LIBERTY ALL STAR GROWTH FUND INC. (ASG)
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.
Industry: Asset Management
Liberty All-Star Growth Fund, Inc.
NYSE:ASGFinancial Services · Asset Management
+1.22%$4.99
AH Close$4.99+0.00%vs close
AH Close$4.99+0.00%vs close
Mkt Cap$317.95M
Float63.49M
O/S63.72M
Inst Own23.1%
SI0.2%
Div Yield9.42%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$31.18M
Net Income$14.7M
Total Assets$380.51M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$368.35M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ASG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$380.51M
Liabilities$12.16M
Accounts Receivable$258K
Accounts Payable$5.68M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $31.18M | $59.33M | -$6.83M | -$17.94M | $58.65M | $45.81M | $64.93M | -$4.43M | $35.33M | $12.57M | $10.85M | $753K | $733K | $1.03M |
| YoY Growth | -47.4% | -968.9% | -61.9% | -130.6% | 28.0% | -29.4% | -1564.1% | -112.6% | 181.1% | 15.8% | 1340.5% | 2.8% | -29.0% | - |
| Cost of Revenue | $3.67M | $3.62M | $3.26M | $3.45M | $4.2M | $2.87M | $2.4M | $1.92M | $1.56M | $1.38M | $1.56M | $0 | $0 | $0 |
| Gross Profit | $27.51M | $55.71M | $57.1M | -$21.39M | $54.46M | $42.93M | $62.53M | -$6.35M | $33.78M | $11.19M | $9.3M | $753K | $733K | $1.03M |
| Gross Margin | 88.2% | 93.9% | -836.2% | 119.2% | 92.8% | 93.7% | 96.3% | 143.2% | 95.6% | 89.0% | 85.7% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $8 | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.14M | $1.3M | $984K | $1.08M | $1.31M | $998K | $850K | $682K | $584K | $1.62M | $1.77M | $1.79M | $1.61M | $1.77M |
| Other | $11.67M | $78K | $82K | $79K | $74K | $2.2M | $70K | $68K | $63K | $0 | -$7.33M | $0 | $0 | $0 |
| Total Operating Expenses | $12.81M | $1.38M | $1.07M | $1.15M | $1.38M | $3.2M | $921K | $750K | $648K | $4.61M | $7.33M | $2.11M | $38.85M | $11M |
| Operating Income (EBIT) | $14.7M | $50.08M | $56.03M | -$140.24M | $63.08M | -$1.85M | $64.01M | -$5.18M | $34.69M | $5.83M | $1.97M | -$1.04M | -$876K | -$734K |
| Operating Margin | 47.1% | 84.4% | -820.6% | 781.7% | 107.6% | -4.0% | 98.6% | 116.9% | 98.2% | 46.3% | 18.1% | -137.8% | -119.5% | -71.1% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $1.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26K | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | -$219 | $0 | $0 | $0 | $108.52M | $0 | $0 | $1.56M | $6.23M | $2.59M | $3.91M | $40.46M | $12.77M |
| Income Before Tax (EBT) | $14.7M | $50.08M | $56.03M | -$140.24M | $63.08M | $106.67M | $64.01M | -$5.18M | $34.69M | $5.83M | $1.97M | $2.87M | $39.58M | $12.03M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$644K | -$406K | -$621K | $0 | $0 | $0 |
| Net Income | $14.7M | $50.08M | $56.03M | -$140.24M | $63.08M | $106.67M | $64.01M | -$5.18M | $34.69M | $5.83M | $1.97M | $2.87M | $39.58M | $12.03M |
| Net Income Margin | 47.1% | 84.4% | -820.6% | 781.7% | 107.6% | 232.9% | 98.6% | 116.9% | 98.2% | 46.3% | 18.1% | 380.6% | 5398.6% | 1166.0% |
| Supplementary Data | ||||||||||||||
| EPS | 0.23 | 0.82 | 0.95 | -2.52 | 1.37 | 2.52 | 1.71 | -0.14 | 1.17 | 0.22 | 0.08 | 0.12 | 1.67 | 0.52 |
| Diluted EPS | 0.23 | 0.82 | 0.95 | -2.52 | 1.37 | 2.52 | 1.71 | -0.14 | 1.17 | 0.22 | 0.08 | 0.12 | 1.67 | 0.52 |
| Weighted Average OS | 62.86M | 61.07M | 58.98M | 55.65M | 111.58M | 42.38M | 37.43M | 37.10M | 29.64M | 26.34M | 24.92M | 24.22M | 23.69M | 22.97M |
| EBITDA | $14.7M | $50.08M | $57.58M | -$138.24M | $63.08M | $106.67M | $65.27M | -$4.4M | $35.33M | $6.23M | $2.59M | $3.91M | $876K | $734K |
| EBITDA Margin | 47.1% | 84.4% | -843.3% | 770.6% | 107.6% | 232.9% | 100.5% | 99.2% | 100.0% | 49.6% | 23.9% | 518.3% | 119.5% | 71.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $6.69M | $0 | $8.64M | $8.91M | $22.09M | $9.88M | $5.48M | $5.83M | $1.01M | -$21.96M | $2K | $1K | $2K | $2K |
| Short-Term Investments | $6.11M | $0 | $690K | $1.35M | $942K | $3.61M | $4.33M | $1.57M | $0 | $12.69M | $13.59M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $12.8M | $0 | $9.33M | $10.26M | $23.03M | $13.49M | $9.81M | $7.4M | $1.01M | $12.69M | $13.59M | $1K | $2K | $2K |
| Accounts Receivable | $258K | $5.47M | $120K | $568K | $7.24M | $2.09M | $5.79M | $2.96M | $1.35M | $3.83M | $857K | $962K | $138K | $496K |
