Liberty All-Star® Growth Fund, Inc. Declares Distribution

Rhea-AI Summary

The Board of Directors of Liberty All-Star Growth Fund has announced a distribution of $0.17 per share, payable on September 7, 2021. Shareholders of record by July 23, 2021 will receive this distribution, with an ex-dividend date of July 22, 2021. This distribution aligns with the fund's policy to pay approximately 8% of its net asset value annually, distributed quarterly. A portion of the distribution may come from sources other than net income. The fund has net assets exceeding $463 million as of July 9, 2021.

Positive

• Declared a $0.17 per share distribution, indicating a commitment to shareholder returns.
• Distribution aligns with a policy of approximately 8% of net asset value, demonstrating a stable income strategy.
• Fund holds over $463 million in net assets, suggesting solid financial positioning.

Negative

• None.

BOSTON, July 12, 2021 /PRNewswire/ -- The Board of Directors of Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has declared a distribution of $0.17 per share payable on September 7, 2021 to shareholders of record on July 23, 2021 (ex-dividend date of July 22, 2021).  This distribution is in accordance with the Fund's current distribution policy of paying distributions on its shares totaling approximately 8 percent of its net asset value per year, payable in four quarterly installments of 2 percent.  A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital.  The final determination of the source of all distributions in 2021 for tax reporting purposes, including the percentage of qualified dividend income, will be made after year-end.

The distribution will be paid in newly issued shares to all shareholders except those who are not participating in Liberty All-Star Growth Fund's Dividend Reinvestment Plan and who elect to receive the distribution in cash.  Shares will be issued at the lower of the August 20, 2021 net asset value per share or market value per share (but not less than 95% of market value).  The market value of the Fund's shares for this purpose will be the last sales price on the New York Stock Exchange.

The Fund does not continuously issue shares and trades in the secondary market, investors wishing to buy or sell shares need to place orders through an intermediary or broker.  The share price of a closed-end fund is based on the market's value. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol ASG. ALPS Advisors, Inc. is the investment advisor of the Fund, a multi-managed, closed-end investment company with more than $463 million in net assets as of July 9, 2021.

Past performance cannot predict future results.
An investment in the Fund involves risk, including loss of principal.
Secondary market support provided to the Fund by ALPS Fund Services, Inc.'s affiliate ALPS Portfolio Solutions Distributor, Inc., a FINRA Member. ALPS Fund Services, Inc., ALPS Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated entities.

For Information Contact:
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com

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SOURCE Liberty All-Star Growth Fund, Inc.

FAQ

What is the distribution amount declared by Liberty All-Star Growth Fund (ASG)?

Liberty All-Star Growth Fund has declared a distribution of $0.17 per share.

When will the distribution be paid to shareholders of ASG?

The distribution will be paid on September 7, 2021.

What is the record date for the distribution of ASG?

The record date for the distribution is July 23, 2021.

What is the annual distribution policy of Liberty All-Star Growth Fund (ASG)?

The fund's annual distribution policy is to pay approximately 8% of its net asset value.

How much in net assets does Liberty All-Star Growth Fund have?

The fund has over $463 million in net assets as of July 9, 2021.