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 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.
The Liberty All-Star® Growth Fund, Inc. (NYSE: ASG) has announced the record date for its rights offering, set for May 24, 2021. Shareholders of record will receive one non-transferable right for each share owned, allowing them to purchase one additional share for every five rights. The offering will begin on or about May 28, 2021, and is set to expire on or about June 28, 2021, with a subscription price of 95% of the lower of the reported net asset value or market price per share. This offering is contingent on the effectiveness of the Fund's Registration Statement with the SEC.
Liberty All-Star Growth Fund (NYSE: ASG) has released its monthly update for April 2021. The fund employs an all-cap growth strategy, leveraging three specialized managers. At month-end, the fund's NAV was $8.39, with a market price of $9.27, reflecting a premium of 10.5%. Monthly performance was strong, with a 5.71% increase in NAV. Top holdings include Progyny, Signature Bank, and FirstService Corp. The fund's net assets totaled $357.7 million, and it is invested at 101.2%. New investments included Ameresco, Inc. and Apria, Inc.
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.
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