Liberty All-Star® Growth Fund, Inc. February 2025 Monthly Update
Rhea-AI Summary
Liberty All-Star Growth Fund (NYSE: ASG) has released its February 2025 monthly update. The fund employs a unique all-cap growth strategy combining three distinct investment managers focusing on different market capitalizations: Weatherbie Capital (small-cap), Congress Asset Management (mid-cap), and Westfield Capital Management (large-cap).
The fund reported several portfolio changes in February 2025, including six new holdings: Axon Enterprise, Camtek, Datadog, RadNet, Sterling Infrastructure, and Stride. Additionally, six positions were liquidated: Block, CECO Environmental, Regal Rexnord, Savers Value Village, Valvoline, and Watts Water Technologies.
The fund's performance includes total returns net of management fees and expenses, with distributions that may include ordinary dividends, long-term capital gains, and return of capital. The final tax characterization of 2025 distributions will be determined after year-end.
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Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, February 2025
Investment Approach:
Fund Style: All-Cap Growth
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.
Investment Managers:
- Weatherbie Capital, LLC
Small-Cap Growth - Congress Asset Management Company, LLP
Mid-Cap Growth - Westfield Capital Management Company, L.P.
Large-Cap Growth
Top 20 Holdings at Month-End: | ||
( | ||
1 | NVIDIA Corp. | 3.5 % |
2 | Amazon.com, Inc. | 3.1 % |
3 | Apple, Inc. | 3.0 % |
4 | Microsoft Corp. | 2.7 % |
5 | Alphabet, Inc. | 2.5 % |
6 | Meta Platforms, Inc. | 2.4 % |
7 | FirstService Corp. | 2.1 % |
8 | Ollie's Bargain Outlet Holdings, Inc. | 2.0 % |
9 | Casella Waste Systems, Inc. | 1.8 % |
10 | Upstart Holdings, Inc. | 1.8 % |
11 | Visa, Inc. | 1.7 % |
12 | Hamilton Lane, Inc. | 1.7 % |
13 | StepStone Group, Inc. | 1.7 % |
14 | SPS Commerce, Inc. | 1.6 % |
15 | Natera, Inc. | 1.5 % |
16 | Dexcom, Inc. | 1.5 % |
17 | Penumbra, Inc. | 1.3 % |
18 | TransDigm Group, Inc. | 1.2 % |
19 | Brown & Brown, Inc. | 1.2 % |
20 | Semtech Corp. | 1.2 % |
Holdings are subject to change. | ||
Monthly Performance: | |||
Performance | NAV | Market Price | Discount |
Beginning of month value | -7.9 % | ||
End of month value | -8.1 % | ||
Performance for month | -7.92 % | -8.07 % | |
Performance year-to-date | -4.47 % | -5.19 % | |
Net Assets at Month-End ($millions): | |
Total | |
Equities | |
Percent Invested | 99.6 % |
Sector Breakdown* (% of equity portfolio): | |
Information Technology | 28.8 % |
Industrials | 17.4 % |
Health Care | 16.1 % |
Financials | 13.9 % |
Consumer Discretionary | 9.8 % |
Communication Services | 6.3 % |
Consumer Staples | 4.0 % |
Real Estate | 2.1 % |
Materials | 0.9 % |
Energy | 0.7 % |
Total Market Value | 100.0 % |
*Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS). |
New Holdings:
Axon Enterprise, Inc.
Camtek, Ltd.
Datadog, Inc.
RadNet, Inc.
Sterling Infrastructure, Inc.
Stride, Inc.
Holdings Liquidated:
Block, Inc.
CECO Environmental Corp.
Regal Rexnord Corp.
Savers Value Village, Inc.
Valvoline, Inc.
Watts Water Technologies, 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 2025 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 February 28, 2025 unless otherwise noted.
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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SOURCE Liberty All-Star Growth Fund, Inc.
FAQ
What new stocks did Liberty All-Star Growth Fund (ASG) add to its portfolio in February 2025?
Which investment managers handle Liberty All-Star Growth Fund's (ASG) portfolio?
What positions did Liberty All-Star Growth Fund (ASG) liquidate in February 2025?
How does Liberty All-Star Growth Fund (ASG) structure its investment approach?
