Liberty All-Star® Equity Fund October 2024 Monthly Update
The Liberty All-Star Equity Fund (NYSE: USA) released its October 2024 monthly update. The fund, which combines three value-style and two growth-style investment managers, reported a net asset value (NAV) decrease from $7.17 to $7.07, representing a -1.39% monthly performance. The market price declined from $7.10 to $7.03, showing a -0.99% monthly return. Year-to-date performance stands at 13.17% (NAV) and 19.06% (market price). The fund's total net assets were $2,021.2 million, with 97.3% invested in equities. The top three holdings were NVIDIA (3.8%), Microsoft (3.6%), and Alphabet (2.7%).
Il Liberty All-Star Equity Fund (NYSE: USA) ha pubblicato il suo aggiornamento mensile di ottobre 2024. Il fondo, che combina tre gestori di investimento a valore e due a crescita, ha riportato una diminuzione del valore netto degli attivi (NAV) da $7.17 a $7.07, rappresentando una performance mensile di -1.39%. Il prezzo di mercato è sceso da $7.10 a $7.03, mostrando un ritorno mensile di -0.99%. La performance dall'inizio dell'anno è del 13.17% (NAV) e del 19.06% (prezzo di mercato). Gli attivi netti totali del fondo ammontavano a $2,021.2 milioni, con il 97.3% investito in azioni. Le prime tre partecipazioni erano NVIDIA (3.8%), Microsoft (3.6%) e Alphabet (2.7%).
El Liberty All-Star Equity Fund (NYSE: USA) publicó su actualización mensual de octubre de 2024. El fondo, que combina tres gestores de inversión de estilo valor y dos de estilo crecimiento, reportó una disminución en el valor neto de los activos (NAV) de $7.17 a $7.07, lo que representa un rendimiento mensual de -1.39%. El precio de mercado cayó de $7.10 a $7.03, mostrando un retorno mensual de -0.99%. El rendimiento acumulado del año es del 13.17% (NAV) y del 19.06% (precio de mercado). Los activos netos totales del fondo eran de $2,021.2 millones, con un 97.3% invertido en acciones. Las tres principales participaciones eran NVIDIA (3.8%), Microsoft (3.6%) y Alphabet (2.7%).
리버티 올스타 주식 펀드 (NYSE: USA)는 2024년 10월 월간 업데이트를 발표했습니다. 가치 스타일의 투자 관리자 3명과 성장 스타일의 투자 관리자 2명을 조합한 이 펀드는 순자산가치(NAV)가 $7.17에서 $7.07로 감소하여 -1.39%의 월간 실적을 기록했습니다. 시장 가격은 $7.10에서 $7.03로 하락하여 -0.99%의 월간 수익률을 나타냈습니다. 연초 대비 성과는 13.17% (NAV) 및 19.06% (시장 가격)입니다. 펀드의 총 순자산은 $2,021.2 백만 달러로, 97.3%가 주식에 투자되었습니다. 주요 세 가지 보유 종목은 NVIDIA (3.8%), Microsoft (3.6%) 및 Alphabet (2.7%)입니다.
Le Liberty All-Star Equity Fund (NYSE: USA) a publié sa mise à jour mensuelle d'octobre 2024. Le fonds, qui combine trois gestionnaires de style valeur et deux de style croissance, a signalé une diminution de la valeur nette des actifs (NAV) de $7.17 à $7.07, représentant une performance mensuelle de -1.39%. Le prix du marché a baissé de $7.10 à $7.03, affichant un rendement mensuel de -0.99%. La performance depuis le début de l'année est de 13.17% (NAV) et 19.06% (prix du marché). Les actifs nets totaux du fonds s'élevaient à $2,021.2 millions, avec 97.3% investis en actions. Les trois principales participations étaient NVIDIA (3.8%), Microsoft (3.6%) et Alphabet (2.7%).
