Liberty All-Star Growth Fund, Inc.

Liberty All-Star® Growth Fund, Inc. August 2026 Monthly Update

Liberty All-Star Growth Fund (NYSE: ASG) ended August 2026 with a NAV of $5.92 and total net assets of $380.0 million, 100% invested in its all-cap growth strategy run by three sub-advisors. Monthly NAV performance was +0.68% and the market price returned +1.17%, narrowing the discount to NAV from -12.6% to -12.2%; year-to-date returns stand at 7.87% on NAV versus 4.77% on market price. The fund added nine new positions including Celestica, Rubrik, and Williams-Sonoma while liquidating five holdings including Coherent and D.R. Horton; Information Technology remains the largest sector at 36.0% of the equity portfolio.

•1mo ago

ASG: PRE 14A · proxy statement

Liberty All Star Growth Fund Inc. filed a preliminary proxy statement for its 2026 Annual Meeting, seeking shareholder approval for a new portfolio management agreement with Loomis Sayles for the Equity Fund. This change replaces Sustainable Growth Advisers, which managed the large-cap growth portion of the portfolio since 2016, with Loomis Sayles effective June 15, 2026. The Board approved the switch to enhance the mix of investment styles, citing Loomis Sayles’ fundamental, bottom-up growth strategy and experienced team. The sub-advisory fee rate for Loomis Sayles is identical to the rate previously paid to Sustainable Growth Advisers, starting at 0.40% on assets up to $400 million, with tiered reductions for larger asset levels. The proxy also lists routine proposals to elect Trustees for the Equity Fund and Directors for the Growth Fund. Cohen & Company, Ltd. continues to serve as the independent auditor, with aggregate audit fees of $19,000 for the Equity Fund and $17,500 for the Growth Fund for the fiscal year ended December 31, 2025.

SEC PRE 14A•4mo ago