BOSTON, Nov. 12, 2019 /PRNewswire/ -- Below is the October 2019 Monthly Update for the Liberty All-Star® Growth Fund, Inc. ASG
Liberty All-Star Growth Fund
Ticker: ASG
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
(29.6% of equity portfolio) | ||
1 | Paylocity Holding Corp. | 1.9% |
2 | Nevro Corp. | 1.9% |
3 | Chegg, Inc. | 1.7% |
4 | FirstService Corp. | 1.7% |
5 | Microsoft Corp. | 1.7% |
6 | Casella Waste Systems, Inc. | 1.6% |
7 | UnitedHealth Group, Inc. | 1.5% |
8 | salesforce.com, Inc. | 1.5% |
9 | Alphabet, Inc. | 1.5% |
10 | Insulet Corp. | 1.4% |
11 | Yum! Brands, Inc. | 1.4% |
12 | Autodesk, Inc. | 1.4% |
13 | Abbott Laboratories | 1.4% |
14 | Amazon.com, Inc. | 1.3% |
15 | Visa, Inc. | 1.3% |
16 | PayPal Holdings, Inc. | 1.3% |
17 | Mondelez International, Inc. | 1.3% |
18 | Glaukos Corp. | 1.3% |
19 | Equinix, Inc. | 1.3% |
20 | Generac Holdings, Inc. | 1.2% |
Holdings are subject to change.
Monthly Performance:
Performance | NAV | Market Price | Premium |
Beginning of month value | $5.80 | $5.92 | 2.1% |
End of month value | $5.87 | $6.23 | 6.1% |
Performance for month | 1.21% | 5.24% | |
Performance year-to-date | 26.29% | 50.82% |
Net Assets at Month-End ($millions)
Total | $221.8 |
Equities | $217.9 |
Percent Invested | 98.2% |
Sector Breakdown (% of equity portfolio)*
Information Technology | 31.5% | |
Health Care | 21.4% | |
Consumer Discretionary | 15.7% | |
Industrials | 13.7% | |
Consumer Staples | 4.4% | |
Real Estate | 3.9% | |
Communication Services | 3.2% | |
Financials | 3.2% | |
Materials | 2.8% | |
Energy | 0.2% | |
Total Market Value | 100.0% |
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).
New Holdings
Progyny, Inc.
WEX, Inc.
Holdings Liquidated
Eventbrite, Inc.
SS&C Technologies Holdings, 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.
Contact Info:
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
SOURCE Liberty All-Star Growth Fund, Inc.
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