497 1 d903870d497.htm 497 497
Supplement dated April 9, 2020
to the following Statement of Additional Information (SAI):
SAI SAI Dated
Tri-Continental Corporation 5/1/2019
Effective immediately, the information under the subsection “The Investment Manager – Portfolio Managers” in the “Investment Management and Other Services” section of the SAI is hereby superseded and replaced with the following:
    Other Accounts Managed (excluding the Fund)  
Fund Portfolio Manager Number and type
of account*
Approximate
Total Net Assets
(excluding the fund)
Performance
Based
Accounts**
Ownership
of Fund
Shares
Information is as of December 31, 2018, unless otherwise noted
Tri-Continental
Corporation
Brian Condon(b) 22 RICs
2 PIVs
66 other accounts
$11.30 billion
$94.13 million
$6.74 billion
None $100,001-$500,000 (a)
David L. King 5 RICs
7 other accounts
$5.64 billion
$24.17 million
None Over $1,000,000(a)
Yan Jin 5 RICs
10 other accounts
$5.64 billion
$4.39 million
None $100,001-$500,000 (a)
Peter Albanese 16 RICs
2 PIVs
64 other accounts
$11.25 billion
$94.13 million
$6.73 billion
None $100,001-$500,000 (a)
Raghavendran Sivaraman(c) 12 RICs
4 other accounts
$10.31 billion
$20.47 million
None None
* RIC refers to a Registered Investment Company; PIV refers to a Pooled Investment Vehicle.
** Number and type of accounts for which the advisory fee paid is based in part or wholly on performance and the aggregate net assets in those accounts.
(a) Excludes any notional investments.
(b) Brian Condon has announced that he plans to retire from the Investment Manager, on May 31, 2020. Until then, Mr. Condon will continue to serve as a Co-Portfolio Manager of the Fund.
(c) The portfolio manager began managing the Fund after its last fiscal year end; reporting information is provided as of February 29,2020.
The rest of the section remains the same.
Shareholders should retain this Supplement for future reference.
SUP920_12_004_(04/20)