Liberty All-Star Growth Fund, Inc. Declares Distribution, Payable on September 6, 2022
July 11, 2022 at 12:00 pm EDT
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The Board of Directors of Liberty All-Star Growth Fund, Inc. has declared a distribution of $0.11 per share payable on September 6, 2022 to shareholders of record on July 22, 2022 (ex-dividend date of July 21, 2022). This distribution is in accordance with the Fund's current distribution policy of paying distributions on its shares totaling approximately 8% of its net asset value per year, payable in four quarterly installments of 2%. A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital.
The final determination of the source of all distributions in 2022 for tax reporting purposes, including the percentage of qualified dividend income, will be made after year-end.
Liberty All-Star Growth Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objective through investing at least 65% of its net assets in a diversified portfolio of equity securities of companies of any market capitalization. The Fund may invest up to 35% of the value of its total assets in United States (U.S.) Government Securities, repurchase agreements with respect to U.S. Government Securities, and, to an extent not greater than 10% of the market value of the Fund's total assets, money market mutual funds that invest primarily in U.S. Government Securities. The Fund's investment advisor is ALPS Advisors, Inc. The Fund's investment managers include Congress Asset Management Company, LLP; Sustainable Growth Advisers, LP, and Weatherbie Capital LLC.