Liberty All-Star? Growth Fund, Inc. May 2024 Monthly Update
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BOSTON, June 14, 2024 /PRNewswire/ -- Below is the May 2024 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG).
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, May 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: | ||
| | (33.7% of equity portfolio) | |
| 1 | SPS Commerce, Inc. | 2.5 % |
| 2 | Amazon.com, Inc. | 2.3 % |
| 3 | Microsoft Corp. | 2.3 % |
| 4 | Vertex, Inc. | 2.0 % |
| 5 | Natera, Inc. | 1.9 % |
| 6 | Casella Waste Systems, Inc. | 1.9 % |
| 7 | Glaukos Corp. | 1.9 % |
| 8 | Visa, Inc. | 1.7 % |
| 9 | FirstService Corp. | 1.7 % |
| 10 | StepStone Group, Inc. | 1.7 % |
| 11 | UnitedHealth Group, Inc. | 1.6 % |
| 12 | SiteOne Landscape Supply, Inc. | 1.5 % |
| 13 | Crane Co. | 1.4 % |
| 14 | Transcat, Inc. | 1.4 % |
| 15 | Hamilton Lane, Inc. | 1.4 % |
| 16 | NVIDIA Corp. | 1.3 % |
| 17 | S&P Global, Inc. | 1.3 % |
| 18 | Novo Nordisk A/S | 1.3 % |
| 19 | Danaher Corp. | 1.3 % |
| 20 | nVent Electric PLC | 1.3 % |
| Holdings are subject to change. | ||
| Monthly Performance: | |||
| Performance | NAV | Market Price | Discount |
| Beginning of month value | $5.58 | $5.09 | -8.8 % |
| End of month value | $5.74 | $5.23 | -8.9 % |
| Performance for month | 2.87 % | 2.75 % | |
| Performance year-to-date | 4.19 % | 3.38 % | |
| Net Assets at Month-End ($millions): | |
| Total | $345.5 |
| Equities | $339.2 |
| Percent Invested | 98.2 % |
| Sector Breakdown* (% of equity portfolio): | |
| Information Technology | 24.3 % |
| Health Care | 21.2 % |
| Industrials | 18.4 % |
| Financials | 13.7 % |
| Consumer Discretionary | 10.4 % |
| Communication Services | 4.3 % |
| Materials | 2.9 % |
| Consumer Staples | 1.9 % |
| Real Estate | 1.7 % |
| Energy | 1.2 % |
| Total Market Value | 100.0 % |
| *Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS). | |
New Holdings:
Meta Platforms, Inc.
Holdings Liquidated:
Ball Corp.
Equinix, Inc.
Latham Group, Inc.
Mettler-Toledo International, Inc.
Perficient, 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.