| Inventory | $0 | $0 | $0 | $586K | $7.26M | $0 | $5.81M | $2.97M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $22K | -$8.64M | -$10.85M | -$30.34M | -$13.49M | -$15.63M | $1.58M | $6.47M | $9.27M | $17.23M | $7.52M | $3.99M | $3.16M |
| Total Current Assets | $13.06M | $5.49M | $878K | $568K | $7.24M | $2.09M | $5.79M | $2.96M | $2.36M | $13.1M | $18.09M | $8.49M | $4.13M | $3.66M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $367.45M | $373.19M | $344.93M | $303.32M | $467.84M | $347.34M | $239.71M | $186.5M | $160.42M | $115.11M | $134.58M | $135.15M | $137.47M | $101.62M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $726 | -$14K | $623K | $303.89M | $475.09M | $0 | $0 | -$186.5M | -$160.42M | $11.98M | -$3.63M | $0 | $0 | -$101.62M |
| Total Long-Term Assets | $367.45M | $373.18M | $345.56M | $303.32M | $467.84M | $347.34M | $239.71M | $186.5M | $160.42M | $127.09M | $130.95M | $135.15M | $137.47M | $101.62M |
| Other Assets | $0 | $0 | -$1.31M | $18K | $62K | $20K | $29K | $14K | $8K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $380.51M | $378.67M | $345.12M | $303.91M | $475.15M | $349.45M | $245.53M | $189.47M | $162.79M | $140.2M | $149.04M | $143.64M | $141.6M | $105.27M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $5.68M | $5.62M | $3.53M | $3.24M | $17.72M | $7.33M | $5.53M | $4.31M | $2.4M | $0 | $0 | $0 | $195K | $165K |
| Short-Term Debt | $0 | $14K | $690K | $1.35M | $942K | $3.61M | $0 | $0 | $0 | $9.27M | $13.59M | $4.31M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $1.89M | $16.78M | $3.73M | $1.2M | $2.74M | -$4.07M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $203K | -$1.66M | -$4.86M | -$19.04M | -$11.23M | -$5.78M | -$6.05M | -$9M | $1.77M | $10.53M | $1.51M | $1.49M | $872K |
| Total Current Liabilities | $12.09M | $6.23M | $3.53M | $3.24M | $17.72M | $7.33M | $5.53M | $4.31M | $2.4M | $13.73M | $24.78M | $5.91M | $1.69M | $1.04M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $12.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $12.16M | $217K | $4.67M | $3.24M | $19.19M | $11.31M | $10.21M | $6.12M | $9.07M | $13.73M | $24.78M | $0 | $0 | $0 |
| Other Liabilities | $0 | $6.23M | -$3.53M | -$1.52M | -$19.19M | -$7.33M | -$5.53M | -$4.31M | -$2.4M | -$13.73M | -$24.78M | $0 | $0 | $0 |
| Total Liabilities | $12.16M | $6.23M | $4.67M | $4.96M | $17.72M | $11.31M | $10.21M | $6.12M | $9.07M | $13.73M | $24.78M | $5.91M | $1.69M | $1.04M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $291.09M | $283.83M | $275.81M | $290.49M | $281.29M | $175.33M | $153.39M | $148.19M | $99.78M | $96.03M | $90.56M | $87.3M | $84.69M | $81.38M |
| Retained Earnings | $77.26M | $88.61M | $64.64M | $8.46M | $174.67M | $162.81M | $81.94M | $35.16M | $3K | $30.44M | $33.7M | $50.43M | $55.22M | $22.85M |
| Comprehensive Income & Other | $77.26M | $0 | $64.64M | $8.46M | $174.67M | $0 | $0 | $35.16M | $53.94M | $30.44M | $33.7M | $0 | -$0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $53.94M | $0 | $0 | $0 | $0 | $0 |
| Total Equity | $368.35M | $372.44M | $340.45M | $298.95M | $455.96M | $338.14M | $235.33M | $183.35M | $153.72M | $126.47M | $124.27M | $137.73M | $139.91M | $104.23M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $380.51M | $378.67M | $345.12M | $303.91M | $473.68M | $349.45M | $245.53M | $189.47M | $162.79M | $140.2M | $149.04M | $143.64M | $141.6M | $105.27M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $14K | $690K | $1.35M | $942K | $3.61M | $4.33M | $1.57M | $6.46M | $9.27M | $13.59M | $4.31M | $0 | $0 |
| Net Debt | -$6.69M | $14K | -$7.95M | -$7.56M | -$21.15M | -$6.27M | -$1.15M | -$4.26M | $5.45M | $31.23M | $13.59M | $4.31M | -$2K | -$2K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $14.7M | $50.08M | $56.03M | -$140.24M | $63.08M | $106.67M | $64.01M | -$5.18M | $34.69M | $5.83M | $1.97M | $2.87M | $39.58M | $12.03M |
| Depreciation & Amortization | $0 | $0 | $1.55M | $2M | $0 | $0 | $1.26M | $785K | $644K | $406K | $621K | $1.04M | $876K | $734K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$14.7M | -$50.08M | -$57.58M | $138.24M | -$63.08M | -$106.67M | -$65.27M | $4.4M | -$35.33M | -$6.23M | -$2.59M | -$3.91M | -$40.46M | -$12.77M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | -$13.18M | $12.21M | $4.4M | -$348K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $0 | $22.09M | $9.88M | $5.48M | $5.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $0 | $8.91M | $22.09M | $9.88M | $5.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |