Liberty All-Star® Growth Fund, Inc. November 2024 Monthly Update
The Liberty All-Star Growth Fund (NYSE: ASG) released its November 2024 monthly update, showing strong performance with an 8.72% NAV increase and 7.73% market price growth for the month. The fund's year-to-date performance reached 20.25% for NAV and 21.05% for market price. The fund combines three investment managers focusing on small-, mid-, and large-cap growth stocks.
The fund's top holdings include major tech companies, with NVIDIA (3.9%), Apple (3.0%), and Amazon (2.9%) leading the portfolio. The fund's sector allocation is heavily weighted towards Information Technology (28.4%), followed by Industrials (17.6%) and Health Care (16.5%). Total net assets stood at $384.8 million with 99.7% invested in equities. The fund traded at a -7.6% discount to NAV at month-end.
Il Liberty All-Star Growth Fund (NYSE: ASG) ha rilasciato il suo aggiornamento mensile di novembre 2024, mostrando una forte performance con un aumento del NAV dell'8,72% e una crescita del prezzo di mercato del 7,73% per il mese. La performance del fondo da inizio anno ha raggiunto un 20,25% per il NAV e un 21,05% per il prezzo di mercato. Il fondo combina tre gestori di investimento focalizzati su azioni in crescita con capitalizzazione piccola, media e grande.
Le principali partecipazioni del fondo includono grandi aziende tecnologiche, con NVIDIA (3,9%), Apple (3,0%) e Amazon (2,9%) a guidare il portafoglio. L'allocazione settoriale del fondo è fortemente orientata verso l'Tecnologia dell'Informazione (28,4%), seguita da Industriali (17,6%) e Sanità (16,5%). I totali attivi netti ammontavano a 384,8 milioni di dollari con il 99,7% investito in azioni. Alla fine del mese, il fondo ha scambiato a uno sconto del -7,6% rispetto al NAV.
El Liberty All-Star Growth Fund (NYSE: ASG) publicó su actualización mensual de noviembre de 2024, mostrando un fuerte rendimiento con un incremento del NAV del 8,72% y un crecimiento del precio de mercado del 7,73% para el mes. El rendimiento del fondo en lo que va del año alcanzó un 20,25% para el NAV y un 21,05% para el precio de mercado. El fondo combina tres gestores de inversión que se centran en acciones de crecimiento de pequeña, mediana y gran capitalización.
Las principales participaciones del fondo incluyen grandes empresas tecnológicas, encabezadas por NVIDIA (3,9%), Apple (3,0%) y Amazon (2,9%). La asignación sectorial del fondo está fuertemente ponderada hacia Tecnología de la Información (28,4%), seguida por Industriales (17,6%) y Salud (16,5%). Los activos netos totales ascendieron a 384,8 millones de dólares, con el 99,7% invertido en acciones. A finales de mes, el fondo se cotizó con un descuento del -7,6% respecto al NAV.
리버티 올스타 그로스 펀드 (NYSE: ASG)는 2024년 11월 월간 업데이트를 발표하며 8.72% NAV 증가와 7.73% 시장 가격 성장을 보여주었습니다. 펀드의 연초 대비 성과는 NAV에서 20.25%, 시장 가격에서 21.05%에 도달했습니다. 이 펀드는 소형주, 중형주 및 대형주 성장 주식에 집중하는 세 명의 투자 관리자를 결합하고 있습니다.
펀드의 주요 보유에는 주요 기술 회사들이 포함되어 있으며, NVIDIA (3.9%), Apple (3.0%) 및 Amazon (2.9%)가 포트폴리오를 이끌고 있습니다. 펀드의 섹터 할당은 정보 기술 (28.4%)에 크게 치우쳐 있으며, 그 뒤를 산업 (17.6%)과 건강 관리 (16.5%)가 따릅니다. 총 순자산은 3억 8,480만 달러였으며, 99.7%가 주식에 투자되었습니다. 월말 기준으로 펀드는 NAV 대비 -7.6% 할인된 가격에 거래되었습니다.
Le Liberty All-Star Growth Fund (NYSE: ASG) a publié sa mise à jour mensuelle de novembre 2024, montrant une forte performance avec une augmentation de 8,72% du NAV et une croissance du prix du marché de 7,73% pour le mois. La performance du fonds depuis le début de l'année a atteint 20,25% pour le NAV et 21,05% pour le prix du marché. Le fonds combine trois gestionnaires d'investissement se concentrant sur des actions de croissance à petite, moyenne et grande capitalisation.
Les principales participations du fonds incluent des entreprises technologiques majeures, avec NVIDIA (3,9%), Apple (3,0%) et Amazon (2,9%) en tête du portefeuille. L'allocation sectorielle du fonds est fortement pondérée vers Technologie de l'information (28,4%), suivie par les Industries (17,6%) et la Santé (16,5%). Les actifs nets totaux s'élevaient à 384,8 millions de dollars, avec 99,7% investis en actions. À la fin du mois, le fonds était échangé à une décote de -7,6% par rapport au NAV.
