Liberty All-Star® Growth Fund, Inc. January 2018 Update

BOSTON, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Below is the January 2018 Monthly Update for the Liberty All-Star® Growth Fund, Inc. (NYSE:ASG)
       
Liberty All-Star Growth Fund   Monthly Update
  Ticker: ASG   January, 2018
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    
 (28.5% of equity portfolio)    
       
1 J.B. Hunt Transport Services, Inc. 1.9 %  
2 XPO Logistics, Inc. 1.7 %  
3 Wayfair, Inc., Class A 1.7 %  
4 FirstService Corp. 1.6 %  
5 Insulet Corp. 1.5 %  
6 Chegg, Inc. 1.5 %  
7 Ebix, Inc. 1.5 %  
8 FleetCor Technologies, Inc. 1.4 %  
9 Salesforce.com, Inc. 1.4 %  
10 Stamps.com, Inc. 1.4 %  
11 Visa, Inc., Class A 1.4 %  
12 Amazon.com, Inc. 1.4 %  
13 NIKE, Inc., Class B 1.4 %  
14 Paylocity Holding Corp. 1.3 %  
15 Alphabet, Inc., Class C 1.3 %  
16 UnitedHealth Group, Inc. 1.3 %  
17 Ecolab, Inc. 1.2 %  
18 The Middleby Corp. 1.2 %  
19 Novo Nordisk AS 1.2 %  
20 Autodesk, Inc. 1.2 %  
 Holdings are subject to change.    
 
Monthly Performance  
Performance NAV Market Price Premium\(Discount)
Beginning of month value $5.67 $5.54 -2.3%
Distributions (Ex-Date January 25) $0.12 $0.12  
End of month value $5.85 $5.97 2.1%
Performance for month 5.29% 9.97%  
Performance year-to-date 5.29% 9.97%  
       
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 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. If a distribution includes anything other than net investment income, the fund provides a Section 19(a) notice of the best estimate of its distribution sources at that time. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year.
       
       
       
       
Net Assets at Month-End ($millions)    
Total $158.4    
Equities $158.3    
Percent Invested 99.9%    
     
Sector Breakdown (% of equity portfolio)*  
Information Technology   28.7%    
Consumer Discretionary   22.7%    
Health Care   16.6%    
Industrials   14.4%    
Financials   5.4%    
Real Estate   3.4%    
Consumer Staples   3.2%    
Materials   2.9%    
Energy   2.7%    
Total Market Value   100.0%    
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).  
       
New Holdings     Holdings Liquidated
Acorda Therapeutics, Inc.   Fabrinet
CommerceHub, Inc.   Francesca's Holdings Corp.
Lamb Weston Holdings, Inc.   Stratasys Ltd.
RPC, Inc.      
       

 

Liberty All-Star® Growth Fund, Inc.  1-800-241-1850 www.all-starfunds.com

 

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