BOSTON, Feb. 13, 2024 /PRNewswire/ -- Below is the
January 2024 Monthly Update for the
Liberty All-Star Growth Fund, Inc. (NYSE: ASG)
Liberty All-Star Growth Fund,
Inc.
Ticker: ASG
Monthly Update, January,
2024
Investment Approach:
Fund Style: All-Cap
Growth
Fund Strategy:
Combines three growth style investment managers, each with a
distinct capitalization focus (small-, mid- and large-cap) selected
and continuously monitored by the Fund's Investment Advisor.
Investment Managers:
Weatherbie
Capital, LLC
Small-Cap
Growth
Congress Asset
Management Company, LLP
Mid-Cap
Growth
Sustainable
Growth Advisers, LP
Large-Cap
Growth
|
Top 20 Holdings at
Month-End
|
|
|
(32.1% of equity
portfolio)
|
|
|
1
|
SPS Commerce,
Inc.
|
2.6 %
|
|
2
|
Microsoft Corp.
|
2.2 %
|
|
3
|
Amazon.com, Inc.
|
2.1 %
|
|
4
|
Progyny, Inc.
|
1.9 %
|
|
5
|
FirstService
Corp.
|
1.9 %
|
|
6
|
Visa, Inc.
|
1.8 %
|
|
7
|
Casella Waste Systems,
Inc.
|
1.7 %
|
|
8
|
UnitedHealth Group,
Inc.
|
1.7 %
|
|
9
|
Danaher Corp.
|
1.5 %
|
|
10
|
Vertex, Inc.
|
1.5 %
|
|
11
|
S&P Global,
Inc.
|
1.4 %
|
|
12
|
Glaukos Corp.
|
1.4 %
|
|
13
|
Transcat, Inc.
|
1.4 %
|
|
14
|
SiteOne Landscape
Supply, Inc.
|
1.4 %
|
|
15
|
StepStone Group,
Inc.
|
1.3 %
|
|
16
|
Hamilton Lane,
Inc.
|
1.3 %
|
|
17
|
Crane Co.
|
1.3 %
|
|
18
|
MSCI, Inc.
|
1.3 %
|
|
19
|
Workday, Inc.
|
1.2 %
|
|
20
|
Natera, Inc.
|
1.2 %
|
|
Holdings are subject to
change.
|
|
|
Monthly
Performance
|
|
|
|
|
Performance
|
NAV
|
Market Price
|
Discount
|
|
Beginning of month
value
|
$5.75
|
$5.28
|
-8.2 %
|
|
Distributions (Ex-Date
January 18th)
|
$0.11
|
$0.11
|
|
|
End of month
value
|
$5.65
|
$5.23
|
-7.4 %
|
|
Performance for
month
|
0.33 %
|
1.14 %
|
|
|
Performance
year-to-date
|
0.33 %
|
1.14 %
|
|
|
Net Assets at
Month-End ($millions)
|
|
Total
|
$334.8
|
|
Equities
|
$333.5
|
|
Percent Invested
|
99.6 %
|
|
Sector Breakdown (%
of equity
portfolio)*
|
|
Information
Technology
|
22.8 %
|
|
Health Care
|
22.6 %
|
|
Industrials
|
16.7 %
|
|
Financials
|
13.2 %
|
|
Consumer
Discretionary
|
11.2 %
|
|
Real Estate
|
3.9 %
|
|
Materials
|
3.7 %
|
|
Communication
Services
|
3.1 %
|
|
Consumer
Staples
|
1.5 %
|
|
Energy
|
1.3 %
|
|
Total Market
Value
|
100.0 %
|
|
*Based on Standard
& Poor's and MSCI Global Industry Classification Standard
(GICS).
|
New Holdings
Agilysys, Inc.
Dynatrace, Inc.
Palomar Holdings, Inc.
Holdings Liquidated
Diodes, Inc.
Rapid7, Inc.
The net asset value (NAV) of a closed-end fund is the market
value of the underlying investments (i.e., stocks and bonds)
in the Fund's portfolio, minus liabilities, divided by
the total number of Fund shares outstanding. However, the Fund
also has a market price; the value at which it trades on an
exchange. If the market price is above the NAV the Fund
is trading at a premium. If the market price is below the NAV
the Fund is trading at a discount.
Performance returns for the Fund are total returns, which
includes dividends, and are net of management fees and other Fund
expenses. Returns are calculated assuming that a shareholder
reinvested all distributions. Past performance cannot predict
future investment results.
Performance will fluctuate with changes in market conditions.
Current performance may be lower or higher than the performance
data shown. Performance information shown does not reflect the
deduction of taxes that shareholders would pay on Fund
distributions or the sale of Fund shares. Shareholders must be
willing to tolerate significant fluctuations in the value of their
investment. An investment in the Fund involves risk, including loss
of principal.
Sources of distributions to shareholders may include ordinary
dividends, long-term capital gains and return of capital. The
final determination of the source of all distributions in 2024 for
tax reporting purposes will be made after year end. The
actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund's investment experience during
its fiscal year and may be subject to changes based on tax
regulations. Based on current estimates a portion of the
distributions consist of a return of capital. These estimates may
not match the final tax characterization (for the full year's
distributions) contained in shareholder 1099-DIV forms after the
end of the
year.
All data is as of January 31, 2024
unless otherwise
noted.
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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SOURCE Liberty All-Star Growth Fund, Inc.