Welcome to our dedicated page for Liberty All-Star Equity Fund news (Ticker: USA), a resource for investors and traders seeking the latest updates and insights on Liberty All-Star Equity Fund stock.
Liberty All-Star Equity Fund (NYSE: USA) is a closed-end fund and an open-end multi-managed fund committed to providing substantial current income and long-term capital appreciation. The fund achieves its objectives by investing primarily in a diversified portfolio of equity securities across various sectors, including financials, information technology, healthcare, consumer discretionary, consumer staples, industrials, energy, materials, real estate, utilities, telecommunication, and other services.
The fund employs a unique investment strategy that combines the expertise of three value-style and two growth-style investment managers. Selected managers are known for their consistent investment philosophy, rigorous decision-making process, steady managerial team, and above-average long-term performance compared to peers with similar styles. This multi-manager approach ensures a balanced and diversified portfolio that mitigates risk while aiming for superior returns.
Recent Holdings Updates:
- January 2024: Added CVS Health Corp. and Quest Diagnostics, Inc.; liquidated SAP SE.
- February 2024: Added Lowe's Companies, Inc., Meta Platforms, Inc., TotalEnergies SE, and Waste Management, Inc.; liquidated Cardinal Health, Inc., General Electric Co., and Phillips 66.
- March 2024: Added Humana, Inc.; no liquidations.
- April 2024: Added American Water Works Co., Inc., Cadence Design Systems, Inc., Shopify, Inc., and Synopsys, Inc.; liquidated Crown Castle, Inc., Eaton Corp. PLC, and NIKE, Inc.
- May 2024: Added Aramark; liquidated Ball Corp., Equinix, Inc., Gildan Activewear, Inc., and Walt Disney Co.
The net asset value (NAV) of the fund is determined by the market value of its underlying investments minus liabilities, divided by the total number of shares outstanding. The fund's market price may trade at a premium or a discount relative to its NAV. Performance returns are total returns, including dividends, net of management fees, and other expenses. It is important to note that past performance is not indicative of future results, and performance may vary with market conditions.
Distributions to shareholders may include ordinary dividends, long-term capital gains, and return of capital. The final determination of the source of distributions for tax purposes will be made after the fiscal year-end. A portion of distributions may consist of a return of capital, which will be confirmed in shareholder 1099-DIV forms after year-end.
Liberty All-Star Equity Fund continuously updates its portfolio to reflect market opportunities and strategic adjustments. Investors considering the fund should be prepared for significant value fluctuations and the associated investment risks.
For more information, you can contact Liberty All-Star Equity Fund at 1-800-241-1850 or visit their website at www.all-starfunds.com.
The Liberty All-Star Equity Fund (NYSE: USA) released its January 2023 Monthly Update highlighting a new investment in Charter Communications and liquidation of McKesson and NRG Energy. The fund, which employs a large-cap core strategy, reported a net asset value (NAV) of
The Liberty All-Star Equity Fund (NYSE:USA) reported its December 2022 monthly update, highlighting its large-cap core investment strategy, which combines five investment managers. The fund's top holdings include major companies such as Microsoft (2.8%) and Alphabet (2.6%). The net asset value (NAV) decreased to $5.90, down 5.30% for the month and 20.11% year-to-date. The fund's market price also reflected a decline of 9.95% in December. As of month-end, total net assets stood at $1,566 million, with 97.4% invested in equities. Significant changes included the addition of Magna International and the liquidation of Abbott Laboratories.
The Board of Trustees of Liberty All-Star Equity Fund (USA) has declared a distribution of $0.15 per share, payable on March 6, 2023. Shareholders of record by January 20, 2023 will receive this payment, which aligns with the fund's policy of distributing approximately 10% of its net asset value annually. The distribution may consist of various sources beyond net income. Newly issued shares will be provided to shareholders enrolled in the Dividend Reinvestment Plan, while others may opt for cash.ALPS Advisors, Inc. manages the fund, which has over $1.6 billion in net assets.
The Liberty All-Star Equity Fund (NYSE: USA) released its monthly update for November 2022, highlighting an end-of-month NAV of $6.23 and a market price of $6.33. The fund employed a strategy blending various value and growth managers, showing a year-to-date performance decline of -15.76%. The top holdings include prominent companies like Alphabet (2.9%) and Microsoft (2.8%). The fund's total net assets reached $1,636.2 million, with 99.6% invested in equities. New holdings included Aon PLC, while Twilio and Tyson Foods were liquidated.
The October 2022 update for the Liberty All-Star Equity Fund (NYSE: USA) highlights a strong monthly performance, with a NAV increase of 9.06% and a market price appreciation of 9.95%. The fund's net assets totaled $1,581.4 million, with 97.8% invested in equities. Top holdings included Microsoft (2.6%), Alphabet (2.5%), and Amazon (2.0%). The fund emphasizes a large-cap core investment strategy through a mix of value and growth managers. Year-to-date performance stood at 20.52%. New holdings included Sysco Corp, while Exxon Mobil and Meta were liquidated.
The Liberty All-Star Equity Fund (NYSE: USA) has announced a distribution of $0.15 per share, payable on January 3, 2023, for shareholders of record as of November 18, 2022. This distribution aligns with the Fund's policy of approximately 10 percent of its net asset value annually, distributed quarterly. Shareholders can opt for cash or reinvest in new shares at the lower of the December 16, 2022 net asset value or market price. The Fund manages over $1.5 billion in net assets as of November 4, 2022.
The Liberty All-Star Equity Fund (NYSE: USA) reported its September 2022 monthly update highlighting a significant decline in performance, with a -9.21% return for the month and a -27.12% return year-to-date. The fund's net assets stood at $1,451.2 million, with 98% invested in equities. Top holdings included Alphabet, Microsoft, and Amazon, representing 31.1% of the portfolio. The fund's strategy involves a mix of value and growth investment managers. Investors should note the fund's market price has fluctuated, trading at a 4.1% premium above NAV at month-end.
The Liberty All-Star Equity Fund (NYSE: USA) released its August 2022 Monthly Update, showcasing a 4.55% decline in performance for the month and a 19.72% year-to-date decrease. The fund's total net assets stand at $1.597 billion, with 98.7% invested in equities. Top holdings include Alphabet (2.9%), Microsoft (2.5%), and Amazon (2.4%). The fund employs a mixed investment strategy utilizing five different managers. The value at the beginning of the month was $6.37, ending at $6.08.
The Liberty All-Star Equity Fund (Ticker: USA) reported its July 2022 monthly update, showcasing a total net asset value of $1,656.7 million. The fund employs a large-cap core investment strategy using a mix of value and growth managers. The top holdings include Alphabet (2.9%), Microsoft (2.5%), and Amazon (2.4%). Monthly performance reflected a 7.90% gain, with year-to-date returns at -15.87%. The fund's market price was $6.78, trading at a premium of 6.4% above NAV of $6.37. New holdings include Merck and Starbucks, while Chubb and Disney were liquidated.
The Liberty All-Star Equity Fund (NYSE: USA) provided its June 2022 monthly update highlighting its investment strategy, which combines value and growth investment styles. The top holdings include Alphabet (2.9%), Microsoft (2.4%), and UnitedHealth Group (2.1%). The fund reported a 9.57% performance decline for June, with a year-to-date performance loss of 22.04%. As of June 30, 2022, the net assets stood at $1.57 billion, with 98.3% invested in equities. No new holdings were added, while holdings liquidated included Baker Hughes and Illumina.
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