BOSTON,
Jan. 8,
2024 /PRNewswire/ -- The Board of
Directors of Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has
declared a distribution of $0.11 per
share payable on March 4, 2024 to
shareholders of record on January 19,
2024 (ex-dividend date of January 18,
2024). 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 2024 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 February 16, 2024 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 $327 million in net
assets as of January 5,
2024.
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