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


BOSTON, MA--(Marketwired - Apr 16, 2013) - Below is the March 2013 Monthly Update for the Liberty All-Star® Equity Fund. (NYSE: USA)

   
Liberty All-Star Equity Fund Monthly Update
  Ticker: USA March, 2013
             
Monthly Performance    
Performance   NAV   Market Price   Discount
  Beginning of month value   $5.59   $5.02   10.2%
  Distributions   -   -    
  End of month value   $5.80   $5.17   10.9%
  Performance for month   3.76%   2.99%    
  Performance year-to-date   10.15%   10.12%    
               
Returns calculated assuming distributions reinvested. Past performance cannot predict future results.
 
             
Net Assets at Month-End ($millions)        
  Total   $1,080.1        
  Equities   $1,053.0        
  Percent Invested   97.5%        
       
Top 20 Holdings at Month-End  
    (30.3% of equity portfolio)  
    (Rank from previous month)  
1   JPMorgan Chase & Co. (2) 2.5%
2   Google, Inc., Class A (4) 2.3%
3   QUALCOMM, Inc. (3) 2.2%
4   Citigroup, Inc. (6) 1.8%
5   Schlumberger Ltd. (5) 1.8%
6   ACE Ltd. (7) 1.7%
7   State Street Corp. (8) 1.5%
8   SunTrust Banks, Inc. (10) 1.4%
9   Visa, Inc., Class A (12) 1.4%
10   TE Connectivity Ltd. (9) 1.4%
11   MetLife, Inc. (13) 1.3%
12   Devon Energy Corp. (14) 1.3%
13   Hewlett-Packard Co. (15) 1.3%
14   Dell, Inc. (11) 1.3%
15   Microsoft Corp. (17) 1.2%
16   Salesforce.com, Inc. (27) 1.2%
17   Apple, Inc. (1) 1.2%
18   Bank of America Corp. (21) 1.2%
19   NVR, Inc. (20) 1.2%
20   Chesapeake Energy Corp. (18) 1.1%
    Holdings are subject to change.  
       
Sector Breakdown (% of equity portfolio)*  
  Financials 24.1%
  Information Technology 20.9%
  Energy 14.8%
  Consumer Discretionary 12.5%
  Health Care 9.6%
  Industrials 7.3%
  Consumer Staples 6.0%
  Materials 2.6%
  Telecommunication Services 1.2%
  Utilities 1.0%
Total Market Value 100.0%
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).
   
New Holdings  
Aetna, Inc. Holdings Liquidated
Altera Corp. Avnet, Inc.
Edwards Lifesciences Corp. RenaissanceRe Holdings Ltd.
Mondelez International, Inc.  
Tiffany & Co.  
Willis Group Holdings PLC  

Contact Information:

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