Liberty All-Star Growth Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP.
The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations.
It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Composite Index, Russell 3000 Growth Index, and the S&P 500 Index.
It conducts in-house research to make its investments. The fund was previously known as Charles Allmon Trust, Inc. Liberty All-Star Growth Fund, Inc. was formed on March 14, 1986 and is domiciled in the United States.
What does Liberty All-Star Growth Fund, Inc. (ASG) do?
Liberty All-Star Growth Fund, Inc. is a closed-ended equity mutual fund that invests in the public equity markets of the United States. It primarily focuses on growth stocks of companies across all market capitalizations, spanning diversified sectors. The fund is managed by ALPS Advisers, Inc. and co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. It employs a fundamental analysis with a bottom-up stock picking approach to construct its portfolio. The fund benchmarks its performance against indices such as the NASDAQ Composite Index, Russell 3000 Growth Index, and the S&P 500 Index. It was previously known as Charles Allmon Trust, Inc. and was formed on March 14, 1986.
Where is Liberty All-Star Growth Fund (ASG) listed and in which currency?
Liberty All-Star Growth Fund, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol ASG. The fund trades in United States Dollars (USD), which is the official currency of the United States where the fund is domiciled and operates. As a closed-end fund listed on a major U.S. exchange, investors can buy and sell shares through brokerage accounts, with prices determined by market supply and demand.
What sector and industry does Liberty All-Star Growth Fund (ASG) belong to?
Liberty All-Star Growth Fund, Inc. operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-ended equity mutual fund, its primary business is managing a diversified portfolio of growth stocks on behalf of investors. The fund's management team, including ALPS Advisers, Inc. and co-managers, makes investment decisions based on fundamental analysis and bottom-up stock selection. This places it among other asset management firms that pool capital from shareholders to invest in securities.
What is the geographic focus and history of Liberty All-Star Growth Fund (ASG)?
Liberty All-Star Growth Fund, Inc. is domiciled in the United States and focuses exclusively on the U.S. public equity markets. It invests in growth stocks of companies across all market capitalizations within the country. The fund was originally known as Charles Allmon Trust, Inc. and was formed on March 14, 1986. It is managed by ALPS Advisers, Inc. and co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund's investment strategy involves in-house research and bottom-up stock picking to build its portfolio.
How does Liberty All-Star Growth Fund (ASG) generate returns for investors?
Liberty All-Star Growth Fund generates returns by investing in a diversified portfolio of U.S. growth stocks across various sectors and market capitalizations. The fund employs a bottom-up, fundamental analysis approach to select individual stocks that it believes have strong growth potential. It benchmarks its performance against major indices like the NASDAQ Composite, Russell 3000 Growth, and S&P 500. As a closed-end fund, it raises capital through an initial public offering and then trades on the NYSE. Returns come from capital appreciation of the underlying stocks and any dividends paid by those companies. The fund's management team actively manages the portfolio to achieve long-term growth.