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boston, January 12, 2024 /PRNewswire/ — Below is December 2023 Liberty All Star Equity Fund monthly updates. (New York Stock Exchange: united states of america)
Liberty All Star Equity Fund
Ticker: USA
Monthly updates, December 2023
Investment approach:
Fund Style: Large Cap Core
Fund Strategy: Combines three value-style investment managers and two growth-style investment managers. Those selected demonstrate consistent investment philosophies, decision-making processes, continuity of key personnel, and above-average long-term results compared to similarly styled managers.
Investment manager:
Value manager:
Aristotle Capital Management LLC
Fiduciary Management Co., Ltd.
Pizena Investment Management LLC
Growth manager:
Sustainable Growth Advisor, LP
TCW Investment Management Company
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Top 20 holdings at the end of the month |
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(34.6% of stock portfolio) |
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1 |
Microsoft Corporation |
3.8% |
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2 |
Alphabet Co., Ltd. |
3.1% |
|
3 |
Amazon.com Inc. |
2.5% |
|
Four |
United Health Group Co., Ltd. |
2.5% |
|
Five |
NVIDIA Corporation |
2.3% |
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6 |
Visa Co., Ltd. |
2.1% |
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7 |
Service Now Co., Ltd. |
2.1% |
|
8 |
S&P Global Co., Ltd. |
1.6% |
|
9 |
charles schwab company |
1.4% |
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Ten |
Capital One Financial Corporation |
1.4% |
|
11 |
Sony Group Corporation |
1.4% |
|
12 |
Adobe Corporation |
1.4% |
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13 |
Salesforce Co., Ltd. |
1.3% |
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14 |
danaher company |
1.3% |
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15 |
Autodesk Corporation |
1.2% |
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16 |
Ecolab Co., Ltd. |
1.2% |
|
17 |
Ferguson PLC |
1.1% |
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18 |
Fresenius Medical Care AG |
1.0% |
|
19 |
Cisco Co., Ltd. |
1.0% |
|
20 |
Micron Technology Co., Ltd. |
0.9% |
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Stocks held may change. |
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Monthly performance: |
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performance |
navigation |
market price |
discount |
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value at the beginning of the month |
$6.40 |
$6.17 |
-3.6% |
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value at the end of the month |
$6.75 |
$6.38 |
-5.5% |
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monthly performance |
5.47% |
3.40% |
|
|
Year-to-date performance |
26.12% |
23.39% |
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Net assets at month end ($ million) |
|
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total |
$1,866.9 |
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stock |
$1,804.6 |
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investment rate |
96.7% |
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Sector breakdown (% of stock portfolio)* |
|
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finance |
21.9% |
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information technology |
21.9% |
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health care |
13.5% |
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Consumer voluntary |
12.6% |
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industrial |
8.2% |
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material |
5.7% |
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communication service |
5.6% |
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Daily necessities |
5.0% |
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energy |
2.1% |
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real estate |
2.0% |
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public works |
1.5% |
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Total market value |
100.0% |
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*Based on Standard & Poor’s and MSCI Global Industry Classification Standards (GICS). |
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New possession
O’Reilly Automotive Company
Liquidated holdings
halliburton company
A closed-end fund’s net asset value (NAV) is the market value of the underlying investments (such as stocks and bonds) in the fund’s portfolio, minus any debt, divided by the fund’s total number of outstanding shares. However, the fund also has a market price. The price traded on an exchange. If the market price is above NAV, the fund is trading at a premium. If the market price is below NAV, the Fund will trade at a discount.
A fund’s performance return is its total return, including dividends, less management fees and other fund expenses. Returns are calculated assuming that shareholders reinvest all distributions. Past performance cannot predict future investment results.
Performance will fluctuate due to changes in the market environment. Current performance may be lower or higher than the performance data shown. The performance information presented does not reflect the deduction of taxes paid by shareholders on Fund distributions or sales of Fund shares. Shareholders must be able to tolerate significant fluctuations in the value of their investments. Investing in the Fund involves risks, including loss of principal.
Sources for distributions to shareholders include common dividends, long-term capital gains, and returns of capital. A final determination of the source of all his 2023 distributions for tax reporting purposes will be made after the year-end. The source of the actual amounts and amounts for tax reporting purposes will depend on the Fund’s investment experience during the fiscal year and may change based on tax laws. Based on current estimates, a portion of the distribution will consist of a return of capital. These estimates may not match the final tax characteristics (for full-year distributions) included on the shareholder 1099-DIV form after year-end.
All data are current December 31, 2023 Unless otherwise stated.
Liberty All Star® Equity Fund
1-800-241-1850
www.all-starfunds.com
[email protected]
SOURCE Liberty All Star Equity Fund
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