Liberty All-Star Equity Fund
Ticker:
Monthly update,
Access to investment:
Fund Style: Large Cap Core
Fund Strategy: Combines three value and two growth style investment managers. Those selected demonstrate a consistent investment philosophy, decision-making process, continuity of key people and above-average long-term results compared to managers of similar styles.
Investment managers:
Value managers:
- Aristotle Capital Management, LLC
- Fiduciary Management, Inc.
- Pzena Investment Management, LLC
Growth Managers:
- Sustainable Growth Advisors, LP
- TCW investment management company
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20 largest holdings at the end of the month |
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(35.0% of share portfolio) |
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1 |
Microsoft Corp (NASDAQ:). |
4.2% |
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2 |
NVIDIA Corp (NASDAQ:). |
3.7% |
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3 |
Alphabet (NASDAQ:), Inc. |
2.8% |
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4 |
Amazon.com (NASDAQ:), Inc. |
2.8% |
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5 |
UnitedHealth Group (NYSE:), Inc. |
2.0% |
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6 |
ServiceNow (NYSE:), Inc. |
1.9% |
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7 |
Visa (NYSE:Inch. |
1.8% |
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8 |
Meta Platforms (NASDAQ:), Inc. |
1.8% |
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9 |
Capital one Financial Corp (NYSE:). |
1.5% |
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10 |
S&P Global, Inc. |
1.4% |
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11 |
Fresenius Medical Care (NYSE:) AG |
1.3% |
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12 |
Sony (NYSE:) Group Corp. |
1.2% |
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13 |
Charles Schwab Corp. |
1.2% |
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14 |
Danaher Corp (NYSE: ). |
1.2% |
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15 |
Booking Holdings (NASDAQ:), Inc. |
1.1% |
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16 |
Ecolab (NYSE:), Inc. |
1.1% |
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17 |
Berkshire Hathaway (NYSE:), Inc. |
1.0% |
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18 |
CVS Health Corp (NYSE: ). |
1.0% |
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19 |
Baxter International (NYSE:), Inc. |
1.0% |
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20 |
Citigroup (NYSE:), Inc. |
1.0% |
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Holdings are subject to change. |
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Monthly performance: |
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Performance |
NAV |
Market price |
Premium/(discount) |
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Value at the beginning of the month |
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-0.5% |
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Value at the end of the month |
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0.0% |
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Performance for the month |
-5.31 % |
-4.79 % |
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Performance since the beginning of the year |
14.06 % |
20.67% |
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Net assets at the end of the month (millions of USD): |
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In total (EPA:) |
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Shares |
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Investment percentage |
97.8% |
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Sector analysis (% of share portfolio): |
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Information technology |
23.7% |
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20.0% |
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Health care |
15.3% |
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Consumer discretion |
12.6% |
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Industries |
9.1% |
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Communication services |
6.6% |
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Consumer staples |
4.8% |
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Materials |
4.3% |
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energy |
1.8% |
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Utilities |
1.3% |
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|
0.5% |
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Total market value |
100.0% |
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Based on Standard & Poor’s and the MSCI Global Industry Classification Standard (GICS). |
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New material:
Allegion (NYSE: ) PLC
Broadcom (NASDAQ:), Inc.
Tyler Technologies (NYSE:), Inc.
Liquidated properties:
Edison International (NYSE:
Goldman Sachs Group (NYSE:), Inc.
Home Depot (NYSE:), Inc.
Omnicom Group (NYSE:), 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, less liabilities, divided by the total number of outstanding shares of the Fund. However, the Fund also has a market price; the value at which it is traded on the stock exchange. If the market price is above the NAV, the Fund trades at a premium. If the market price is below the NAV, the Fund trades at a discount.
Performance returns for the Fund are total returns, which include dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that the shareholder has reinvested all distributions. Past performance cannot predict future investment results.
Performance will vary with changes in market conditions. Current performance may be lower or higher than the displayed performance data. The performance information shown does not reflect the deduction of taxes that shareholders would pay on the Fund’s distribution or the sale of the Fund’s shares. Shareholders must be prepared to tolerate significant fluctuations in the value of their investments. Investing in the Fund involves risk, including loss of principal.
Sources of distributions to shareholders may include ordinary dividends, long-term capital gains, and returns of capital. The final determination of the source of all distributions in 2024 for tax reporting purposes will be made after the end of the year. Actual amounts and sources of amounts for tax reporting purposes will depend on the Fund’s investment experience during its fiscal year and may be subject to change based on tax regulations. Based on current estimates, part of the distribution consists of return of capital. These estimates may not correspond to the final tax characterization (for full-year distributions) contained in shareholder Forms 1099-DIV after year-end.
All data are from
Liberty All-Star ® Share fund
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
