SOURCE: ALPS Advisers, Inc.

February 08, 2007 15:36 ET

Liberty All-Star® Growth Fund, Inc. January 2007 Monthly Update

BOSTON, MA -- (MARKET WIRE) -- February 8, 2007 --Below is the January 2007 Monthly Update for the Liberty All-Star® Growth Fund, Inc. (NYSE: ASG)


                             January 2007 Monthly Update

                                                     Market    Premium /
Performance                                NAV       Price     (Discount)
-----------                            ----------  ----------  ----------
      Beginning of month value         $     5.69  $     5.37        -5.6%
      Distributions                             -           -
      End of month value               $     5.86  $     5.55        -5.3%
      Performance for month                   3.0%        3.4%
      Performance year-to-date                3.0%        3.4%

      For daily data visit the Fund's website at www.all-starfunds.com or
      call 1-800-241-1850. Daily NAV is available under the symbol XASGX.


Net Assets at Month-End ($millions)
-----------------------------------
      Total                              $ 161.4
      Equities                           $ 157.1
      Percent Invested in Equities          97.3%


Top 20 Holdings at Month-End (29.2% of equity portfolio)
-------------------------------------------------------
        (Rank from previous month)

1  Genentech (1)                 2.4%  11 Cognizant Technology
                                           Solutions (14)           1.4%
2  Affiliated Managers Group (2) 2.1%  12 Danaher (11)              1.4%
3  Corporate Executive Board (3) 1.9%  13 PepsiCo (22)              1.3%
4  ResMed (4)                    1.8%  14 Walgreen (13)             1.2%
5  Resources Connection (5)      1.6%  15 Amgen (15)                1.2%
6  Fastenal (6)                  1.5%  16 GFI Group (17)            1.2%
7  NIKE (8)                      1.4%  17 Johnson Controls (51)     1.2%
8  Goldman Sachs (10)            1.4%  18 UTI Worldwide (16)        1.2%
9  Cisco Systems (7)             1.4%  19 Geophysique-Veritas (24)  1.1%
10 Paychex (9)                   1.4%  20 Taiwan Semiconductor (20) 1.1%


Sector Breakdown (% of equity  portfolio) *      New Holdings
----------------------------------------         -------------
      Information Technology         25.2%       Aerovironment
      Consumer Discretionary         18.0%       Electronic Arts
      Industrials                    17.4%       Hansen Natural
      Health Care                    16.6%
      Financials                     11.0%       Holdings Liquidated
                                                 ---------------------
      Energy                          6.9%       Capital One Financial
      Consumer Staples                3.0%       IntraLase
      Materials                       1.0%       Melco PBL Entertainment
      Telecommunication Services      0.9%
                                    -----
                                    100.0%

*  Based on Standard & Poor's and Morgan Stanley Capital International
Global Industry Classification Standard (GICS).

Contact Information

  • Contact:
    Liberty All-Star® Growth Fund, Inc.
    617-434-5949