Liberty All-Star® Growth Fund, Inc. Declares Distribution
April 16 2018 - 6:50AM
Business Wire
The Board of Directors of Liberty All-Star Growth Fund, Inc.
(NYSE: ASG) has declared a distribution of $0.11 per share payable
on June 11, 2018 to shareholders of record on April 27, 2018
(ex-dividend date of April 26, 2018). 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 2018 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 May 25, 2018 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 $154
million in net assets as of April 13, 2018.
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
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version on businesswire.com: https://www.businesswire.com/news/home/20180416005277/en/
Liberty All-Star® Growth Fund, Inc.Bill
Parmentier, 1-800-241-1850www.all-starfunds.com
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