
|
Net assets at end of period
|
$539,851,884
|
$478,923,604
|
|
Six Months Ended
|
Year Ended
|
||
|
June 30, 2024 (Unaudited)
|
December 31, 2023
|
||
|
Shares
|
Dollars ($)
|
Shares
|
Dollars ($)
|
Capital stock activity
|
||||
Common Stock issued at market price in distributions
|
68,595
|
2,046,431
|
312,579
|
7,567,091
|
Total net increase
|
68,595
|
2,046,431
|
312,579
|
7,567,091
|
|
Six Months Ended
June 30, 2024
(Unaudited)
|
Year ended December 31,
|
||
2023
|
2022
|
2021
|
||
Per share data
|
||||
Net asset value, beginning of period
|
$29.05
|
$22.63
|
$35.42
|
$27.86
|
Income from investment operations:
|
||||
Net investment income (loss)
|
(0.03
)
|
(0.05
)
|
(0.08
)
|
(0.06
)
|
Net realized and unrealized gain (loss)
|
4.52
|
8.58
|
(9.78
)
|
10.76
|
Total from investment operations
|
4.49
|
8.53
|
(9.86
)
|
10.70
|
Less distributions to Stockholders from:
|
||||
Net investment income
|
—
|
—
|
—
|
—
|
Net realized gains
|
(0.93
)
|
(2.12
)
|
(2.93
)
|
(3.14
)
|
Total distributions to Stockholders
|
(0.93
)
|
(2.12
)
|
(2.93
)
|
(3.14
)
|
(Dilution) Anti-dilution in net asset value from share purchases (via dividend reinvestment
program)(a)
|
(0.00
)(b)
|
0.01
|
(0.00
)(b)
|
—
|
Anti-dilution in net asset value from share buy-backs (via stock repurchase program)(a)
|
—
|
—
|
—
|
—
|
Net asset value, end of period
|
$32.61
|
$29.05
|
$22.63
|
$35.42
|
Market price, end of period
|
$33.29
|
$31.60
|
$23.23
|
$37.01
|
Total return
|
||||
Based upon net asset value
|
15.65
%
|
38.89
%
|
(28.74
%)
|
39.38
%
|
Based upon market price
|
8.54
%
|
47.19
%
|
(29.99
%)
|
48.96
%
|
Ratios to average net assets
|
||||
Total gross expenses(c)
|
1.13
%
|
1.13
%
|
1.13
%
|
1.13
%
|
Net investment income (loss)
|
(0.19
%)
|
(0.19
%)
|
(0.29
%)
|
(0.18
%)
|
Supplemental data
|
||||
Net assets, end of period (in thousands)
|
$539,852
|
$478,924
|
$366,036
|
$564,220
|
Portfolio turnover
|
21
%
|
25
%
|
9
%
|
27
%
|
Notes to Financial Highlights
|
|
(a)
|
Prior to the period ended December 31, 2022, per share amounts were only presented if the net dilution/anti-dilution impact was material relative to the Fund’s average net assets for Common Stock.
|
(b)
|
Rounds to zero.
|
(c)
|
In addition to the fees and expenses that the Fund bears directly, the Fund indirectly
bears a pro rata share of the fees and expenses of any other funds in which it invests.
Such indirect expenses are not included in the Fund’s reported expense ratios.
|
Year ended December 31,
|
||||||
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
||||||
$23.43
|
$16.96
|
$20.83
|
$17.78
|
$17.29
|
$17.69
|
$16.18
|
|
||||||
0.11
|
(0.02
)
|
(0.01
)
|
(0.06
)
|
(0.05
)
|
(0.04
)
|
(0.07
)
|
6.17
|
8.34
|
(1.36
)
|
5.74
|
2.39
|
1.49
|
3.43
|
6.28
|
8.32
|
(1.37
)
|
5.68
|
2.34
|
1.45
|
3.36
|
|
||||||
(0.11
)
|
—
|
—
|
—
|
—
|
—
|
—
|
(1.74
)
|
(1.85
)
|
(2.50
)
|
(2.63
)
|
(1.85
)
|
(1.85
)
|
(1.85
)
|
(1.85
)
|
(1.85
)
|
(2.50
)
|
(2.63
)
|
(1.85
)
|
(1.85
)
|
(1.85
)
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$27.86
|
$23.43
|
$16.96
|
$20.83
|
$17.78
|
$17.29
|
$17.69
|
$27.24
|
$23.55
|
$16.81
|
$22.25
|
$18.74
|
$17.93
|
$18.93
|
|
||||||
29.17
%
|
51.04
%
|
(7.77
%)
|
32.72
%
|
15.29
%
|
8.40
%
|
22.32
%
|
25.65
%
|
53.17
%
|
(14.42
%)
|
34.51
%
|
17.18
%
|
5.05
%
|
47.17
%
|
|
||||||
1.15
%
|
1.15
%
|
1.15
%
|
1.16
%
|
1.17
%
|
1.17
%
|
1.17
%
|
0.50
%
|
(0.08
%)
|
(0.05
%)
|
(0.28
%)
|
(0.33
%)
|
(0.24
%)
|
(0.41
%)
|
|
||||||
$443,114
|
$372,063
|
$265,315
|
$320,472
|
$273,226
|
$265,426
|
$271,300
|
32
%
|
43
%
|
34
%
|
47
%
|
61
%
|
61
%
|
60
%
|
|
Liability derivatives
|
|
Risk exposure
category
|
Statement
of assets and liabilities
location
|
Fair value ($)
|
Equity risk
|
Option contracts written, at value
|
360,425
|
Amount of realized gain (loss) on derivatives recognized in income
|
|
Risk exposure category
|
Option
contracts
written
($)
|
Equity risk
|
(4,013,983
)
|
|
|
Change in unrealized appreciation (depreciation) on derivatives recognized in income
|
|
Risk exposure category
|
Option
contracts
written
($)
|
Equity risk
|
36,827
|
Derivative instrument
|
Average
value ($)
|
Option contracts written
|
(1,247,126
)
|
|
Morgan
Stanley ($)
|
Liabilities
|
|
Call option contracts written
|
360,425
|
Total financial and derivative net assets
|
(360,425
)
|
Total collateral received (pledged) (a)
|
(360,425
)
|
Net amount (b)
|
-
|
(a)
|
In some instances, the actual collateral received and/or pledged may be more than
the amount shown due to overcollateralization.
