March 2010 Monthly Update
Performance NAV Market Price Discount
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Beginning of month
value $3.96 $3.46 12.6%
Distributions - -
End of month value $4.23 $3.74 11.6%
Performance for
month 6.82% 8.09%
Performance
year-to-date 7.35% 13.08%
For daily data visit the Fund's website at www.all-starfunds.com or
call 1-800-241-1850. The Fund's daily NAV is also available by using
the symbol XASGX. Past performance cannot predict future results.
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Net Assets at Month-End ($millions)
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Total $ 127.2
Equities $ 124.0
Percent Invested
in Equities 97.5%
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Top 20 Holdings at Month-End (26.1% of equity portfolio)
(Rank from previous month)
1 Core Laboratories N.V. The Blackstone Group LP
(1) 1.7% 11 (3) 1.3%
2 Strayer Education, Resources Connection,
Inc. (2) 1.6% 12 Inc. (21) 1.2%
3 Visa, Inc., Class A
(4) 1.5% 13 Google, Inc., Class A (9) 1.2%
4 Microsoft Corp. (8) 1.5% 14 ANSYS, Inc. (10) 1.2%
5 PepsiCo, Inc. (6) 1.5% 15 MSCI, Inc. (22) 1.1%
6 Applied Materials, Gilead Sciences, Inc.
Inc. (25) 1.5% 16 (14) 1.1%
Lincare Holdings, Inc.
7 Apple, Inc. (7) 1.4% 17 (17) 1.1%
8 Best Buy Co., Inc.
(15) 1.3% 18 Polycom, Inc. (19) 1.1%
9 Capella Education Co. Intuitive Surgical, Inc.
(11) 1.3% 19 (13) 1.1%
Affiliated Managers
10 EMC Corp. (12) 1.3% 20 Group, Inc. (16) 1.1%
Holdings are subject to change
Sector Breakdown (% of equity portfolio)*
Information
Technology 26.0% New Holdings
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Acorda Therapeutics,
Industrials 18.7% Inc.
Beacon Roofing Supply,
Health Care 16.6% Inc.
Financials 12.5% Caterpillar, Inc.
Consumer
Discretionary 11.8% Medtronic, Inc.
Energy 7.9% Rue21, Inc.
Sensata Technologies
Consumer Staples 3.4% Holding N.V.
Telecommunication
Services 1.5% Volcano Corp.
Materials 1.0%
Utilities 0.6% Holdings Liquidated
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100.0% Electronic Arts, Inc.
K12, Inc.
Las Vegas Sands Corp.
Life Time Fitness, Inc.
Medivation, Inc.
Research In Motion Ltd.
Smith International,
Inc.
* Based on Standard & Poor's and MSCI Barra Global Industry Classification
Standard (GICS).
The Liberty All-Star Growth Fund, Inc. is a closed-end fund and does
not continuously offer shares.
Contact Information: Contact Information: Liberty All-Star Growth Fund, Inc. 1-800-241-1850 www.all-starfunds.com