Liberty All-Star Growth Fund, Inc. reports recurring closed-end fund updates for its NYSE-listed shares under the symbol ASG. The fund seeks long-term capital appreciation through a diversified equity portfolio and uses a multi-manager growth strategy with distinct small-, mid- and large-capitalization mandates selected and monitored by its investment advisor.
Company news commonly covers monthly net asset value, market price and discount data, total-return performance, sector allocation across areas such as information technology, industrials, health care and consumer discretionary, quarterly distribution declarations, dividend reinvestment mechanics and investment manager changes within the fund's growth portfolio structure.
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.
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.