Liberty All-Star Growth Fund, Inc.

Frequently Asked Questions About ASG

What does ASG invest in?

The Liberty All-Star Growth Fund, Inc. functions as a U.S.-domiciled, closed-end equity investment vehicle, with its primary management handled by ALPS Advisers, Inc. It also benefits from the expertise of co-managers Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund's investment strategy focuses on the public equity markets of the United States, primarily allocating capital to growth-oriented companies across all market capitalizations and a diverse array of sectors. Its portfolio construction employs a bottom-up stock selection approach, driven by thorough fundamental analysis and proprietary internal research. To gauge its performance, the fund benchmarks against prominent indices such as the NASDAQ Composite Index, the Russell 3000 Growth Index, and the S&P 500 Index. Originally established on March 14, 1986, it was formerly known as Charles Allmon Trust, Inc.

What is the expense ratio of ASG?

Liberty All-Star Growth Fund, Inc. (ASG) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ASG?

Liberty All-Star Growth Fund, Inc. (ASG) manages $318.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ASG actively managed or an index fund?

ASG is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (ASG's is 1.10%) because there's no security selection cost.

When was ASG launched?

Liberty All-Star Growth Fund, Inc. (ASG) launched in March 1986 and is managed by the fund issuer.

How has ASG performed?

ASG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.