Der Liberty All-Star Growth Fund (NYSE: ASG) veröffentlichte sein Aktualisierung für November 2024 und zeigte eine starke Performance mit einem 8,72% NAV-Anstieg und einem 7,73% Wachstum des Marktpreises für den Monat. Die Performance des Fonds seit Jahresbeginn erreichte einen 20,25% für den NAV und 21,05% für den Marktpreis. Der Fonds kombiniert drei Investmentmanager, die sich auf Wachstumstitel mit kleiner, mittlerer und großer Marktkapitalisierung konzentrieren.
Die Top-Holdings des Fonds umfassen bedeutende Technologiefirmen, wobei NVIDIA (3,9%), Apple (3,0%) und Amazon (2,9%) das Portfolio anführen. Die Sektorallocation des Fonds ist stark auf Informationstechnologie (28,4%) ausgerichtet, gefolgt von der Industrie (17,6%) und dem Gesundheitswesen (16,5%). Die gesamten Nettovermögen betrugen 384,8 Millionen Dollar, wobei 99,7% in Aktien investiert waren. Am Monatsende wurde der Fonds mit einem Rabatt von -7,6% auf den NAV gehandelt.
- Strong monthly performance with 8.72% NAV increase
- Impressive YTD returns of over 20% for both NAV and market price
- High investment rate with 99.7% of assets deployed in equities
- Well-diversified portfolio across growth sectors
- Increased discount to NAV from -6.7% to -7.6% during November
Insights
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, November 2024
Investment Approach:
Fund Style: All-Cap Growth
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.
Investment Managers:
- Weatherbie Capital, LLC
Small-Cap Growth - Congress Asset Management Company, LLP
Mid-Cap Growth - Westfield Capital Management Company, L.P.
Large-Cap Growth
Top 20 Holdings at Month-End: | ||
( | ||
1 | NVIDIA Corp. | 3.9 % |
2 | Apple, Inc. | 3.0 % |
3 | Amazon.com, Inc. | 2.9 % |
4 | Microsoft Corp. | 2.8 % |
5 | Upstart Holdings, Inc. | 2.1 % |
6 | SPS Commerce, Inc. | 2.1 % |
7 | Alphabet, Inc. | 2.0 % |
8 | Natera, Inc. | 2.0 % |
9 | Ollie's Bargain Outlet Holdings, Inc. | 2.0 % |
10 | Meta Platforms, Inc. | 1.9 % |
11 | FirstService Corp. | 1.9 % |
12 | Casella Waste Systems, Inc. | 1.9 % |
13 | Hamilton Lane, Inc. | 1.6 % |
14 | StepStone Group, Inc. | 1.6 % |
15 | Visa, Inc. | 1.4 % |
16 | Semtech Corp. | 1.4 % |
17 | Glaukos Corp. | 1.3 % |
18 | ServiceNow, Inc. | 1.1 % |
19 | Raymond James Financial, Inc. | 1.1 % |
20 | Tandem Diabetes Care, Inc. | 1.1 % |
Holdings are subject to change. | ||
Monthly Performance: | |||
Performance | NAV | Market Price | Discount |
Beginning of month value | -6.7 % | ||
Distributions (Ex-Date November 15th) | |||
End of month value | -7.6 % | ||
Performance for month | 8.72 % | 7.73 % | |
Performance year-to-date | 20.25 % | 21.05 % | |
Net Assets at Month-End ($millions): | |
Total | |
Equities | |
Percent Invested | 99.7 % |
Sector Breakdown* (% of equity portfolio): | |
Information Technology | 28.4 % |
Industrials | 17.6 % |
Health Care | 16.5 % |
Financials | 14.2 % |
Consumer Discretionary | 9.9 % |
Communication Services | 5.7 % |
Consumer Staples | 4.2 % |
Real Estate | 1.9 % |
Materials | 0.9 % |
Energy | 0.7 % |
Total Market Value | 100.0 % |
*Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS). | |
New Holdings:
Block, Inc.
GE Vernova, Inc.
GoDaddy, Inc.
Sprouts Farmers Market, Inc.
VSE Corp.
Holdings Liquidated:
AbbVie, Inc.
Advanced Micro Devices, Inc.
ASML Holding N.V.
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results.
Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
Sources of distributions to shareholders may include ordinary dividends, long-term capital gains and return of capital. The final determination of the source of all distributions in 2024 for tax reporting purposes will be made after year end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its fiscal year and may be subject to changes based on tax regulations. Based on current estimates a portion of the distributions consist of a return of capital. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholder 1099-DIV forms after the end of the year.
All data is as of November 30, 2024 unless otherwise noted.
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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SOURCE Liberty All-Star Growth Fund, Inc.
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