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Liberty All-Star Equity Fund - USA STOCK NEWS

Welcome to our dedicated page for Liberty All-Star Equity Fund news (Ticker: USA), a resource for investors and traders seeking the latest updates and insights on Liberty All-Star Equity Fund stock.

Liberty All-Star Equity Fund (NYSE: USA) is a closed-end fund and an open-end multi-managed fund committed to providing substantial current income and long-term capital appreciation. The fund achieves its objectives by investing primarily in a diversified portfolio of equity securities across various sectors, including financials, information technology, healthcare, consumer discretionary, consumer staples, industrials, energy, materials, real estate, utilities, telecommunication, and other services.

The fund employs a unique investment strategy that combines the expertise of three value-style and two growth-style investment managers. Selected managers are known for their consistent investment philosophy, rigorous decision-making process, steady managerial team, and above-average long-term performance compared to peers with similar styles. This multi-manager approach ensures a balanced and diversified portfolio that mitigates risk while aiming for superior returns.

Recent Holdings Updates:

  • January 2024: Added CVS Health Corp. and Quest Diagnostics, Inc.; liquidated SAP SE.
  • February 2024: Added Lowe's Companies, Inc., Meta Platforms, Inc., TotalEnergies SE, and Waste Management, Inc.; liquidated Cardinal Health, Inc., General Electric Co., and Phillips 66.
  • March 2024: Added Humana, Inc.; no liquidations.
  • April 2024: Added American Water Works Co., Inc., Cadence Design Systems, Inc., Shopify, Inc., and Synopsys, Inc.; liquidated Crown Castle, Inc., Eaton Corp. PLC, and NIKE, Inc.
  • May 2024: Added Aramark; liquidated Ball Corp., Equinix, Inc., Gildan Activewear, Inc., and Walt Disney Co.

The net asset value (NAV) of the fund is determined by the market value of its underlying investments minus liabilities, divided by the total number of shares outstanding. The fund's market price may trade at a premium or a discount relative to its NAV. Performance returns are total returns, including dividends, net of management fees, and other expenses. It is important to note that past performance is not indicative of future results, and performance may vary with market conditions.

Distributions to shareholders may include ordinary dividends, long-term capital gains, and return of capital. The final determination of the source of distributions for tax purposes will be made after the fiscal year-end. A portion of distributions may consist of a return of capital, which will be confirmed in shareholder 1099-DIV forms after year-end.

Liberty All-Star Equity Fund continuously updates its portfolio to reflect market opportunities and strategic adjustments. Investors considering the fund should be prepared for significant value fluctuations and the associated investment risks.

For more information, you can contact Liberty All-Star Equity Fund at 1-800-241-1850 or visit their website at www.all-starfunds.com.

Rhea-AI Summary

The Liberty All-Star® Equity Fund (NYSE: USA) has released its August 2024 Monthly Update. The fund, which combines three value-style and two growth-style investment managers, reported a net asset value (NAV) of $7.10 and a market price of $6.98 at month-end. The fund's performance for August was 1.43% (NAV) and 2.50% (market price), with year-to-date performance at 13.65% (NAV) and 18.21% (market price). The fund's total net assets stood at $2,030.0 million, with 98.2% invested in equities. The top three holdings were Microsoft Corp. (3.6%), NVIDIA Corp. (3.4%), and Amazon.com, Inc. (2.6%). The fund's sector breakdown showed a focus on Information Technology (22.8%), Financials (20.9%), and Health Care (15.3%).

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The Liberty All-Star Equity Fund (NYSE: USA) has released its July 2024 Monthly Update. The fund combines three value-style and two growth-style investment managers, focusing on large-cap core investments. As of July 31, 2024, the fund's net assets totaled $1,977.7 million, with 99.9% invested in equities. The fund's NAV performance for the month was 2.35%, while the market price performance was 2.79%. Year-to-date performance stood at 12.07% for NAV and 15.35% for market price. The fund's top holdings include Microsoft, NVIDIA, and Alphabet, with the Information Technology sector representing 22.5% of the equity portfolio. A distribution of $0.18 per share was made on July 19th.

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The Liberty All-Star® Equity Fund (NYSE: USA) has released its June 2024 Monthly Update. The fund combines three value-style and two growth-style investment managers, focusing on large-cap core investments. As of June 30, 2024, the fund's net assets totaled $1,983.3 million, with 97.3% invested in equities.

The fund's NAV increased from $6.88 to $7.02, representing a 2.03% monthly performance. Year-to-date performance stands at 9.50% for NAV and 12.22% for market price. The top holdings include Microsoft, NVIDIA, and Alphabet, with the Information Technology sector dominating at 23.9% of the equity portfolio.

New additions to the portfolio include Apple and GE Aerospace, while American International Group, IQVIA Holdings, and Sherwin-Williams were liquidated.

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The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) announced a $0.18 per share distribution, payable on September 3, 2024, to shareholders recorded by July 19, 2024. This aligns with the Fund's policy of 10% annual net asset value distributions, split into four 2.5% quarterly payments. A portion of this distribution might stem from various sources, including capital gains and return of capital. The precise distribution sources will be determined after year-end for tax purposes.

The distribution will be in newly issued shares, unless shareholders opt to receive cash. The issuance price will be based on the lower of the August 16, 2024, net asset value or market value, but not below 95% of the market value. As of July 5, 2024, the Fund managed over $1.9 billion in net assets. It trades under the ticker symbol 'USA' on the NYSE, and ALPS Advisors, Inc. manages the Fund.

