UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):       October 16, 2006
                                                 -------------------------------



                           TRI-CONTINENTAL CORPORATION
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             (Exact name of Registrant as specified in its charter)


       Maryland                       811-266                   13-5441850
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   (State or other           (Commission File Number)       (I.R.S. Employer
   jurisdiction of                                         Identification No.)
   incorporation)

                                100 Park Avenue,
                            New York, New York 10017
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               (Address of principal executive offices, zip code)


Registrant's telephone number, including area code    (212) 850-1864
                                                   ---------------------

                                 Not Applicable
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         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange
Act (17CFR 240.13e-4(c))




SECTION 7 - REGULATION FD DISCLOSURE

Item 7.01 Regulation FD Disclosure.

Registrant is furnishing as Exhibit 99.1 the attached Fund Fact Sheet as of
September 30, 2006 for Tri-Continental Corporation.


SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1 - Fund Fact Sheet as of September 30, 2006 for Tri-Continental
               Corporation reflecting the Rolling Average Distribution Rate.



                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                    TRI-CONTINENTAL CORPORATION


Date: October 16, 2006


                                    By: /s/ Joseph D'Alessandro
                                       -----------------------------------------
                                            Joseph D'Alessandro
                                            Assistant Secretary