Der Liberty All-Star Equity Fund (NYSE: USA) hat sein monatliches Update für Oktober 2024 veröffentlicht. Der Fonds, der drei Value-Style- und zwei Growth-Style-Investmentmanager vereint, berichtete von einem Rückgang des Nettovermögenswerts (NAV) von $7.17 auf $7.07, was eine monatliche Performance von -1.39% darstellt. Der Marktpreis fiel von $7.10 auf $7.03 und zeigte eine monatliche Rendite von -0.99%. Die Performance seit Jahresbeginn liegt bei 13.17% (NAV) und 19.06% (Marktpreis). Die gesamten Nettovermögen des Fonds betrugen $2,021.2 Millionen, wobei 97.3% in Aktien investiert waren. Die drei größten Positionen waren NVIDIA (3.8%), Microsoft (3.6%) und Alphabet (2.7%).
- Strong year-to-date performance of 19.06% in market price
- High investment rate with 97.3% of assets invested in equities
- Significant total net assets of $2.02 billion
- Monthly NAV decline of -1.39%
- Market price decreased by -0.99% in October
Insights
This monthly update reveals several key insights about the Liberty All-Star Equity Fund's performance and positioning. The fund showed a
The portfolio remains heavily invested at
Liberty All-Star Equity Fund
Ticker:
Monthly Update, October 2024
Investment Approach:
Fund Style: Large-Cap Core
Fund Strategy: Combines three value-style and two growth-style investment managers. Those selected demonstrate a consistent investment philosophy, decision making process, continuity of key people and above-average long-term results compared to managers with similar styles.
Investment Managers:
Value Managers:
- Aristotle Capital Management, LLC
- Fiduciary Management, Inc.
- Pzena Investment Management, LLC
Growth Managers:
- Sustainable Growth Advisers, LP
- TCW Investment Management Company
Top 20 Holdings at Month-End: | ||
( | ||
1 | NVIDIA Corp. | 3.8 % |
2 | Microsoft Corp. | 3.6 % |
3 | Alphabet, Inc. | 2.7 % |
4 | Amazon.com, Inc. | 2.7 % |
5 | UnitedHealth Group, Inc. | 2.2 % |
6 | Visa, Inc. | 1.9 % |
7 | ServiceNow, Inc. | 1.8 % |
8 | Meta Platforms, Inc. | 1.8 % |
9 | Capital One Financial Corp. | 1.5 % |
10 | S&P Global, Inc. | 1.3 % |
11 | Fresenius Medical Care AG | 1.1 % |
12 | Charles Schwab Corp. | 1.1 % |
13 | Ecolab, Inc. | 1.1 % |
14 | Danaher Corp. | 1.1 % |
15 | Booking Holdings, Inc. | 1.1 % |
16 | Berkshire Hathaway, Inc. | 1.0 % |
17 | Sony Group Corp. | 1.0 % |
18 | Ferguson Enterprises, Inc. | 1.0 % |
19 | Gartner, Inc. | 1.0 % |
20 | O'Reilly Automotive, Inc. | 1.0 % |
Holdings are subject to change. | ||
Monthly Performance: | |||
Performance | NAV | Market Price | Discount |
Beginning of month value | -1.0 % | ||
End of month value | -0.6 % | ||
Performance for month | -1.39 % | -0.99 % | |
Performance year-to-date | 13.17 % | 19.06 % | |
Net Assets at Month-End ($millions): | |
Total | |
Equities | |
Percent Invested | 97.3 % |
Sector Breakdown* (% of equity portfolio): | |
Information Technology | 22.1 % |
Financials | 20.6 % |
Health Care | 14.8 % |
Consumer Discretionary | 12.5 % |
Industrials | 9.4 % |
Communication Services | 7.2 % |
Consumer Staples | 4.7 % |
Materials | 4.7 % |
Energy | 1.9 % |
Utilities | 1.5 % |
Real Estate | 0.6 % |
Total Market Value | 100.0 % |
*Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS). | |
New Holdings:
CSX Corp.
Holdings Liquidated:
Northern Trust Corp.
Snowflake, Inc.
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 October 31, 2024 unless otherwise noted.
Liberty All-Star® Equity Fund
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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SOURCE Liberty All-Star Equity Fund
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