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.
Liberty All-Star Growth Fund (NYSE: ASG) released its December 2024 monthly update, revealing a -3.94% NAV performance and -3.75% market price performance for the month. The fund's year-to-date performance showed gains of 15.53% (NAV) and 16.53% (market price).
The fund's total net assets were $372.4 million, with 97.7% invested in equities. The portfolio's top sector allocations were Information Technology (29.5%), Health Care (16.8%), and Industrials (16.8%). The fund's top holdings included NVIDIA (3.7%), Apple (3.2%), and Amazon (3.1%), with the top 20 holdings comprising 39.4% of the equity portfolio.
During December, the fund added Check Point Software Technologies and Lam Research while liquidating seven positions including Cadence Design Systems and SAP SE. The fund traded at a -7.4% discount to NAV at month-end.
Liberty All-Star Growth Fund (NYSE: ASG) has announced a quarterly distribution of $0.12 per share, payable on March 10, 2025, to shareholders of record on January 24, 2025. This aligns with the Fund's policy of distributing approximately 8% of its net asset value annually in four quarterly installments of 2%.
The distribution will be paid in newly issued shares, except for shareholders not participating in the Dividend Reinvestment Plan who elect cash payments. Shares will be issued at the lower of February 21, 2025 NAV or market value, but not below 95% of market value.
The Fund, managed by ALPS Advisors, Inc., is a closed-end investment company with over $371 million in net assets as of January 10, 2025. Trading on the NYSE under symbol ASG, the Fund operates in the secondary market rather than continuously issuing shares.
The Liberty All-Star Growth Fund (NYSE: ASG) released its November 2024 monthly update, showing strong performance with an 8.72% NAV increase and 7.73% market price growth for the month. The fund's year-to-date performance reached 20.25% for NAV and 21.05% for market price. The fund combines three investment managers focusing on small-, mid-, and large-cap growth stocks.
The fund's top holdings include major tech companies, with NVIDIA (3.9%), Apple (3.0%), and Amazon (2.9%) leading the portfolio. The fund's sector allocation is heavily weighted towards Information Technology (28.4%), followed by Industrials (17.6%) and Health Care (16.5%). Total net assets stood at $384.8 million with 99.7% invested in equities. The fund traded at a -7.6% discount to NAV at month-end.
The Liberty All-Star Growth Fund (NYSE: ASG) released its October 2024 monthly update. The fund, which combines three growth-style investment managers focusing on small-, mid-, and large-cap stocks, reported a -1.16% NAV performance and -0.89% market price performance for October. Year-to-date performance stands at 10.60% for NAV and 12.36% for market price.
The fund's top holdings include NVIDIA (4.0%), Apple (3.1%), and Microsoft (2.9%). The portfolio is primarily invested in Information Technology (29.3%), Health Care (17.4%), and Industrials (17.3%). Total net assets at month-end were $361.4 million, with 97.5% invested in equities.
Liberty All-Star Growth Fund (NYSE: ASG) has announced a $0.12 per share distribution payable on January 2, 2025, to shareholders of record on November 15, 2024. This aligns with their policy of distributing approximately 8% of net asset value annually in four quarterly installments. The distribution will be paid in newly issued shares, except for shareholders not participating in the Dividend Reinvestment Plan who elect cash payments. The Fund, with over $363 million in net assets as of November 1, 2024, trades on the NYSE and is managed by ALPS Advisors.
The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has released its September 2024 Monthly Update. The fund combines three growth style investment managers focusing on small-, mid-, and large-cap stocks. As of September 30, 2024, the fund's net assets totaled $365.8 million, with 97.7% invested in equities.
The fund's top holdings include NVIDIA Corp. (3.6%), Apple, Inc. (3.2%), and Microsoft Corp. (3.0%). The sector breakdown shows a concentration in Information Technology (29.7%), Health Care (18.5%), and Industrials (17.2%).
For September, the fund's NAV performance was 1.17%, while its market price performance was 2.37%. Year-to-date, the NAV and market price performances were 11.90% and 13.37%, respectively. The fund's discount narrowed from -8.1% to -7.0% during the month.
The Liberty All-Star Growth Fund (NYSE: ASG) released its August 2024 Monthly Update. The fund, which combines three growth-style investment managers focusing on small-, mid-, and large-cap stocks, reported a 2.05% increase in Net Asset Value (NAV) and a 1.29% increase in market price for the month. Year-to-date performance showed gains of 10.60% for NAV and 10.75% for market price. The fund's total net assets at month-end were $361.2 million, with 98.3% invested in equities. The top three sector allocations were Information Technology (26.4%), Health Care (21.4%), and Industrials (16.5%). The fund's top holding was Amazon.com at 2.4% of the equity portfolio. New holdings added include Halozyme Therapeutics, MYR Group, and US Foods Holding Corp, while Darden Restaurants, Definitive Healthcare, and STERIS PLC were liquidated.
The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) released its July 2024 Monthly Update. The fund, which combines three growth-style investment managers focusing on small-, mid-, and large-cap stocks, reported a net asset value (NAV) of $5.84 and a market price of $5.41 at month-end. The fund's performance for the month was 2.39% (NAV) and 3.56% (market price), with year-to-date performance at 8.35% and 9.31% respectively.
The fund's total net assets were $351.5 million, with 99.1% invested in equities. The top three sectors in the portfolio were Information Technology (26.6%), Health Care (21.6%), and Industrials (16.4%). The fund added four new holdings and liquidated four others during the month. A distribution of $0.12 per share was made on July 19th.
The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has released its June 2024 Monthly Update. The fund, which combines three growth style investment managers focusing on small-, mid-, and large-cap stocks, reported a net asset value (NAV) of $5.83 and a market price of $5.34 at month-end. The fund's performance for the month was 1.57% (NAV) and 2.10% (market price), with year-to-date performance at 5.82% and 5.55% respectively.
The fund's top holdings include Microsoft, Amazon, and SPS Commerce. The sector breakdown shows a significant allocation to Information Technology (27.4%), Health Care (20.3%), and Industrials (17.5%). New additions to the portfolio include Apple and Gartner, while holdings in Bruker Corp and ChampionX Corp were liquidated.
The Board of Directors of Liberty All-Star Growth Fund (NYSE: ASG) announced a $0.12 per share distribution, payable on September 3, 2024, to shareholders recorded by July 19, 2024. This aligns with the Fund's policy of distributing approximately 8% of its net asset value annually in four quarterly payments of 2%. The source of this distribution may include net income, capital gains, or return of capital. Shareholders will receive new shares unless they opt for cash. The issued shares will be priced at the lower of the August 16, 2024 net asset value or market value, but not less than 95% of market value. The Fund's shares are listed on the NYSE under ASG, and ALPS Advisors, Inc. manages the Fund. As of July 5, 2024, the Fund managed over $352 million in net assets.