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) released its March 2023 Monthly Update, detailing a fund style focused on all-cap growth through three distinct investment managers: Weatherbie Capital for small-cap, Congress Asset Management for mid-cap, and Sustainable Growth Advisers for large-cap.
As of March 31, 2023, the Fund's net assets totaled $315.1 million, with 98.1% invested in equities. The top holdings include major firms like SPS Commerce (2.7%) and Microsoft (2.0%).
The Fund's performance shows a 0.55% increase for the month and a 6.55% year-to-date return, with the net asset value (NAV) increasing from $5.43 to $5.46, while the market price slightly improved from $5.24 to $5.28.
The Board of Directors of Liberty All-Star Growth Fund (NYSE: ASG) has declared a $0.11 per share distribution, scheduled for payment on June 5, 2023, to shareholders of record as of April 21, 2023. This distribution aligns with the Fund's policy of distributing approximately 8% of net asset value annually, issued in four quarterly installments of 2%. A portion may be sourced from non-net income resources, including capital gains and return of capital. The actual distribution source for 2023 will be finalized after year-end.
The payment will be made in newly issued shares for most shareholders, with certain exceptions for cash election. Shares will be issued at the lower of the May 19, 2023 net asset value or market price, not below 95% of market value. The fund has over $308 million in net assets as of April 6, 2023.
The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) released its February 2023 Monthly Update, detailing its investment strategy, performance metrics, and top holdings. The fund employs a multi-manager approach across small-, mid-, and large-cap growth investments. As of February 28, 2023, the fund's net assets totaled $310.7 million, with 99.3% invested in equities. The fund's performance for February showed a decline of 3.21% in NAV and a market price decrease of 2.24%. Notable top holdings included SPS Commerce, Casella Waste Systems, and Visa. The fund introduced ServiceNow while liquidating Horizon Therapeutics and Match Group.
The Liberty All-Star Growth Fund (NYSE: ASG) released its January 2023 Monthly Update, focusing on its all-cap growth investment strategy, which utilizes three distinct investment managers. As of January 31, 2023, the fund's NAV was $5.61, down from $5.23 at the beginning of the month. The market price fell to $5.36, leading to a -4.5% discount. The fund’s top holdings include SPS Commerce (2.6%) and Montrose Environmental Group (1.9%). The fund reported a monthly performance of 9.47% and a year-to-date performance of 9.47%. Net assets total $321.2 million, fully invested.
The Liberty All-Star Growth Fund (NYSE: ASG) provided its monthly update for December 2022. The fund follows an all-cap growth investment strategy managed by three distinct growth style managers focusing on small, mid, and large-cap equities. Notably, as of December 31, 2022, the fund had a net asset value of $299 million, with 98% invested in equities. The top five holdings included SPS Commerce (2.7%), Microsoft (2.0%), and Montrose Environmental Group (1.9%). The fund's performance for December showed a decline of 6.27%, with a year-to-date performance drop of 30.98%. The fund traded at a market price of $4.93, reflecting a discount of 5.7% compared to its NAV.
On January 9, 2023, Liberty All-Star Growth Fund (NYSE: ASG) announced a distribution of $0.11 per share, payable on March 6, 2023. Shareholders of record by January 20, 2023 will benefit, with an ex-dividend date set for January 19, 2023. This distribution aligns with the Fund's policy of distributing approximately 8% of its net asset value annually, through four quarterly payments. The distribution will predominantly be in newly issued shares, valued at either the February 17, 2023 net asset value or market value.
Liberty All-Star Growth Fund, Inc. (NYSE: ASG) released its November 2022 Monthly Update, highlighting an investment approach combining three distinct growth managers. The fund's net assets stood at $316.6 million, with 99.4% invested in equities. The NAV increased to $5.58 despite a 3.0% discount from market price. Monthly performance was 5.24%, year-to-date performance reported at -26.45%. Major sector allocations included Information Technology (27.4%) and Health Care (20.6%). New holdings added include Aon PLC and Avery Dennison Corp.
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