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 reports recurring closed-end fund updates for its NYSE-listed shares under the symbol USA. The fund is a diversified closed-end management investment company that invests principally in equity securities and uses a multi-manager strategy combining three value-style and two growth-style investment managers.
Updates commonly cover monthly NAV and market-price performance, the trading discount or premium to net asset value, sector allocation, net assets, equity exposure, and total-return presentation. Distribution announcements describe the fund's quarterly distribution policy, potential sources of distributions, and the Dividend Reinvestment Plan, including share or cash election mechanics.
The Liberty All-Star Equity Fund (NYSE: USA) has announced a $0.18 per share distribution payable on January 2, 2025, to shareholders of record on November 15, 2024. This aligns with the Fund's policy of distributing approximately 10% of net asset value annually in four quarterly installments of 2.5%. The distribution will be paid in newly issued shares, except for non-participants in the Dividend Reinvestment Plan who elect cash payments. The Fund, with over $2.0 billion in net assets as of November 1, 2024, is managed by ALPS Advisors, Inc. and trades on the NYSE under symbol USA.
The Liberty All-Star Equity Fund (NYSE: USA) has released its September 2024 Monthly Update. The fund combines three value-style and two growth-style investment managers, focusing on large-cap core investments. As of September 30, 2024, the fund's net assets totaled $2,048.3 million, with 97.6% invested in equities.
The fund's top 20 holdings, representing 33.1% of the equity portfolio, include major tech companies like Microsoft, NVIDIA, and Amazon. The sector breakdown shows a significant allocation to Information Technology (22.2%) and Financials (20.0%).
Performance-wise, the fund's NAV increased by 0.99% for the month, while its market price rose by 1.72%. Year-to-date, the fund has seen gains of 14.77% in NAV and 20.24% in market price. The fund's discount narrowed from -1.7% to -1.0% during September.
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%).
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.
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.
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.
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.
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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