Liberty All-Star® Equity Fund Declares Distribution
April 16 2018 - 6:50AM
Business Wire
The Board of Trustees of Liberty All-Star Equity Fund (NYSE:
USA) has declared a distribution of $0.17 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 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 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 Equity 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
USA. ALPS Advisors, Inc. is the investment advisor of the Fund, a
multi-managed, closed-end investment company with more than $1.3
billion 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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Liberty All-Star® Equity FundBill
Parmentier, 1-800-241-1850www.all-starfunds.com
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