BOSTON, MA--(Marketwire - Apr 19, 2011) - Below is the March 2011 Monthly Update for the Liberty All-Star® Equity Fund. (NYSE: USA)
March 2011 Monthly Update
Performance NAV Market Price Discount
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Beginning of month value $5.96 $5.21 12.6%
Distributions - -
End of month value $5.92 $5.26 11.1%
Performance for month -0.67% 0.96%
Performance year-to-date 5.61% 8.59%
For daily data visit the Fund's website at www.all-starfunds.com or call
1-800-241-1850. The Fund's daily NAV is also available by using the
symbol XUSAX. Past performance cannot predict future results.
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Net Assets at Month-End ($millions)
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Total $1,080.7
Equities $1,057.9
Convertible Bonds $0.7
Percent Invested 98.0%
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Top 20 Holdings at Month-End (28.8% of portfolio)
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(Rank from previous month)
1 Apple, Inc. (1) 2.7% 11 Rockwell Automation, Inc. (14) 1.2%
2 JPMorgan Chase & Co. (2) 2.2% 12 The Allstate Corp. (13) 1.2%
3 Dell, Inc. (3) 1.9% 13 Amazon.com, Inc. (15) 1.2%
4 Bank of America Corp. (4) 1.9% 14 Citigroup, Inc. (17) 1.1%
5 QUALCOMM, Inc. (5) 1.7% 15 Wells Fargo & Co. (12) 1.1%
6 Arch Coal, Inc. (7) 1.6% 16 Zimmer Holdings, Inc. (9) 1.1%
7 Google, Inc., Class A(6) 1.6% 17 The Western Union Co. (11) 1.1%
8 PNC Financial Services 18 State Street Corp. (21) 1.1%
Group, Inc. (8) 1.5% 19 BP PLC (18) 1.0%
9 Visa, Inc., Class A (20) 1.3% 20 Costco Wholesale Corp. (23) 1.0%
10 Consol Energy, Inc. (10) 1.3%
Holdings are subject to change
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Sector Breakdown (% of portfolio)* New Holdings
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Information Technology 23.4% ARM Holdings PLC
Financials 19.7% Expedia, Inc.
Energy 14.8% Harris Corp.
Health Care 11.2% Molson Coors Brewing Co.
Consumer Discretionary 10.2% Royal Dutch Shell PLC
Industrials 8.5% Tiffany & Co.
Consumer Staples 5.6% Volcano Corp.
Materials 3.6%
Utilities 2.1% Holdings Liquidated
Telecommunication Services 0.9% -------------------
----- International Rectifier Corp.
100.0% NIKE, Inc., Class B
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* 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