Welcome to our dedicated page for Liberty All-Star Growth news (Ticker: ASG), a resource for investors and traders seeking the latest updates and insights on Liberty All-Star Growth stock.
Liberty All-Star Growth Fund, Inc. reports recurring closed-end fund updates for its NYSE-listed shares under the symbol ASG. The fund seeks long-term capital appreciation through a diversified equity portfolio and uses a multi-manager growth strategy with distinct small-, mid- and large-capitalization mandates selected and monitored by its investment advisor.
Company news commonly covers monthly net asset value, market price and discount data, total-return performance, sector allocation across areas such as information technology, industrials, health care and consumer discretionary, quarterly distribution declarations, dividend reinvestment mechanics and investment manager changes within the fund's growth portfolio structure.
The Board of Directors of Liberty All-Star Growth Fund (NYSE: ASG) has declared a distribution of $0.16 per share, payable March 8, 2021, to shareholders on record as of January 22, 2021 (ex-dividend date January 21, 2021). This payment aligns with the Fund's distribution policy, targeting 8% of its net asset value annually in four quarterly installments. A portion may derive from sources other than net income. The distribution will be issued in newly created shares unless opted for cash, calculated at the lower of the February 19, 2021, net asset value or market value.
The Liberty All-Star Growth Fund (NYSE: ASG) announced its November 2020 update, highlighting a strategic investment approach that incorporates three growth style managers focusing on small, mid, and large-cap stocks. The fund reported a net asset value (NAV) increase for the month to $7.51, reflecting a performance return of 11.73%. Notably, the fund's total assets reached $314.3 million with a percent invested at 101.5%. Top holdings include Chegg, Inc. (2.1%) and Progyny, Inc. (2.0%). The fund aims to deliver significant growth while managing risks associated with market fluctuations.
The Liberty All-Star Growth Fund (NYSE: ASG) reported its October 2020 monthly update, noting a net asset value (NAV) of $6.95 at month-end. The fund's market price was $7.20, indicating a premium of 3.6%. Performance for the month showed a slight decline of -0.14%, while year-to-date returns increased to 19.92%. The fund is primarily invested in equities, with total net assets of $291 million. Key sectors include Information Technology (30.3%) and Health Care (26.1%). New holdings included Eargo, Inc. and Entegris, Inc., while Varian Medical Systems, Inc. was liquidated.
The Board of Directors of Liberty All-Star Growth Fund (NYSE: ASG) has announced a distribution of $0.26 per share, scheduled for January 4, 2021, to shareholders of record as of November 13, 2020. This distribution comprises $0.14 per share under the Fund's annual distribution policy and $0.12 per share to meet federal excise tax requirements. Investors can opt for cash or newly issued shares, priced at the lower of the December 11, 2020 net asset value or market value. The Fund manages over $290 million in net assets as of October 30, 2020.
Liberty All-Star Growth Fund (NYSE: ASG) released its September 2020 update, showcasing an investment strategy that combines small-, mid-, and large-cap growth styles managed by three distinct firms. As of September 30, 2020, the total net assets stood at $291.6 million, with equities accounting for $286.7 million. The fund's NAV decreased by 2.25% this month, while the market price saw a decline of 7.06%. Top holdings include FirstService Corp (2.1%) and Chegg, Inc (2.0%). The fund showed a year-to-date performance of 20.09%, reflecting positive market conditions despite recent monthly losses.
The Liberty All-Star Growth Fund (NYSE: ASG) provided its August 2020 Monthly Update, detailing its investment approach and performance metrics. The fund employs an all-cap growth strategy with three distinct managers focusing on small-, mid-, and large-cap investments. As of August 31, 2020, the net assets totaled $296.4 million, with 99% invested in equities. The fund reported a year-to-date performance of 22.85%, and a month-end NAV of $7.12, reflecting a 5.17% monthly increase. Key holdings include FirstService Corp., Chegg, Inc., and Nevro Corp. The sector breakdown highlights significant exposure in Information Technology (31.1%) and Health Care (26.0%).
The Liberty All-Star Growth Fund (NYSE: ASG) published its July 2020 monthly update. The fund employs an all-cap growth strategy through three managers focusing on small-, mid-, and large-cap investments. As of July 31, 2020, total net assets were $281.8 million, with 99.9% invested in equities. The fund’s NAV increased by 6.32% for the month, while the market price rose by 15.37%. The top holdings included Chegg, Inc. and Microsoft Corp., and the portfolio emphasized Information Technology (31.8%) and Health Care (25.1%). Recent changes include new positions in Neurocrine Biosciences, Inc. and Vertex, Inc.
Liberty All-Star Growth Fund (NYSE: ASG) released its monthly update for June 2020, highlighting a significant increase in NAV to $6.49, a 3.18% monthly performance. The fund's total net assets reached $270.1 million, with equities valued at $264.5 million, representing a 97.9% investment rate. The fund's top sectors include Information Technology (32.7%) and Health Care (24.6%). New investment holdings included Core Laboratories and Horizon Therapeutics. The fund remains focused on all-cap growth strategies through diverse investment managers.
The Liberty All-Star Growth Fund (NYSE: ASG) reported its May 2020 Monthly Update, highlighting a net asset value (NAV) increase to $6.29 from $5.68 at the beginning of the month, reflecting a performance gain of 10.74%. The fund's market price rose to $5.96, showing a 5.2% discount. The total net assets stood at $260.6 million, with equities valued at $258.5 million, and a 99.2% investment rate. Key holdings included Paylocity, FirstService, and Nevro Corp.