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LIBERTY ALL-STAR GROWTH FD - ASG STOCK NEWS

Welcome to our dedicated page for LIBERTY ALL-STAR GROWTH FD news (Ticker: ASG), a resource for investors and traders seeking the latest updates and insights on LIBERTY ALL-STAR GROWTH FD stock.

Liberty All-Star Growth Fund, Inc. (NYSE: ASG) is a diversified, closed-end management investment company based in the United States. The primary objective of the Fund is to seek long-term capital appreciation by investing in a diversified portfolio of equity securities across various industries, including consumer discretionary, consumer staples, healthcare, industrial, information technology, and more. The Fund's strategy incorporates a blend of three distinct growth-oriented investment managers: Weatherbie Capital, LLC for small-cap growth, Congress Asset Management Company, LLP for mid-cap growth, and Sustainable Growth Advisers, LP for large-cap growth, with Westfield Capital Management Company, L.P. set to replace Sustainable Growth Advisers, subject to stockholder approval.

The Fund's top holdings as of recent updates include prominent companies such as SPS Commerce, Inc., Amazon.com, Inc., Microsoft Corp., Visa, Inc., and UnitedHealth Group, Inc. These holdings reflect the Fund's emphasis on high-quality, growth-oriented investments.

Liberty All-Star Growth Fund, Inc. provides monthly performance updates, revealing the Fund's NAV (Net Asset Value), market price, and overall performance metrics. For instance, as of March 2024, the Fund reported a NAV of $6.08 and a market price of $5.49, reflecting a performance of 7.90% year-to-date. The Fund's portfolio is actively managed, with new holdings and liquidations occurring regularly to optimize performance and align with market conditions.

Besides performance metrics, the Fund also communicates its sector allocations, ensuring transparency regarding its diversified investments. As of April 2024, the Fund's sector breakdown included 24.2% in Information Technology, 22.3% in Health Care, 17.3% in Industrials, and smaller allocations in other sectors.

The Fund follows a quarterly distribution policy, paying distributions totaling approximately 8 percent of its net asset value annually. These distributions may include ordinary dividends, long-term capital gains, and return of capital. Recent distributions and sources are detailed in their updates, providing investors with essential tax reporting information.

Liberty All-Star Growth Fund, Inc. continues to adapt and evolve, ensuring their investment strategies and portfolio management align with the goal of delivering long-term capital appreciation for their shareholders. For the latest updates and detailed information, investors are encouraged to visit the Fund's official website or contact their support team.

News

Liberty All-Star® Growth Fund, Inc. March 2024 Monthly Update

Rhea-AI Summary
The Liberty All-Star Growth Fund, Inc. March 2024 Monthly Update provides insights into the fund's investment approach, top 20 holdings, monthly performance, net assets, sector breakdown, new holdings, and liquidated holdings. The fund combines three growth style investment managers with a focus on small-, mid-, and large-cap companies. The top 20 holdings include companies like Amazon, Microsoft, and Visa. The fund's performance for the month and year-to-date is positive, with a net asset value of $362.8 million and a sector breakdown dominated by Information Technology and Health Care.
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Liberty All-Star® Growth Fund, Inc. Declares Distribution

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Liberty All-Star Growth Fund, Inc. (ASG) declares a distribution of $0.12 per share, totaling approximately 8% of its net asset value per year. The distribution will be paid in four quarterly installments of 2% each, with a portion potentially coming from sources other than net income. Shareholders of record on April 19, 2024, will receive the payment on June 3, 2024, in newly issued shares or cash. The Fund's shares are listed on NYSE under the ticker symbol ASG, managed by ALPS Advisors, Inc., with over $355 million in net assets as of April 5, 2024.
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Liberty All-Star® Growth Fund, Inc. February 2024 Monthly Update

Rhea-AI Summary
The Liberty All-Star Growth Fund, Inc. (ASG) released its February 2024 Monthly Update, showcasing a diversified investment approach with three growth style managers focusing on small, mid, and large-cap stocks. The top 20 holdings include well-known companies like Amazon, Microsoft, and Visa. The monthly performance saw a 5.31% increase in NAV and a 3.44% increase in market price, with a 9.1% discount at the end of the month. The fund's net assets stood at $354.9 million, with a sector breakdown showing a significant allocation to Information Technology and Health Care.
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Liberty All-Star® Growth Fund, Inc. January 2024 Monthly Update

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The Liberty All-Star Growth Fund, Inc. released its January 2024 Monthly Update, showcasing a diversified investment approach with three growth style investment managers and top holdings like Microsoft, Amazon, and Visa. The fund's performance saw a slight increase for the month, with net assets at $334.8 million and a sector breakdown highlighting Information Technology and Health Care as top sectors.
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Liberty All-Star® Growth Fund, Inc. December 2023 Monthly Update

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The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) monthly update for December 2023 reveals a 19.37% year-to-date performance, with a 7.48% performance for the month. The fund has a total net asset value of $340.5 million, with 98.6% assets invested, and top 20 holdings accounting for 32.4% of the equity portfolio. The sector breakdown shows a strong focus on healthcare and information technology, with a diverse range of new and liquidated holdings.
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Liberty All-Star® Growth Fund, Inc. Declares Distribution

