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 Board of Trustees of Liberty All-Star Equity Fund (USA) has declared a distribution of $0.15 per share, payable on March 6, 2023. Shareholders of record by January 20, 2023 will receive this payment, which aligns with the fund's policy of distributing approximately 10% of its net asset value annually. The distribution may consist of various sources beyond net income. Newly issued shares will be provided to shareholders enrolled in the Dividend Reinvestment Plan, while others may opt for cash.ALPS Advisors, Inc. manages the fund, which has over $1.6 billion in net assets.
The Liberty All-Star Equity Fund (NYSE: USA) released its monthly update for November 2022, highlighting an end-of-month NAV of $6.23 and a market price of $6.33. The fund employed a strategy blending various value and growth managers, showing a year-to-date performance decline of -15.76%. The top holdings include prominent companies like Alphabet (2.9%) and Microsoft (2.8%). The fund's total net assets reached $1,636.2 million, with 99.6% invested in equities. New holdings included Aon PLC, while Twilio and Tyson Foods were liquidated.
The October 2022 update for the Liberty All-Star Equity Fund (NYSE: USA) highlights a strong monthly performance, with a NAV increase of 9.06% and a market price appreciation of 9.95%. The fund's net assets totaled $1,581.4 million, with 97.8% invested in equities. Top holdings included Microsoft (2.6%), Alphabet (2.5%), and Amazon (2.0%). The fund emphasizes a large-cap core investment strategy through a mix of value and growth managers. Year-to-date performance stood at 20.52%. New holdings included Sysco Corp, while Exxon Mobil and Meta were liquidated.
The Liberty All-Star Equity Fund (NYSE: USA) has announced a distribution of $0.15 per share, payable on January 3, 2023, for shareholders of record as of November 18, 2022. This distribution aligns with the Fund's policy of approximately 10 percent of its net asset value annually, distributed quarterly. Shareholders can opt for cash or reinvest in new shares at the lower of the December 16, 2022 net asset value or market price. The Fund manages over $1.5 billion in net assets as of November 4, 2022.
The Liberty All-Star Equity Fund (NYSE: USA) reported its September 2022 monthly update highlighting a significant decline in performance, with a -9.21% return for the month and a -27.12% return year-to-date. The fund's net assets stood at $1,451.2 million, with 98% invested in equities. Top holdings included Alphabet, Microsoft, and Amazon, representing 31.1% of the portfolio. The fund's strategy involves a mix of value and growth investment managers. Investors should note the fund's market price has fluctuated, trading at a 4.1% premium above NAV at month-end.
The Liberty All-Star Equity Fund (NYSE: USA) released its August 2022 Monthly Update, showcasing a 4.55% decline in performance for the month and a 19.72% year-to-date decrease. The fund's total net assets stand at $1.597 billion, with 98.7% invested in equities. Top holdings include Alphabet (2.9%), Microsoft (2.5%), and Amazon (2.4%). The fund employs a mixed investment strategy utilizing five different managers. The value at the beginning of the month was $6.37, ending at $6.08.
The Liberty All-Star Equity Fund (Ticker: USA) reported its July 2022 monthly update, showcasing a total net asset value of $1,656.7 million. The fund employs a large-cap core investment strategy using a mix of value and growth managers. The top holdings include Alphabet (2.9%), Microsoft (2.5%), and Amazon (2.4%). Monthly performance reflected a 7.90% gain, with year-to-date returns at -15.87%. The fund's market price was $6.78, trading at a premium of 6.4% above NAV of $6.37. New holdings include Merck and Starbucks, while Chubb and Disney were liquidated.
The Liberty All-Star Equity Fund (NYSE: USA) provided its June 2022 monthly update highlighting its investment strategy, which combines value and growth investment styles. The top holdings include Alphabet (2.9%), Microsoft (2.4%), and UnitedHealth Group (2.1%). The fund reported a 9.57% performance decline for June, with a year-to-date performance loss of 22.04%. As of June 30, 2022, the net assets stood at $1.57 billion, with 98.3% invested in equities. No new holdings were added, while holdings liquidated included Baker Hughes and Illumina.
The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has declared a distribution of $0.16 per share, payable on September 6, 2022. Shareholders of record on July 22, 2022 will receive this distribution as part of the Fund's policy to pay approximately 10% of its net asset value annually in four quarterly installments of 2.5%. The distribution may be sourced from capital gains and returns of capital, not solely from net income. Additionally, shares will be issued to shareholders participating in the Dividend Reinvestment Plan at a determined value.
The Liberty All-Star Equity Fund (NYSE: USA) released its May 2022 Monthly Update, reporting a net asset value (NAV) of $6.69 and a market price of $6.93, with a premium of 3.6%. The fund's performance for May was 1.36%, while the year-to-date performance stands at -13.79%. The fund maintains a diverse portfolio, with top holdings including Alphabet, Microsoft, and Amazon, comprising 29.6% of the equity portfolio. Total net assets reached $1,718.7 million, with equities valued at $1,725.3 million, indicating a 100.4% investment rate.