Liberty All-Star? Growth Fund, Inc. September 2024 Monthly Update
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BOSTON, Oct. 11, 2024 /PRNewswire/ -- Below is the September 2024 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG).
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, September 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 -
Westfield Capital Management Company, L.P.
Large-Cap Growth
Top 20 Holdings at Month-End:
| | (38.1% of equity portfolio) | |
| 1 | NVIDIA Corp.Amazon.com, Inc. | 3.6 % |
| 2 | Apple, Inc. | 3.2 % |
| 3 | Microsoft Corp. | 3.0 % |
| 4 | Amazon.com, Inc. | 2.8 % |
| 5 | Alphabet, Inc. | 2.1 % |
| 6 | Meta Platforms, Inc. | 2.1 % |
| 7 | SPS Commerce, Inc. | 2.0 % |
| 8 | Natera, Inc. | 2.0 % |
| 9 | FirstService Corp. | 2.0 % |
| 10 | Casella Waste Systems, Inc. | 1.8 % |
| 11 | Hamilton Lane, Inc. | 1.7 % |
| 12 | StepStone Group, Inc. | 1.7 % |
| 13 | Glaukos Corp. | 1.6 % |
| 14 | Tandem Diabetes Care, Inc. | 1.4 % |
| 15 | Visa, Inc. | 1.3 % |
| 16 | TransDigm Group, Inc. | 1.3 % |
| 17 | Ollie's Bargain Outlet Holdings, Inc. | 1.3 % |
| 18 | Booz Allen Hamilton Holding Corp. | 1.1 % |
| 19 | Casey's General Stores, Inc. | 1.1 % |
| 20 | Brown & Brown, Inc. | 1.0 % |
Holdings are subject to change.
Monthly Performance:
| Performance | NAV | Market Price | Discount |
| Beginning of month value | $5.96 | $5.48 | -8.1 % |
| End of month value | $6.03 | $5.61 | -7.0 % |
| Performance for month | 1.17 % | 2.37 % | |
| Performance year-to-date | 11.90 % | 13.37 % | |
Net Assets at Month-End ($millions):
| Total | $365.8 |
| Equities | $357.5 |
| Percent Invested | 97.7 % |
Sector Breakdown* (% of equity portfolio):
| Information Technology | 29.7 % |
| Health Care | 18.5 % |
| Industrials | 17.2 % |
| Financials | 11.3 % |
| Consumer Discretionary | 9.7 % |
| Communication Services | 5.7 % |
| Consumer Staples | 3.9 % |
| Real Estate | 2.4 % |
| Materials | 0.8 % |
| Energy | 0.8 % |
| Total Market Value | 100.0 % |
*Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS).
New Holdings:
American Eagle Outfitters, Inc.
AptarGroup, Inc.
Oracle Corp.
Holdings Liquidated:
Entegris, Inc.
Nevro Corp.
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.