BOSTON, Jan. 11, 2021 /PRNewswire/ -- The Board of
Trustees of Liberty All-Star Equity Fund (NYSE: USA) has declared a distribution of
$0.19 per share payable on
March 8, 2021 to shareholders of
record on January 22, 2021
(ex-dividend date of January 21,
2021). This distribution is in accordance with the Fund's
current distribution policy of paying distributions on its shares
totaling approximately 10 percent of its 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, including but not limited to short-term
capital gain, long-term capital gain and return of capital.
The final determination of the source of all distributions in 2021
for tax reporting purposes, including the percentage of qualified
dividend income, 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 Liberty
All-Star Equity Fund's Dividend Reinvestment Plan and who elect to
receive the distribution in cash. Shares will be issued at
the lower of the February 19, 2021
net asset value per share or market value per share (but not less
than 95% of market value). The market value of the Fund's
shares for this purpose will be the last sales price on the New
York Stock Exchange.
The Fund does not continuously issue shares and trades in the
secondary market, investors wishing to buy or sell shares need to
place orders through an intermediary or broker. The share
price of a closed-end fund is based on the market's value. The
Fund's shares are listed on the New York Stock Exchange under the
ticker symbol USA. ALPS Advisors,
Inc. is the investment advisor of the Fund, a multi-managed,
closed-end investment company with more than $1.6 billion in net assets as of January 8, 2021.
Past performance cannot predict future results.
An
investment in the Fund involves risk, including loss of
principal.
ALPS Portfolio Solutions Distributor, Inc. –
FINRA Member Firm
Media Contact: Liberty All-Star Funds, 1-800-241-1850
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SOURCE Liberty All-Star Funds