BOSTON,
Nov. 4,
2024 /PRNewswire/ -- The Board of Directors of
Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has declared a
distribution of $0.12 per share
payable on January 2, 2025 to
shareholders of record on November 15,
2024. This distribution is in accordance with the Fund's
current distribution policy of paying distributions on its shares
totaling approximately 8 percent of its net asset value per year,
payable in four quarterly installments of 2 percent. 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 2024 for tax
reporting purposes, including the percentage of qualified dividend
income, will be made after year-end.
The distribution will be paid in newly issued
shares to all shareholders except those who are not participating
in Liberty All-Star Growth Fund's Dividend Reinvestment Plan and
who elect to receive the distribution in cash. Shares will be
issued at the lower of the December 13,
2024 net asset value per share or market value per share
(but not less than 95% of market value). The market value of the
Fund's shares for this purpose will be the last sales price on the
New York Stock Exchange.
The Fund does not continuously issue shares and
trades in the secondary market, investors wishing to buy or sell
shares need to place orders through an intermediary or broker. The
share price of a closed-end fund is based on the market's value.
The Fund's shares are listed on the New York Stock Exchange under
the ticker symbol ASG. ALPS Advisors, Inc. is the investment
advisor of the Fund, a multi-managed, closed-end investment company
with more than $363 million in net
assets as of November 1, 2024.
Past performance cannot predict future
results.
An investment in the Fund involves risk,
including loss of principal.
Secondary market support
provided to the Fund by ALPS Fund Services, Inc.'s affiliate ALPS
Portfolio Solutions Distributor, Inc., a FINRA Member. ALPS
Fund Services, Inc., ALPS Advisors, Inc. and ALPS Portfolio
Solutions Distributor, Inc. are affiliated entities.
For Information Contact:
Liberty
All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
LAS001276
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SOURCE Liberty All-Star Growth Fund, Inc.