Liberty All-Star Growth Fund, Inc. Declares Regular Quarterly Distribution, Payable on January 3, 2022
November 08, 2021 at 12:35 pm EST
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The board of directors of Liberty All-Star Growth Fund, Inc. has declared a distribution totaling $0.52 per share payable on January 3, 2022 to shareholders of record on November 19, 2021 (ex-dividend date of November 18, 2021). This distribution consists of $0.18 per share 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% and $0.34 per share so the Fund can meet its 2021 distribution requirement for federal excise tax purposes.
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.