Tech dividend fund STK hits decade-low price with 3.7% yield, offering a strong buy opportunity amid market pause.

The Columbia Seligman Premium Technology Growth (STK) closed-end fund is trading at its widest discount to net asset value in over ten years, currently 7.9%, driven by recent tech sector volatility and profit-taking. Despite a market pause since mid-May, technology stocks remain resilient, and STK offers a 3.7% dividend yield with a history of special payouts and strong long-term returns that have outperformed the S&P 500 and Vanguard Information Technology ETF (VGT). This discount creates a buying opportunity as the fund tends to swing back to a premium when markets turn bullish, providing potential capital gains alongside steady dividend income. Investors looking for tech exposure with income potential may find STK attractive regardless of traditional seasonal investment strategies like "sell in May."