Seligman Suffers June Setback

The tech-focused fund, which remains in the black, identifies the shorts it recently covered or scaled back, and the shorts it currently favors.

Andrey Rudakov/Bloomberg

Andrey Rudakov/Bloomberg

The Seligman Tech Spectrum (Master) Fund suffered a setback last month, dropping 7.16 percent.

Even so, it remains slightly in the black for the year, up 0.89 percent, according to the fund’s second-quarter letter, obtained by Institutional Investor, and is still one of the top-performing tech-oriented hedge funds.

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