BOSTON, MA--(Marketwire - May 19, 2011) - Below is the April 2011 Monthly Update for the Liberty All-Star® Equity Fund. (NYSE: USA)
April 2011 Monthly Update
Performance NAV Market Price Discount
------------------------------ ----- ------------ -----------
Beginning of month value $5.92 $5.26 11.1%
Distributions - -
End of month value $6.06 $5.37 11.4%
Performance for month 2.36% 2.09%
Performance year-to-date 8.11% 10.86%
For daily data visit the Fund's website at www.all-starfunds.com or call
1-800-241-1850. The Fund's daily NAV is also available by using the symbol
XUSAX. Past performance cannot predict future results.
---------------------------------------------------------------------------
Net Assets at Month-End ($millions)
----------------------------------
Total $1,107.5
Equities $1,083.3
Convertible Bonds $0.5
Percent Invested 97.9%
---------------------------------------------------------------------------
Top 20 Holdings at Month-End (28.0% of portfolio)
------------------------------------------------
(Rank from previous month)
1 Apple, Inc. (1) 2.8% 11 Consol Energy, Inc. (10) 1.2%
2 JPMorgan Chase & Co. (2) 2.2% 12 Amazon.com, Inc. (13) 1.1%
3 Dell, Inc. (3) 2.0% 13 Citigroup, Inc. (14) 1.1%
4 Bank of America Corp. (4) 1.8% 14 Zimmer Holdings, Inc. (16) 1.1%
5 QUALCOMM, Inc. (5) 1.7% 15 The Western Union Co. (17) 1.1%
6 PNC Financial Services 16 State Street Corp. (18) 1.1%
Group, Inc. (8) 1.4% 17 Wells Fargo & Co. (15) 1.1%
7 ACE Ltd. (21) 1.4% 18 BP Plc (19) 1.0%
8 Visa, Inc., Class A (9) 1.4% 19 C.H. Robinson Worldwide, Inc. (24) 1.0%
9 The Allstate Corp. (12) 1.3% 20 Arch Coal, Inc. (6) 1.0%
10 Baidu, Inc. (22) 1.2%
Holdings are subject to change
---------------------------------------------------------------------------
Sector Breakdown (% of portfolio)* New Holdings
--------------------------------- ------------
Information Technology 23.9% Cobalt International Energy, Inc.
Financials 19.3% Entergy Corp
Energy 14.5% Johnson Controls, Inc.
Health Care 11.1% Peabody Energy Corp
Consumer Discretionary 10.5% Tornier NV
Industrials 8.3%
Consumer Staples 5.5% Holdings Liquidated
--------------------
Materials 3.5% Annaly Capital Management, Inc.
Utilities 2.5% Brown & Brown, Inc.
Telecommunication Services 0.9% General Motors Co.
----- Marvell Technology Group
100.0% Philip Morris International, Inc.
=====
* Based on Standard & Poor's and MSCI Barra Global Industry Classification
Standard (GICS).
The Liberty All-Star Equity Fund is a closed-end fund and does not
continuously offer shares.
Contact Information:
Contact Information:
Liberty All-Star Equity Fund
1-800-241-1850
www.all-starfunds.com