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) is a diversified, closed-end management investment company that focuses on long-term capital appreciation through an all-cap growth equity strategy. The fund combines three growth-style investment managers, each concentrating on small-cap, mid-cap, or large-cap stocks, under the oversight of its investment advisor, ALPS Advisors, Inc. Its portfolio spans sectors such as information technology, industrials, health care, consumer discretionary, financials, communication services, real estate, consumer staples, materials, and energy.
This news page highlights regular updates and announcements from Liberty All-Star Growth Fund. Readers can find recurring monthly updates that detail the fund’s top holdings, sector breakdowns based on GICS classifications, net asset levels, and the percentage of the portfolio invested in equities. These updates also explain the relationship between net asset value (NAV), market price, and whether the fund’s shares trade at a premium or discount.
In addition to portfolio and performance commentary, the news stream features Board of Directors’ distribution declarations. These items describe the fund’s policy of targeting annual distributions totaling approximately 8 percent of net asset value, payable in quarterly installments, and explain how distributions may be sourced from income, capital gains, or return of capital. The news also outlines how distributions are delivered through newly issued shares for participants in the Dividend Reinvestment Plan or in cash for shareholders who elect that option.
Investors and researchers can use this page to follow Liberty All-Star Growth Fund’s ongoing communications about portfolio changes, new and liquidated holdings, distribution details, and risk reminders. Regularly reviewing these releases can help users understand how the fund’s all-cap growth strategy and sector allocations evolve over time within its closed-end fund structure.
The Board of Directors of Liberty All-Star Growth Fund (NYSE: ASG) announced a distribution of $0.15 per share, payable on March 7, 2022, to shareholders recorded by January 21, 2022. This aligns with the Fund's distribution policy of roughly 8% of its net asset value annually, distributed in four quarterly installments. Shareholders not enrolled in the Dividend Reinvestment Plan will receive cash payments. The distribution may include returns from sources beyond net income. As of January 7, 2022, the Fund manages assets exceeding $425 million.
The Liberty All-Star Growth Fund, Inc. (NYSE: ASG) released its November 2021 Monthly Update, highlighting a negative performance of -6.12% for the month, with a year-to-date return of 15.80%. As of November 30, 2021, the fund's net assets totaled $437.3 million, with 104.4% of investments allocated in equities. The top holdings included SPS Commerce, Amazon, and FirstService, among others. Notably, the fund introduced new holdings such as CI&T, Inc. and Match Group, Inc. while liquidating positions in Eargo, Inc. and NIKE, Inc.
The Liberty All-Star Growth Fund (NYSE: ASG) released its October 2021 Monthly Update, highlighting its all-cap growth investment strategy managed by three distinct investment firms. As of October 31, 2021, the fund reported total net assets of $494.6 million, with 98.4% of the portfolio invested in equities. The fund's top holdings include Paylocity Holding Corp and SPS Commerce, Inc. The month-end NAV rose to $9.16, reflecting a 6.88% performance for October and a year-to-date increase of 23.35%. The sector breakdown shows a significant allocation in Information Technology (31.2%) and Health Care (21.3%).
The Board of Directors of Liberty All-Star Growth Fund (NYSE: ASG) declared a distribution of $0.52 per share, payable on January 3, 2022, to shareholders of record as of November 19, 2021. This includes $0.18 per share aligned with the fund's distribution policy and $0.34 to meet 2021 federal excise tax distribution requirements. Shareholders not in the Dividend Reinvestment Plan will receive cash, while others will receive shares based on the December 17, 2021 net asset value or market value. The fund managed $494 million in net assets as of November 5, 2021.
The Liberty All-Star Growth Fund (NYSE: ASG) released its September 2021 Monthly Update. The fund employs an all-cap growth strategy through three distinct investment managers. Top holdings include SPS Commerce (2.2%) and Paylocity (2.1%). The fund's net assets total $462.5 million, with 97.3% invested in equities. During September, the NAV dropped to $8.57, reflecting a -4.14% performance while market price was $8.63, leading to a premium of 0.7%. Year-to-date performance stands at 15.41% for NAV and 13.10% for market price.
Liberty All-Star Growth Fund, Inc. (NYSE: ASG) released its August 2021 Monthly Update, highlighting key investment metrics. The fund employs three growth-style investment managers focusing on small-, mid-, and large-cap stocks. As of August 31, 2021, the fund's net assets totaled $479.5 million, with equities accounting for $481.5 million. The fund's NAV increased by 4.44% for the month, while the market price rose by 3.06%. Top holdings include companies like Paylocity, Amazon, and Upstart Holdings, with a significant allocation to Information Technology (29.8%).
The Liberty All-Star Growth Fund (NYSE: ASG) released its June 2021 update, showcasing a diversified all-cap growth investment strategy managed by three firms. The fund's net assets totaled $370.5 million, with a 99% investment in equities. Notable top holdings included FirstService Corp and Amazon.com, each constituting around 2% of the equity portfolio. The fund achieved a monthly performance of 4.11% and a year-to-date return of 12.30%. The NAV rose from $8.28 to $8.62, while the market price increased from $8.80 to $8.89, reflecting a 3.1% premium.
The Board of Directors of Liberty All-Star Growth Fund has announced a distribution of $0.17 per share, payable on September 7, 2021. Shareholders of record by July 23, 2021 will receive this distribution, with an ex-dividend date of July 22, 2021. This distribution aligns with the fund's policy to pay approximately 8% of its net asset value annually, distributed quarterly. A portion of the distribution may come from sources other than net income. The fund has net assets exceeding $463 million as of July 9, 2021.
The Liberty All-Star Growth Fund (NYSE: ASG) announced that its rights offering, which concluded on June 28, 2021, was fully subscribed. The Fund will issue up to 10,660,776 shares, including 8,528,621 primary subscription shares and 2,132,155 shares from the over-subscription privilege. The subscription price per share is $8.21, reflecting 95% of the average closing price on the expiration date and the four prior trading days. With net assets exceeding $372 million, ASG operates as a multi-managed, closed-end investment company.
The Liberty All-Star Growth Fund, ticker ASG, released its May 2021 Monthly Update. The fund employs a multi-manager approach, combining strategies across small-, mid-, and large-cap growth investments. The net asset value (NAV) at month-end was $352.9 million, with total equities of $355.2 million, indicating 100.7% invested. For May, the fund experienced a NAV decline of -1.31% and a market price decline of -5.07%. Year-to-date performance stands at 7.87% for NAV and 11.57% for market price.