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Liberty All-Star Growth - ASG STOCK NEWS

Welcome to our dedicated page for Liberty All-Star Growth news (Ticker: ASG), a resource for investors and traders seeking the latest updates and insights on Liberty All-Star Growth stock.

Overview

Liberty All-Star Growth Fund Inc (symbol: ASG) is a United States based diversified, closed-end investment company that employs diversified investment strategies and a multi-cap growth approach. The company is designed to seek long-term capital appreciation by investing in a broad portfolio of equity securities covering industries such as consumer discretionary, consumer staples, healthcare, industrial, and information technology, among others.

Business Model and Investment Strategy

The Fund’s core investment approach is structured around a segmented management model, leveraging the expertise of three distinct growth style investment managers. This tri-fold strategy targets small-, mid-, and large-cap stocks, allowing the fund to benefit from varied market segments and capitalize on specific growth opportunities as they arise. The Fund’s portfolio is actively managed by an experienced investment advisor who continuously monitors and adjusts holdings based on evolving market conditions, ensuring that the diversity of assets helps mitigate risks while striving for capital appreciation.

Operational Structure

Operating as a closed-end fund, Liberty All-Star Growth Fund Inc trades on public exchanges. This structure means that while the net asset value (NAV) reflects the market value of its underlying investments, the Fund’s market price can fluctuate independently, trading either at a premium or discount. This dual valuation dynamic adds a layer of complexity to understanding its performance and risk profile. The Fund distributes investor returns from sources that include ordinary dividends, long-term capital gains, and return of capital, underlining its commitment to leveraging diversified revenue streams within the equity investment space.

Market Position and Competitive Landscape

Positioned amidst a competitive landscape of asset management and closed-end funds, Liberty All-Star Growth Fund distinguishes itself through its rigorous multi-cap investment model and diversified sector exposure. The Fund’s active oversight and integration of different investment approaches reflect a balanced strategy that aims to harness opportunities in various market cycles. By allocating investments across multiple industries, the Fund not only spreads risk but also positions itself to capture growth across economic sectors, a pivotal aspect that drives its long-term capital appreciation objective.

Investment Approach and Industry Insights

The Fund’s strategy is anchored in analytical rigor and a deep understanding of market mechanics. Investment decisions are made based on detailed evaluations of trends within consumer behavior, technological advances, and industrial innovation, ensuring that each sector exposure is justified by sound financial analysis and strategic insight. The approach emphasizes quality in stock selection, rigorous risk management, and the continuous rebalancing of the portfolio. Furthermore, the structure and management experience evident in this closed-end fund enhance its credibility and appeal among investors looking for detailed insight into an alternative investment vehicle.

Key Features

  • Diversified Portfolio: Investments spread across multiple industries, reducing sector-specific risk.
  • Multi-Cap Strategy: Incorporates small-, mid-, and large-cap growth managers to cover various market segments.
  • Active Management: Continuous monitoring and rebalancing by an experienced investment advisory team.
  • Closed-End Structure: Trades publicly, with market price dynamics that reflect both premiums and discounts to NAV.
  • Risk Mitigation: Diversification through various revenue streams, from dividends to capital gains.

Investor Questions Answered

The comprehensive approach of Liberty All-Star Growth Fund Inc serves not only to appreciate capital over time but also provides a transparent model that responds to investor queries about asset allocation, risk management, and the underlying factors driving diversified investment returns. This detailed structure and clear delineation between investment segments help demystify the complexities associated with closed-end funds, making it accessible to investors seeking in-depth information on how diversified equity portfolios are managed within broader market contexts.

Rhea-AI Summary
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. (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. (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. (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. (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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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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The Liberty All-Star Growth Fund, Inc. released its August 2023 Monthly Update.
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Liberty All-Star Growth Fund, Inc. (NYSE: ASG) provides the July 2023 Monthly Update, showcasing a diverse investment approach with three growth style investment managers focusing on small-, mid-, and large-cap stocks. The top 20 holdings at month-end and performance data are detailed, along with net assets, sector breakdown, new holdings, and liquidated holdings. The report also explains the net asset value (NAV) and market price, emphasizing the total returns, management fees, and shareholder risks.
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FAQ

What is the current stock price of Liberty All-Star Growth (ASG)?

The current stock price of Liberty All-Star Growth (ASG) is $4.46 as of April 4, 2025.

What is the market cap of Liberty All-Star Growth (ASG)?

The market cap of Liberty All-Star Growth (ASG) is approximately 280.9M.

What is the primary business of Liberty All-Star Growth Fund Inc?

The company is a diversified, closed-end investment fund that aims for long-term capital appreciation by holding a diversified portfolio of equity securities.

How does the Fund generate returns for its investors?

Returns are generated through a combination of dividends, long-term capital gains, and capital appreciation driven by active management and diversified portfolio exposure.

What investment strategy does the company employ?

The Fund utilizes a multi-cap growth approach by combining the expertise of small-, mid-, and large-cap investment managers to capitalize on diverse market opportunities.

How does the closed-end structure affect the Fund's trading?

As a closed-end fund, its shares trade on public exchanges at a market price that may differ from its net asset value, reflecting premiums or discounts based on market perceptions.

What industries does the Fund invest in?

The Fund invests in a broad range of industries, including consumer discretionary, consumer staples, healthcare, industrial, information technology, and others.

How is risk managed in the Fund's portfolio?

Risk is managed through diversification across multiple sectors and market caps, combined with active portfolio rebalancing by experienced investment managers.

How does Liberty All-Star Growth Fund differentiate itself among similar investment options?

Its distinct multi-cap strategy, diversified portfolio, and active management structure set it apart by enabling targeted exposure to various market segments while mitigating concentration risk.
Liberty All-Star Growth

NYSE:ASG

ASG Rankings

ASG Stock Data

280.91M
58.77M
0.34%
28.62%
0.2%
Asset Management
Financial Services
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United States
Denver