Liberty All-Star Growth Stock Price, News & Analysis

Liberty All-Star Growth Fund (ASG) released its March 2021 Monthly Update highlighting its all-cap growth investment approach, utilizing three distinct investment managers. The fund reported a net asset value of $345 million, with approximately 98.6% of the assets invested. The monthly performance showed a NAV increase of 0.50% and a market price decline of 3.80%. Notable top holdings include Progyny, Chegg, and Upstart Holdings, each at 2.0% of the portfolio. The sector breakdown shows significant investments in Information Technology (27.5%) and Health Care (23.1%).

The Liberty All-Star Growth Fund (NYSE: ASG) has declared a distribution of $0.17 per share, payable on June 7, 2021, to shareholders of record as of April 23, 2021. This aligns with the Fund's annual distribution policy, which totals approximately 8% of its net asset value, paid in quarterly installments. Distributions may include returns from various sources, including capital gains. Payments will primarily be made in newly issued shares, determined by the May 21, 2021 net asset or market value.

The Board of Liberty All-Star Growth Fund (NYSE: ASG) has approved a rights offering for shareholders, enabling them to purchase additional shares. Shareholders will receive rights to subscribe for one additional share for every five shares held, with an option for over-subscription if demand exceeds availability. The subscription price will be set at 95% of the lower of the net asset value or market price on the expiration date. This offering is contingent on the SEC's approval of a Registration Statement, which has not yet been filed.

The Liberty All-Star Growth Fund (Ticker: ASG) released its February 2021 Monthly Update, reporting a net asset value (NAV) of $8.05 and a market price of $8.95, reflecting an 11.2% premium. The fund’s performance for February was 2.68%, with a year-to-date performance of 2.72%. Top holdings include Chegg, Inc. (2.2%), Signature Bank (2.1%), and Natera, Inc. (2.1%). The fund invests across various market caps through three managers focusing on small, mid, and large-cap growth.

The Liberty All-Star Growth Fund (ASG) provided its January 2021 update, highlighting an all-cap growth investment strategy managed by three growth investment managers focusing on small-, mid-, and large-cap stocks.

As of month-end, the fund's net assets totaled $332.3 million with a premium of 6.0% over its NAV of $7.84. The fund's top holdings include Progyny, Chegg, and Natera, making up 30.9% of the equity portfolio. The sector breakdown shows a significant concentration in Information Technology (28.9%) and Health Care (25.6%) sectors.

The Liberty All-Star Growth Fund (NYSE: ASG) released its December 2020 Monthly Update, highlighting a 42.42% year-to-date performance. The fund's net assets reached $338.1 million, with $333.8 million in equities. Key holdings include Chegg, Progyny, and Amazon, making up 31.5% of the portfolio. The fund's NAV rose to $7.98 by month-end, while its market price was $8.20. The fund invests primarily in Information Technology (30.2%) and Health Care (24.8%).
New holdings include American Express and Disney.

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.