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 (NYSE: ASG) operates as a diversified closed-end investment company focused on long-term capital appreciation through multi-cap growth strategies. This news hub provides investors with direct access to all official corporate developments, financial updates, and market-related announcements.
Our curated collection serves as a comprehensive resource for tracking ASG's portfolio adjustments, management decisions, and sector-specific investments across consumer discretionary, healthcare, technology, and industrial markets. Users benefit from chronological organization of press releases paired with contextual financial reporting.
The archive includes essential updates such as quarterly earnings disclosures, dividend declarations, NAV calculations, portfolio rebalancing details, and regulatory filings. All content is sourced directly from company communications to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of ASG's closed-end fund performance, manager commentaries, and strategic initiatives. Regular updates provide investors with the necessary tools to track this multi-cap growth vehicle's market positioning and investment decisions.
The Liberty All-Star Growth Fund (NYSE: ASG) announced that Westfield Capital Management will join as one of its investment managers, pending stockholder approval at the annual meeting on August 28, 2024.
Westfield will manage the large-cap growth portion of the Fund, taking over from Sustainable Growth Advisers. Weatherbie Capital and Congress Asset Management will continue managing the small-cap and mid-cap growth portions respectively. The Fund, managed by ALPS Advisors, has over $347 million in net assets as of June 6, 2024, and trades on the NYSE.
Investors are reminded that the Fund involves risks, including loss of principal, and trades in the secondary market. For more information, contact Liberty All-Star Growth Fund or visit their website.
The Liberty All-Star Growth Fund (NYSE: ASG) released its April 2024 monthly update, detailing its investment strategy and performance. The fund integrates three distinct growth style managers focusing on small-cap, mid-cap, and large-cap investments. Key holdings include SPS Commerce (2.4%), Amazon (2.3%), and Microsoft (2.2%).
The fund's NAV decreased from $6.08 to $5.58, and the market price fell from $5.49 to $5.09, reflecting monthly performance declines of 6.06% and 5.10%, respectively. Year-to-date, the NAV and market price increased by 1.36% and 0.69%.
The sector allocation as of April 30, 2024, includes Information Technology (24.2%), Health Care (22.3%), and Industrials (17.3%). New additions to the portfolio are Descartes Systems Group, First Advantage Corp, and others, while Agiliti and Dril-Quip were liquidated. Total net assets stood at $333.0 million, with equities at $335.8 million.
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