Liberty All-Star(R) Growth Fund, Inc. March 2012 Monthly Update


BOSTON, MA--(Marketwire - Apr 11, 2012) - Below is the March 2012 Monthly Update for the Liberty All-Star® Growth Fund, Inc. (NYSE: ASG)

Liberty All-Star Growth Fund Monthly Update
Ticker: ASG March 12
Top 20 Holdings at Month-End
(34.8% of equity portfolio)
(Rank from previous month)
1 Apple, Inc. (1) 3.1%
2 Salesforce.com, Inc. (2) 2.4%
3 QUALCOMM, Inc. (4) 2.1%
4 Oceaneering International, Inc. (3) 1.9%
5 ACE Ltd. (6) 1.9%
6 Core Laboratories N.V. (9) 1.8%
7 FMC Technologies, Inc. (7) 1.8%
8 Intuitive Surgical, Inc. (8) 1.8%
9 VMware, Inc., Class A (12) 1.8%
10 IHS, Inc., Class A (5) 1.7%
11 C.H. Robinson Worldwide, Inc. (10) 1.7%
12 American Tower Corp., Class A (11) 1.7%
13 ARM Holdings PLC (14) 1.5%
14 Baidu, Inc. (15) 1.5%
15 Expeditors International of Washington, Inc. (17) 1.5%
16 Google, Inc., Class A (16) 1.4%
17 Cerner Corp. (13) 1.3%
18 priceline.com, Inc. (25) 1.3%
19 Signature Bank (21) 1.3%
20 BioMarin Pharmaceutical, Inc. (19) 1.3%
Holdings are subject to change.
Monthly Performance
Performance NAV Market Price Discount
Beginning of month value $4.68 $4.27 8.8%
Distributions - -
End of month value $4.79 $4.35 9.2%
Performance for month 2.35% 1.87%
Performance year-to-date 14.66% 16.01%
Past performance cannot predict future results
Net Assets at Month-End ($millions)
Total $144.0
Equities $140.2
Percent Invested 97.3%
Sector Breakdown (% of equity portfolio)*
Information Technology 31.1%
Industrials 14.9%
Consumer Discretionary 14.0%
Health Care 12.3%
Financials 9.9%
Energy 9.3%
Materials 3.6%
Consumer Staples 2.7%
Telecommunication Services 1.7%
Utilities 0.5%
Total Market Value 100.0%
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).
New Holdings Holdings Liquidated
Cliffs Natural Resources, Inc. IPC The Hospitalist Co., Inc.
InnerWorkings, Inc. Ulta Salon, Cosmetics & Fragrance, Inc.

Contact Information:

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