Rhea-AI Summary
Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has declared a distribution of $0.11 per share payable on March 4, 2024 to shareholders of record on January 19, 2024. The distribution is 8% of its net asset value per year, payable in four quarterly installments of 2%. The final determination of the source of all distributions in 2024 for tax reporting purposes 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. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol ASG.
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Liberty All-Star® Growth Fund, Inc. November 2023 Monthly Update

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Liberty All-Star Growth Fund, Inc. (NYSE: ASG) provided its November 2023 Monthly Update. The fund combines three growth style investment managers, each with a distinct capitalization focus. The top 20 holdings at month-end accounted for 32.8% of the equity portfolio, with SPS Commerce, Inc., Microsoft Corp., and Amazon.com, Inc. being the top three holdings. The fund's performance for the month was 9.57%, and the net assets at month-end were $314.5 million, with 99.5% being invested. The sector breakdown showed a significant allocation to Information Technology and Health Care, among others. The fund also disclosed new holdings and liquidated holdings, along with information on the net asset value and market price.
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Liberty All-Star® Growth Fund, Inc. October 2023 Monthly Update

Rhea-AI Summary
Liberty All-Star Growth Fund, Inc. (NYSE: ASG) Monthly Update for October 2023 reveals the fund's investment approach, top 20 holdings, monthly performance, net assets, sector breakdown, new and liquidated holdings, and performance returns. The fund's net asset value (NAV) and market price experienced a decrease during the month, with performance year-to-date showing a slight increase. The sector breakdown highlights a significant investment in Information Technology and Health Care.
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Liberty All-Star® Growth Fund, Inc. Declares Distribution

Rhea-AI Summary
Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has declared a distribution of $0.10 per share payable on January 2, 2024 to shareholders of record on November 17, 2023. The distribution is approximately 8 percent of its net asset value per year, payable in four quarterly installments of 2 percent. The distribution may be treated as paid from sources other than net income. Shares will be issued in newly issued shares to shareholders participating in the Dividend Reinvestment Plan, or in cash for those who elect to receive it. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol ASG.
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Liberty All-Star® Growth Fund, Inc. September 2023 Monthly Update

Rhea-AI Summary
The Liberty All-Star Growth Fund, Inc. provides its September 2023 monthly update. The fund combines three growth style investment managers with a focus on different capitalizations. The top 20 holdings at the end of the month are listed. The fund's performance for the month and year-to-date is also provided.
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FAQ

What is the current stock price of LIBERTY ALL-STAR GROWTH FD (ASG)?

The current stock price of LIBERTY ALL-STAR GROWTH FD (ASG) is $5.67 as of November 15, 2024.

What is the market cap of LIBERTY ALL-STAR GROWTH FD (ASG)?

The market cap of LIBERTY ALL-STAR GROWTH FD (ASG) is approximately 341.1M.

What is Liberty All-Star Growth Fund, Inc.?

Liberty All-Star Growth Fund, Inc. (NYSE: ASG) is a diversified, closed-end management investment company focused on long-term capital appreciation through a diversified portfolio of equity securities.

What is the primary investment objective of ASG?

The primary objective of the Fund is to seek long-term capital appreciation by investing in a diversified portfolio of equity securities across various industries.

Who manages the investments for the Fund?

The Fund's assets are managed by three distinct growth-oriented investment managers: Weatherbie Capital, LLC (small-cap growth), Congress Asset Management Company, LLP (mid-cap growth), and Sustainable Growth Advisers, LP (large-cap growth), with Westfield Capital Management Company, L.P. set to replace Sustainable Growth Advisers, subject to stockholder approval.

What are some of the Fund's top holdings?

The Fund's top holdings include companies like SPS Commerce, Inc., Amazon.com, Inc., Microsoft Corp., Visa, Inc., and UnitedHealth Group, Inc.

How often does the Fund provide performance updates?

The Fund provides monthly performance updates, detailing metrics such as NAV, market price, and overall performance.

What is the Fund's distribution policy?

The Fund follows a quarterly distribution policy, paying distributions totaling approximately 8 percent of its net asset value annually. These distributions may include ordinary dividends, long-term capital gains, and return of capital.

How can I invest in the Fund?

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.

What are the risks associated with investing in the Fund?

Investing in the Fund involves risk, including loss of principal. Shareholders must be willing to tolerate significant fluctuations in the value of their investment.

Where can I find the latest updates and detailed information about the Fund?

Investors can visit the Fund's official website or contact their support team for the latest updates and detailed information.

How does the Fund's sector allocation look?

As of April 2024, the Fund's sector breakdown includes 24.2% in Information Technology, 22.3% in Health Care, 17.3% in Industrials, and smaller allocations in other sectors.

Stock ASG logo
LIBERTY ALL-STAR GROWTH FD

NYSE:ASG

ASG Rankings

#3416 Ranked by Market Cap
#273 Ranked by Dividends

ASG Stock Data

341.08M
58.77M
0.35%
28.21%
0.15%
Asset Management
Financial Services
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United States of America
Denver