News Feed Item

Liberty All-Star(R) Growth Fund, Inc. April 2014 Monthly Update

BOSTON, MA -- (Marketwired) -- 05/16/14 -- Below is the April 2014 Monthly Update for the Liberty All-Star® Growth Fund, Inc. (NYSE: ASG)

Liberty All-Star Growth Fund                                  Monthly Update
  Ticker: ASG                                                    April, 2014

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:
        Weatherbie Capital, LLC
        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
     (30.6% of equity portfolio)
     (Rank from previous month)
   1 Dril-Quip, Inc. (2)                                                2.1%
   2 Cerner Corp. (1)                                                   2.0%
   3 Google, Inc. (4)                                                   1.8%
   4 Signature Bank (3)                                                 1.7%
   5 Splunk, Inc. (5)                                                   1.6%
   6 Salesforce.com, Inc. (7)                                           1.6%
   7 athenahealth, Inc. (6)                                             1.6%
   8 Schlumberger Ltd. (12)                                             1.6%
   9 American Tower Corp. (11)                                          1.5%
  10 Amazon.com, Inc. (9)                                               1.5%
  11 ARM Holdings PLC (8)                                               1.5%
  12 Precision Castparts Corp. (16)                                     1.4%
  13 Waste Connections, Inc. (15)                                       1.4%
  14 LinkedIn Corp., Class A (10)                                       1.4%
  15 Visa, Inc., Class A (14)                                           1.4%
  16 ACE Ltd. (21)                                                      1.3%
  17 Starbucks Corp. (17)                                               1.3%
  18 IHS, Inc., Class A (20)                                            1.3%
  19 Middleby Corp. (30)                                                1.3%
  20 Illumina, Inc. (42)                                                1.3%
     Holdings are subject to change.

Monthly Performance
Performance                                      NAV   Market Price Discount
  Beginning of month value                      $5.78      $5.59      3.3%
  Distributions (Ex-Date April 30)              $0.08      $0.08
  End of month value                            $5.37      $5.31      1.1%
  Performance for month                        -5.69%     -3.58%
  Performance year-to-date                     -6.26%     -2.52%

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

Returns for the Fund are total returns, which include dividends. Performance
returns are net of 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. Sources of distributions to shareholders may
include ordinary dividends, long-term capital gains and return of capital.
The actual amounts and sources of the amounts for tax reporting purposes
will depend upon the Fund's investment experience during the remainder of
its fiscal year and may be subject to changes based on tax regulations. If a
distribution includes anything other than net investment income, the Fund
provides a Section 19(a) notice of the best estimate of its distribution
sources at that time. These estimates may not match the final tax
characterization (for the full year's distributions) contained in
shareholders' 1099-DIV forms after the end of the year.

Net Assets at Month-End ($millions)
  Total                                                           $127.9
  Equities                                                        $125.9
  Percent Invested                                                98.5%

Sector Breakdown (% of equity portfolio)*
  Information Technology                                          25.0%
  Industrials                                                     17.4%
  Consumer Discretionary                                          16.2%
  Financials                                                      14.4%
  Health Care                                                     13.2%
  Energy                                                          6.8%
  Consumer Staples                                                6.0%
  Materials                                                       0.7%
  Telecommunication Services                                      0.3%
Total Market Value                                                100.0%

*Based on Standard & Poor's and MSCI Barra Global Industry Classification
Standard (GICS).

New Holdings                           Holdings Liquidated
-------------------------------------  -------------------------------------
Chipotle Mexican Grill, Inc., Class A  Santander Consumer USA Holdings, Inc.
Synaptics, Inc.                        Silver Wheaton Corp.

Contact Information:
Liberty All-Star Growth Fund, Inc.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue an...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.