BOSTON, Sept. 16,
2022 /PRNewswire/ -- Below is the August 2022 Monthly Update for the Liberty
All-Star Growth Fund, Inc. (NYSE: ASG)
Liberty All-Star Growth Fund, Inc.
Ticker:
ASG
Monthly Update, August,
2022
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
|
|
(32.2% of equity
portfolio)
|
|
|
1
|
SPS Commerce,
Inc.
|
2.9 %
|
|
2
|
Amazon.com,
Inc.
|
2.1 %
|
|
3
|
Casella Waste Systems,
Inc.
|
2.0 %
|
|
4
|
Microsoft
Corp.
|
1.9 %
|
|
5
|
Visa, Inc.
|
1.8 %
|
|
6
|
FirstService
Corp.
|
1.8 %
|
|
7
|
Montrose Environmental
Group, Inc.
|
1.8 %
|
|
8
|
UnitedHealth Group,
Inc.
|
1.7 %
|
|
9
|
Globant SA
|
1.6 %
|
|
10
|
MSCI, Inc.
|
1.5 %
|
|
11
|
Danaher
Corp.
|
1.4 %
|
|
12
|
Intuit, Inc.
|
1.4 %
|
|
13
|
Salesforce,
Inc.
|
1.4 %
|
|
14
|
S&P Global,
Inc.
|
1.3 %
|
|
15
|
Alphabet,
Inc.
|
1.3 %
|
|
16
|
SiteOne Landscape
Supply, Inc.
|
1.3 %
|
|
17
|
Workday,
Inc.
|
1.3 %
|
|
18
|
Thermo Fisher
Scientific, Inc.
|
1.3 %
|
|
19
|
Autodesk,
Inc.
|
1.2 %
|
|
20
|
Yum! Brands,
Inc.
|
1.2 %
|
|
Holdings are subject to
change.
|
|
Monthly
Performance
|
|
|
|
|
Performance
|
NAV
|
Market Price
|
Premium
|
|
Beginning of month
value
|
$5.84
|
$6.34
|
8.6 %
|
|
End of month
value
|
$5.52
|
$5.57
|
0.9 %
|
|
Performance for
month
|
-5.48 %
|
-12.15 %
|
|
|
Performance
year-to-date
|
-28.56 %
|
-33.92 %
|
|
|
Net Assets at
Month-End ($millions)
|
|
Total
|
$313.1
|
|
Equities
|
$308.8
|
|
Percent
Invested
|
98.6 %
|
|
Sector Breakdown (%
of equity portfolio)*
|
|
Information
Technology
|
29.3 %
|
|
Health Care
|
21.7 %
|
|
Consumer
Discretionary
|
12.8 %
|
|
Industrials
|
12.5 %
|
|
Financials
|
9.4 %
|
|
Communication
Services
|
3.9 %
|
|
Real Estate
|
3.8 %
|
|
Materials
|
3.3 %
|
|
Consumer
Staples
|
1.8 %
|
|
Energy
|
1.5 %
|
|
Total Market
Value
|
100.0 %
|
|
*Based on Standard
& Poor's and MSCI Barra Global Industry Classification Standard
(GICS).
|
|
New Holdings
Xometry, Inc.
Holdings Liquidated
Cerence, 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 2022 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 no 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 August 31, 2022
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.