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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 (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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The December 2023 Monthly Update for the Liberty All-Star Equity Fund (USA) reveals a 5.47% performance for the month and 26.12% year-to-date. The top 20 holdings make up 34.6% of the equity portfolio, with a sector breakdown showing heavy investment in Financials and Information Technology. The net asset value is $1,866.9 million, with 96.7% of assets invested. The Fund's market price is trading at a discount at the end of the month.
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Liberty All-Star Equity Fund (NYSE: USA) has declared a distribution of $0.17 per share payable on March 4, 2024 to shareholders of record on January 19, 2024. The distribution policy pays approximately 10% of its net asset value per year, in four quarterly installments of 2.5%. A portion may be treated as paid from sources other than net income. The distribution will be paid in newly issued shares to all shareholders except those not participating in the Dividend Reinvestment Plan and who elect to receive the distribution in cash.
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Liberty All-Star Equity Fund (USA) released its November 2023 Monthly Update, highlighting its large-cap core fund strategy and the top 20 holdings in its equity portfolio. The fund's net assets, sector breakdown, and performance data were also detailed, showcasing a 19.61% year-to-date performance.
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Liberty All-Star Equity Fund (USA) October 2023 Monthly Update: The PR provides insights into the fund's investment approach, managers, top 20 holdings, monthly performance, net assets, sector breakdown, and market value. It also highlights the fund's performance returns, distribution sources, and risk factors.
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Liberty All-Star Equity Fund (NYSE: USA) has declared a distribution of $0.15 per share payable on January 2, 2024 to shareholders of record on November 17, 2023. The distribution is approximately 10 percent of the Fund's net asset value per year, payable in four quarterly installments of 2.5 percent. A portion of the distribution may be treated as paid from sources other than net income. The final determination of the source of all distributions in 2023 for tax reporting purposes will be made after year-end. The distribution will be paid in newly issued shares to all shareholders except those who are not participating in the Dividend Reinvestment Plan and who elect to receive the distribution in cash. Shares will be issued at the lower of the December 15, 2023 net asset value per share or market value per share (but not less than 95% of market value).
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Former Montana Secretary of State Corey Stapleton drops out of the 2024 Presidential race
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September 2023 Monthly Update for Liberty All-Star Equity Fund
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The Liberty All-Star Equity Fund released its August 2023 Monthly Update, showing a decrease in performance for the month. The net asset value (NAV) decreased by 2.14% and the market price decreased by 6.72%. The fund's top holdings include Microsoft Corp., Alphabet Inc., NVIDIA Corp., Amazon.com Inc., and Visa Inc. The fund's sector breakdown shows a significant allocation to Information Technology and Financials. The fund's performance year-to-date is positive, with a return of 16.59%.
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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 $7.3 as of October 14, 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 2.1B.

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

2.06B
282.59M
0.1%
10.33%
0.02%
Asset Management
Financial Services
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United States of America
Denver