BOSTON, Sep 13, 2019 (GLOBE NEWSWIRE via COMTEX) -- Below is the August 2019 Monthly Update for the Liberty All-Star Growth Fund, Inc. /zigman2/quotes/203240833/composite ASG +1.43%
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, August, 2019
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 Congress Asset Management Company, LLP Mid-Cap Growth Sustainable Growth Advisers, LP Large-Cap Growth
Top 20 Holdings at Month-End (30.8% of equity portfolio) 1 FirstService Corp. 2.1% 2 Insulet Corp. 2.0% 3 Chegg, Inc. 1.9% 4 Nevro Corp. 1.8% 5 Paylocity Holding Corp. 1.8% 6 Microsoft Corp. 1.6% 7 Yum! Brands, Inc. 1.5% 8 Alphabet, Inc. 1.5% 9 salesforce.com, Inc. 1.4% 10 Casella Waste Systems, Inc. 1.4% 11 Abbott Laboratories 1.4% 12 Planet Fitness, Inc. 1.4% 13 Visa, Inc. 1.4% 14 PayPal Holdings, Inc. 1.4% 15 HEICO Corp. 1.4% 16 Autodesk, Inc. 1.4% 17 UnitedHealth Group, Inc. 1.4% 18 Equinix, Inc. 1.4% 19 Amazon.com, Inc. 1.3% 20 FleetCor Technologies, Inc. 1.3% Holdings are subject to change.
Monthly Performance: Performance NAV Market Price Discount Beginning of month value $6.05 $5.92 -2.1% End of month value $5.96 $5.91 -0.8% Performance for month -1.49% -0.17% Performance year-to-date 28.22% 43.08%
Net Assets at Month-End ($millions) Total $223.8 Equities $221.5 Percent Invested 98.9%
Sector Breakdown (% of equity portfolio)* Information Technology 30.6% Health Care 19.8% Consumer Discretionary 16.4% Industrials 14.0% Consumer Staples 4.3% Real Estate 4.3% Communication Services 4.2% Financials 3.4% Materials 2.8% Energy 0.2% Total Market Value 100.0% *Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).
New Holdings
Booz Allen Hamilton Holding Corp.
IHS Markit, Ltd.
Sun Communities, Inc.
Teledyne Technologies, Inc.
Holdings Liquidated