Liberty All-Star(R) Equity Fund January 2013 Monthly Update


BOSTON, MA--(Marketwire - Feb 15, 2013) - Below is the January 2013 Monthly Update for the Liberty All-Star® Equity Fund. (NYSE: USA)

Liberty All-Star Equity Fund Monthly Update
  Ticker: USA January, 2013
   
Monthly Performance    
Performance   NAV   Market Price   Discount
  Beginning of month value   $5.35   $4.77   10.8%
  Distributions (Ex-Date January 23)   $0.08   $0.08    
  End of month value   $5.61   $4.98   11.2%
  Performance for month   6.36%   6.08%    
  Performance year-to-date   6.36%   6.08%    
Past performance cannot predict future results        
 
             
Net Assets at Month-End ($millions)        
  Total   $1,039.8        
  Equities   $1,031.9        
  Percent Invested   99.2%        
         
Top 20 Holdings at Month-End  
    (31.2% of equity portfolio)  
    (Rank from previous month)  
1   Apple, Inc. (1) 3.0%
2   JPMorgan Chase & Co. (2) 2.6%
3   QUALCOMM, Inc. (3) 2.3%
4   Schlumberger Ltd. (4) 1.9%
5   Citigroup, Inc. (5) 1.8%
6   ACE Ltd. (6) 1.7%
7   Google, Inc., Class A (7) 1.6%
8   State Street Corp. (9) 1.6%
9   SunTrust Banks, Inc. (8) 1.4%
10   TE Connectivity Ltd. (10) 1.3%
11   MetLife, Inc. (12) 1.3%
12   The Allstate Corp. (13) 1.3%
13   Visa, Inc., Class A (11) 1.3%
14   Devon Energy Corp. (14) 1.2%
15   Toll Brothers, Inc. (16) 1.2%
16   Dell, Inc. (28) 1.2%
17   Microsoft Corp. (17) 1.2%
18   Chesapeake Energy Corp. (26) 1.1%
19   NVR, Inc. (18) 1.1%
20   The Charles Schwab Corp. (27) 1.1%
    Holdings are subject to change.  
 
Sector Breakdown (% of equity portfolio)*
  Financials 23.9%
  Information Technology 21.2%
  Energy 15.3%
  Consumer Discretionary 12.6%
  Health Care 9.0%
  Industrials 7.3%
  Consumer Staples 5.7%
  Materials 2.5%
  Telecommunication Services 1.5%
  Utilities 1.0%
Total Market Value 100.0%
 
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).
   
   
New Holdings Holdings Liquidated
  Ralph Lauren Corp.   KB Home
  The TJX Companies, Inc.   VF Corp.
   

Contact Information:

Contact Information:
Liberty All-Star Equity Fund
1-800-241-1850
www.all-starfunds.com