BOSTON, Nov. 6, 2023
/PRNewswire/ -- The Board of Directors of Liberty All-Star Growth
Fund, Inc. (NYSE: ASG) has declared a distribution of $0.10 per share payable on January 2, 2024 to shareholders of record on
November 17, 2023 (ex-dividend date
of November 16, 2023). This
distribution is in accordance with the Fund's current distribution
policy of paying distributions on its shares totaling approximately
8 percent of its net asset value per year, payable in four
quarterly installments of 2 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 2023 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 Growth Fund's 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). 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 ASG. ALPS Advisors, Inc. is the investment advisor of
the Fund, a multi-managed, closed-end investment company with more
than $304 million in net assets as of
November 3, 2023.
Past performance cannot predict future results.
An
investment in the Fund involves risk, including loss of
principal.
Secondary market support provided to the Fund by ALPS Fund
Services, Inc.'s affiliate ALPS Portfolio Solutions
Distributor, Inc., a FINRA Member. ALPS Fund
Services, Inc., ALPS Advisors, Inc. and ALPS Portfolio Solutions
Distributor, Inc. are affiliated entities.
For Information Contact:
Liberty All-Star®
Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
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SOURCE Liberty All-Star Funds