Liberty All-Star® Equity Fund Declares Distribution

Rhea-AI Summary

The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has announced a distribution of $0.20 per share, payable on March 7, 2022. Shareholders of record as of January 21, 2022, will receive the distribution, which follows a policy of about 10% of the fund's net asset value annually, distributed in quarterly installments. This distribution may be sourced from capital gains or return of capital. Shares for the distribution will be issued at the lower of the February 18, 2022 net asset value or market value. The fund manages over $2.0 billion in assets.

Positive

• Declared distribution of $0.20 per share, reflecting a 10% annual distribution policy.
• Strong asset base with over $2.0 billion in net assets.
• Distribution provides investors with an opportunity for returns through equity distribution.

Negative

• None.

BOSTON, Jan. 10, 2022 /PRNewswire/ -- The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has declared a distribution of $0.20 per share payable on March 7, 2022 to shareholders of record on January 21, 2022 (ex-dividend date of January 20, 2022). This distribution is in accordance with the Fund's current distribution policy of paying distributions on its shares totaling approximately 10 percent of its net asset value per year, payable in four quarterly installments of 2.5 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 2022 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 Equity Fund's Dividend Reinvestment Plan and who elect to receive the distribution in cash.  Shares will be issued at the lower of the February 18, 2022 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 USA. ALPS Advisors, Inc. is the investment advisor of the Fund, a multi-managed, closed-end investment company with more than $2.0 billion in net assets as of January 7, 2022.

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^® Equity Fund
1-800-241-1850
www.all-starfunds.com

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SOURCE Liberty All-Star® Equity Fund

FAQ

What is the dividend distribution amount for Liberty All-Star Equity Fund (USA) in 2022?

Liberty All-Star Equity Fund (USA) has declared a distribution of $0.20 per share for 2022.

When will the distribution for Liberty All-Star Equity Fund (USA) be paid?

The distribution will be paid on March 7, 2022.

What is the record date for the Liberty All-Star Equity Fund (USA) distribution?

The record date for the distribution is January 21, 2022.

What is the annual distribution policy percentage for Liberty All-Star Equity Fund (USA)?

The fund's annual distribution policy is approximately 10% of its net asset value.

How is the distribution for Liberty All-Star Equity Fund (USA) issued?

The distribution will be issued in newly issued shares or cash for those not participating in the Dividend Reinvestment Plan.