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

Rhea-AI Summary

The Liberty All-Star Growth Fund (NYSE: ASG) has declared a distribution of $0.17 per share, payable on June 7, 2021, to shareholders of record as of April 23, 2021. This aligns with the Fund's annual distribution policy, which totals approximately 8% of its net asset value, paid in quarterly installments. Distributions may include returns from various sources, including capital gains. Payments will primarily be made in newly issued shares, determined by the May 21, 2021 net asset or market value.

Positive

• Declared a distribution of $0.17 per share, reflecting ongoing shareholder returns.
• Aligns with an annual distribution policy of approximately 8% of net asset value.

Negative

• A portion of the distribution may be treated as return of capital, which could affect long-term investment value.

BOSTON, April 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 June 7, 2021 to shareholders of record on April 23, 2021 (ex-dividend date of April 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 May 21, 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 $357 million in net assets as of April 9, 2021.

Past performance cannot predict future results.
An investment in the Fund involves risk, including loss of principal.
ALPS Portfolio Solutions Distributor, Inc. – FINRA Member Firm

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 Liberty All-Star Growth Fund's recent distribution amount?

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

When will the distribution for ASG be paid?

The distribution will be paid on June 7, 2021.

What is the record date for the ASG distribution?

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

What percentage of net asset value does ASG distribute annually?

The fund distributes approximately 8% of its net asset value annually.

How will the ASG distribution be issued?

The distribution will primarily be issued in newly issued shares.