Liberty All-Star? Growth Fund, Inc. March 2024 Monthly Update
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BOSTON, April 12, 2024 /PRNewswire/ -- Below is the March 2024 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG)
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, March, 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 | ||
| | (31.7% of equity portfolio) | |
| 1 | SPS Commerce, Inc. | 2.4 % |
| 2 | Amazon.com, Inc. | 2.2 % |
| 3 | Microsoft Corp. | 2.2 % |
| 4 | Casella Waste Systems, Inc. | 1.8 % |
| 5 | FirstService Corp. | 1.8 % |
| 6 | Vertex, Inc. | 1.7 % |
| 7 | Visa, Inc. | 1.7 % |
| 8 | Natera, Inc. | 1.6 % |
| 9 | SiteOne Landscape Supply, Inc. | 1.5 % |
| 10 | UnitedHealth Group, Inc. | 1.5 % |
| 11 | StepStone Group, Inc. | 1.5 % |
| 12 | Danaher Corp. | 1.4 % |
| 13 | Progyny, Inc. | 1.4 % |
| 14 | Glaukos Corp. | 1.4 % |
| 15 | EMCOR Group, Inc. | 1.3 % |
| 16 | Transcat, Inc. | 1.3 % |
| 17 | Canadian Pacific Kansas City, Ltd. | 1.3 % |
| 18 | S&P Global, Inc. | 1.3 % |
| 19 | Alphabet, Inc. | 1.2 % |
| 20 | Crane Co. | 1.2 % |
Holdings are subject to change.
| Monthly Performance | |||
| Performance | NAV | Market Price | Discount |
| Beginning of month value | $5.95 | $5.41 | -9.1 % |
| End of month value | $6.08 | $5.49 | -9.7 % |
| Performance for month | 2.18 % | 1.48 % | |
| Performance year-to-date | 7.90 % | 6.10 % | |
| Net Assets at Month-End ($millions) | |
| Total | $362.8 |
| Equities | $358.1 |
| Percent Invested | 98.7 % |
| Sector Breakdown (% of equity portfolio)* | |
| Information Technology | 22.7 % |
| Health Care | 22.2 % |
| Industrials | 18.4 % |
| Financials | 13.4 % |
| Consumer Discretionary | 11.1 % |
| Materials | 3.6 % |
| Communication Services | 3.0 % |
| Real Estate | 2.5 % |
| Consumer Staples | 1.8 % |
| Energy | 1.3 % |
| Total Market Value | 100.0 % |
*Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS).
New Holdings
Casey's General Stores, Inc.
Holdings Liquidated
BJ's Wholesale Club 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.