SOURCE: ALPS Advisors, Inc.

ALPS Advisors, Inc.

November 14, 2013 15:36 ET

Liberty All-Star® Growth Fund, Inc. October 2013 Monthly Update

BOSTON, MA--(Marketwired - Nov 14, 2013) - Below is the October 2013 Monthly Update for the Liberty All-Star® Growth Fund, Inc. (NYSE: ASG)

   
Liberty All-Star Growth Fund Monthly Update
  Ticker: ASG October, 2013
   
 
Investment Approach
 
Fund Style: All-Cap Growth
 
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap)selected and continuously monitored by the Fund's Investment Advisor.
 
 
Investment Managers:
M.A. Weatherbie & Company, Inc.
Small-Cap Growth | Matthew A. Weatherbie, CFA
TCW Investment Management Company
Mid-Cap Growth | Chang Lee and Mike Olson, CFA
Large-Cap Growth | Craig C. Blum, CFA
 
     
Top 20 Holdings at Month-End    
    (31.5% of equity portfolio)    
    (Rank from previous month)    
1   Cerner Corp. (1)   2.2%
2   ACE Ltd. (2)   1.9%
3   athenahealth, Inc. (14)   1.8%
4   Amazon.com, Inc. (11)   1.8%
5   Splunk, Inc. (4)   1.7%
6   Google, Inc., Class A (12)   1.7%
7   QUALCOMM, Inc. (6)   1.7%
8   Signature Bank (13)   1.6%
9   Salesforce.com, Inc. (9)   1.6%
10   Dril-Quip, Inc. (10)   1.6%
11   Under Armour, Inc., Class A (7)   1.6%
12   ARM Holdings PLC (5)   1.5%
13   LinkedIn Corp., Class A (3)   1.5%
14   American Tower Corp. (17)   1.4%
15   Starbucks Corp. (8)   1.4%
16   Ultimate Software Group, Inc. (20)   1.3%
17   Visa, Inc., Class A (18)   1.3%
18   Core Laboratories N.V. (21)   1.3%
19   Precision Castparts Corp. (23)   1.3%
20   Oceaneering International, Inc. (19)   1.3%
    Holdings are subject to change.    
         
     
Monthly Performance    
Performance   NAV   Market Price   Discount
  Beginning of month value   $5.55   $4.92   11.4%
  Distributions (Ex-Date October 30)   $0.09   $0.09    
  End of month value   $5.58   $5.05   9.5%
  Performance for month   2.33%   4.47%    
  Performance year-to-date   31.32%   32.89%    
             
 
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
 
Returns for the Fund are total returns, which include dividends, after deducting Fund expenses. The Fund's performance is calculated assuming that a shareholder reinvested all distributions and exercised all primary rights in the Fund's rights offerings. Past performance cannot predict future investment results.
 
Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
 
 
Net Assets at Month-End ($millions)
  Total $131.3
  Equities $129.6
  Percent Invested 98.7%
 
Sector Breakdown (% of equity portfolio)*  
  Information Technology 28.8%
  Industrials 17.5%
  Consumer Discretionary 15.5%
  Financials 12.3%
  Health Care 12.0%
  Energy 7.2%
  Consumer Staples 4.5%
  Materials 2.2%
Total Market Value 100.0%
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).  
   
     
New Holdings    
Insulet Corp.   Holdings Liquidated
Kansas City Southern   Ariad Pharmaceuticals, Inc.
    BJ's Restaurants, Inc.
    LKQ Corp.
    Tesla Motors, Inc.
     

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