Please note that investing in the Fund carries risks, including potential loss of principal.

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The May 2024 update for the Liberty All-Star Equity Fund (NYSE: USA) reveals key performance metrics and portfolio changes. The Fund's NAV increased from $6.69 to $6.88, a gain of 2.84%, while the market price rose from $6.67 to $6.72, a modest 0.75% increase. Year-to-date, the NAV performance stands at 7.31%, and the market price performance is 10.90%. The Fund's net assets total $1,944.1 million, with 98.5% invested in equities. Top holdings include Microsoft, NVIDIA, and Alphabet. Sector allocations feature Information Technology at 21.7% and Financials at 20.9%. The Fund added Aramark and liquidated holdings in Ball Corp, Equinix, Gildan Activewear, and Walt Disney Co.

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The Liberty All-Star Equity Fund (NYSE: USA) released its April 2024 monthly update, highlighting its large-cap core fund strategy. The fund combines three value-style and two growth-style investment managers and holds top stocks like Microsoft, Alphabet, and NVIDIA, making up 34.1% of its equity portfolio.

By month's end, the net asset value (NAV) decreased to $6.69 from $7.21, while the market price dropped from $7.15 to $6.67. Performance for the month showed a -4.71% NAV return and a -4.20% market price return. However, the year-to-date performance remains positive at 4.40% NAV and 10.13% market price.

The fund’s sector allocation includes Information Technology (21.6%) and Financials (21.2%), among others. New holdings include American Water Works and Shopify, while liquidated holdings are Crown Castle and Nike.

Total net assets stand at $1,870.3 million with 99.7% invested in equities.

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The Liberty All-Star Equity Fund (USA) released its March 2024 Monthly Update, showcasing a diversified investment approach with top holdings in tech giants like Microsoft and NVIDIA. The fund's performance saw a 3.44% increase for the month and a 9.56% year-to-date growth, with total net assets at $2,014.4 million. Sector breakdown reveals a focus on Financials and Information Technology, while new holdings include Humana, Inc.
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Liberty All-Star Equity Fund (USA) declares a distribution of $0.18 per share, following a 10% annual distribution policy. The distribution will be paid on June 3, 2024, to shareholders of record on April 19, 2024, with an ex-dividend date of April 18, 2024.
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The Liberty All-Star Equity Fund (USA) released its February 2024 Monthly Update, showcasing a Large-Cap Core Fund style with a mix of value and growth managers. The top holdings include Microsoft, NVIDIA, and Alphabet. The fund's performance for the month was 4.03%, with a year-to-date performance of 5.91%. Net assets stood at $1,947.4 million, with a sector breakdown dominated by Information Technology and Financials.
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The Liberty All-Star Equity Fund (USA) released its January 2024 Monthly Update, showcasing its investment approach, top 20 holdings, performance, and sector breakdown. The fund combines value and growth-style managers and holds significant positions in tech giants like Microsoft and Alphabet. Despite a slight decrease in market price, the fund saw positive performance for the month and year-to-date.
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FAQ

What is the current stock price of Liberty All-Star Equity Fund (USA)?

The current stock price of Liberty All-Star Equity Fund (USA) is $7.13 as of October 4, 2024.

What is the market cap of Liberty All-Star Equity Fund (USA)?

The market cap of Liberty All-Star Equity Fund (USA) is approximately 2.0B.

What is the primary objective of Liberty All-Star Equity Fund?

The primary objective is to provide a high level of current income and long-term capital appreciation through a diversified portfolio of equity securities.

Which sectors does Liberty All-Star Equity Fund invest in?

The fund invests in financials, information technology, healthcare, consumer discretionary, consumer staples, industrials, energy, materials, real estate, utilities, telecommunication, and other services.

How does the fund's investment strategy work?

The fund combines three value-style and two growth-style investment managers, chosen for their consistent philosophy, decision-making process, managerial continuity, and superior long-term performance.

What is the net asset value (NAV) of the fund?

NAV is the market value of the fund's underlying investments minus liabilities, divided by the total number of shares outstanding.

What are the recent additions to the fund's portfolio?

Recent additions include CVS Health Corp., Quest Diagnostics, Inc., Lowe's Companies, Inc., Meta Platforms, Inc., TotalEnergies SE, Waste Management, Inc., Humana, Inc., American Water Works Co., Inc., Cadence Design Systems, Inc., Shopify, Inc., Synopsys, Inc., and Aramark.

What types of distributions does the fund make?

Distributions to shareholders may include ordinary dividends, long-term capital gains, and return of capital.

How is the performance of the fund calculated?

Performance returns are total returns, including dividends, net of management fees and other expenses, assuming all distributions are reinvested.

What are the risks associated with investing in the fund?

Investors must tolerate significant fluctuations in value and be aware that investment involves risk, including the potential loss of principal.

Where can I find more information about Liberty All-Star Equity Fund?

For more information, you can contact them at 1-800-241-1850 or visit www.all-starfunds.com.

Who manages the investment strategy of the fund?

The fund's strategy is managed by a combination of three value-style and two growth-style investment managers.

Liberty All-Star Equity Fund

NYSE:USA

USA Rankings

USA Stock Data

2.01B
282.59M
0.1%
10.33%
0.02%
Asset Management
Financial Services
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United States of America
Denver