|
(b)
|
Represents the net amount due from/(to) counterparties in the event of default.
|
Federal
tax cost ($)
|
Gross unrealized
appreciation ($)
|
Gross unrealized
(depreciation) ($)
|
Net unrealized
appreciation ($)
|
294,411,000
|
259,369,000
|
(10,583,000
)
|
248,786,000
|
Borrower or lender
|
Average loan
balance ($)
|
Weighted average
interest rate (%)
|
Number of days
with outstanding loans
|
Lender
|
600,000
|
5.86
|
1
|
Director
|
For
|
Withheld
|
George S. Batejan
|
10,014,982
|
182,493
|
Kathleen Blatz
|
10,004,350
|
193,125
|
Pamela G. Carlton
|
10,012,424
|
185,051
|
David M. Moffett
|
10,000,624
|
196,851
|
For
|
Against
|
Abstain
|
10,117,921
|
107,599
|
68,259
|
Item 2. Code of Ethics
Not applicable.
Item 3. Audit Committee Financial Expert
Not applicable.
Item 4. Principal Accountant Fees and Services
Not applicable.
Item 5. Audit Committee of Listed Registrants
Not applicable.
Item 6. Investments
(a) The registrant’s “Schedule I – Investments in securities of unaffiliated issuers” (as set forth in 17 CFR 210.12-12) is included in Item 1 of this Form N-CSR.
(b) Not applicable.
Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
Not applicable.
Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not Applicable.
Item 9. Proxy Disclosures for Open-End Management Investment Companies
Not Applicable.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.
Not Applicable.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract
Statement regarding basis for approval of Investment Advisory Contract is included in Item 1 of this Form N-CSR.
Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 13. Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
|
(1) For the period ended June 30, 2024, under the terms of its stock repurchase program, the registrant did not repurchase any of its shares of common stock. |
(2a) The registrant's current stock repurchase program, which is reviewed at least annually by the registrant’s Board
of Directors, was first approved by the registrant’s Board of Directors in 2009.
(2b) Provided that the criteria for share repurchases are met under the registrant’s stock repurchase program, there is
no limit to the number of shares the registrant can repurchase.
(2c) The registrant’s stock repurchase program has no expiration date.
(2d) Not Applicable
(2e) Not Applicable
Item 15. Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors implemented since the registrant last provided disclosure as to such procedures in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K or Item 15 of Form N-CSR.
Item 16. Controls and Procedures
(a) The registrant’s principal executive officer and principal financial officer, based on their evaluation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are adequately designed to ensure that information required to be disclosed by the registrant in Form N-CSR is accumulated and communicated to the registrant’s management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
(b) There was no change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial
reporting.
Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.
Item 18. Recovery of erroneously Awarded Compensation
Not applicable.
Item 19. Exhibits
(a)(1) Not Applicable
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(registrant) |
Columbia Seligman Premium Technology Growth Fund, Inc |
|
|
By (Signature and Title) |
/s/ Daniel J. Beckman |
|
Daniel J. Beckman, President and Principal Executive Officer |
|
|
Date |
August 22, 2024 |
|
|
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) |
/s/ Daniel J. Beckman |
|
Daniel J. Beckman, President and Principal Executive Officer |
|
|
Date |
August 22, 2024 |
By (Signature and Title) |
/s/ Michael G. Clarke |
|
Michael G. Clarke, Chief Financial Officer, |
|
Principal Financial Officer and Senior Vice President |
|
|
Date |
August 22, 2024 |
By (Signature and Title) |
/s/ Charles H. Chiesa |
|
Charles H. Chiesa, Treasurer, Chief Accounting |
|
Officer and Principal Financial Officer |
|
|
Date |
August 22, 2024 |