Welcome to our dedicated page for Liberty All-Star Equity news (Ticker: USA), a resource for investors and traders seeking the latest updates and insights on Liberty All-Star Equity stock.
Liberty All-Star Equity Fund (USA) provides investors with comprehensive news coverage and official updates about this multi-managed investment vehicle. Track earnings announcements, portfolio adjustments, and strategic initiatives through our curated collection of press releases and market analyses.
This resource delivers timely updates on the fund's dual focus of income generation and capital appreciation, with insights into sector allocations across financials, technology, healthcare, and other key industries. Access critical information about manager decisions, NAV performance, and diversification strategies in one centralized location.
Our news coverage spans quarterly earnings reports, dividend declarations, risk management updates, and strategic partnership announcements. Bookmark this page for ongoing access to verified information about the fund's performance and market positioning.
Americas Gold and Silver Corporation (TSX: USA, NYSE American: USAS) announced its financial results for 2020, reporting revenues of $27.9 million and a net loss of $30.1 million (loss of $0.24 per share). The illegal blockade at the Cosalá Operations and the implementation of a Recapitalization Plan hindered operations. Despite challenges, the Galena Complex saw a production increase of over 70% in Q4-2020, producing 294,000 ounces of silver. The Company remains optimistic about the resolution of the blockade and plans to ramp up production at the Relief Canyon mine by Q2-2021.
The Liberty All-Star Equity Fund (USA) released its February 2021 update, reporting a net asset value (NAV) of $1,613.6 million and an equity portfolio valued at $1,616.9 million, with 100.2% of assets invested. The fund's performance for February was 5.39%, with a year-to-date return of 3.38%. The top holdings include Amazon, PayPal, and Alphabet, comprising 31.3% of the portfolio. New holdings include Crown Castle, while BioMarin and Pioneer Natural Resources were liquidated. The fund's strategy integrates multiple investment styles for enhanced returns.
The Liberty All-Star Equity Fund (USA) released its January 2021 Monthly Update, revealing a net asset value (NAV) of $7.05, down from $7.37 at the beginning of the month. The fund's market price decreased to $6.81, marking a 3.4% discount. The fund's strategies involve both value and growth investments managed by five distinct firms. January's performance recorded a total return of -1.67%, with 99.4% of assets invested in equities. Major holdings included Amazon (2.5%), PayPal (2.4%), and Adobe (2.0%), highlighting a focus on technology and financial sectors.
Americas Gold and Silver Corporation has successfully closed an upsized bought deal financing, generating aggregate gross proceeds of C$33,937,854 through the sale of 10,253,128 common shares at C$3.31 each. The proceeds will fund working capital for the Relief Canyon mine, development at the 60%-owned Galena Complex, care for the Cosalá Operations, and debt repayment. The offering adheres to a short form prospectus filed in Canada, excluding Quebec, and is not registered under U.S. securities laws, limiting its sale in the U.S.
The Liberty All-Star Equity Fund (NYSE: USA) has released its December 2020 Monthly Update. The fund, employing a large-cap core strategy, works with a blend of five experienced investment managers. As of December 31, 2020, the net assets totaled $1,599.1 million with 97.8% invested in equities. The fund's monthly performance recorded a 3.66% increase in NAV, leading to a year-to-date performance of 18.03%. The top holdings include Amazon, PayPal, and Adobe. New investments included Amdocs and Walt Disney, while Becton Dickinson was liquidated.
Americas Gold and Silver Corporation has announced that its Relief Canyon mine in Nevada has declared commercial production effective January 11, 2020. The first gold was poured in February 2020, and following the return of the radial stacker in December, the mine has met necessary stacking rates. Full production ramp-up is targeted for mid-May 2021. The company’s President & CEO, Darren Blasutti, expressed satisfaction with overcoming challenges faced during commissioning, including the impacts of the COVID-19 pandemic.
The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has announced a distribution of $0.19 per share, set to be paid on March 8, 2021. Shareholders of record on January 22, 2021 will receive this distribution, with the ex-dividend date on January 21, 2021. The distribution aligns with the Fund's policy of approximately 10% of its net asset value, distributed quarterly. A portion may come from sources other than net income, impacting tax reporting. Shareholders not enrolled in the Dividend Reinvestment Plan can opt for cash payments instead of new shares.
Americas Gold and Silver Corporation (USA, USAS) reported a strong Q4-2020 for the Galena Complex, producing approximately 295,000 ounces of silver and 5.8 million pounds of lead, marking over 100% increase on an AgEq basis year-over-year. The company plans to escalate production to 1.8-2.0 million ounces of silver annually by 2022. However, commercial production at the Relief Canyon mine is delayed due to COVID-19 and winter weather, with expectations to commence by mid-January 2021. The recapitalization plan at Galena is ongoing, showcasing positive exploration results and increased mineral resource estimates.
The Liberty All-Star Equity Fund (NYSE: USA) released its monthly update for November 2020, highlighting its large-cap core investment strategy that utilizes both value and growth managers. The fund's net assets reached $1,528.8 million, with a 99.5% investment rate. November performance showed a 13.27% increase in NAV, while market price increased by 16.03%, although the fund traded at a -7.6% discount. Top holdings included Amazon.com, PayPal, and Adobe. A distribution of $0.16 per share was declared on November 12, 2020.
The Liberty All-Star Equity Fund (NYSE: USA) released its October 2020 update, highlighting that the fund employs a large-cap core investment strategy with a blend of value and growth managers. As of the end of October, the net assets totaled $1,382.7 million, with 97.3% of these being invested in equities. The fund's NAV decreased slightly from $6.46 to $6.43, reflecting a monthly performance of -0.46%. The top holdings include Amazon (2.6%) and PayPal (2.2%), with a sector allocation favoring Information Technology (22.1%).
Investors are advised to note potential risks and fluctuations associated with their investments.
