Liberty All-Star® Growth Fund, Inc. November 2024 Monthly Update

Investment Approach - The Liberty All-Star Growth Fund, Inc. employs an all-cap growth investment style, utilizing three distinct growth style investment managers focusing on small-, mid-, and large-cap companies [1][2]. Monthly Performance - The net asset value (NAV) at the beginning of November was $5.96, with a market price of$5.56, reflecting a discount of 6.7%. By the end of the month, the NAV increased to $6.35, while the market price rose to$5.87, resulting in a discount of 7.6% [2]. - The fund achieved a performance of 8.72% for the month and 20.25% year-to-date, while the market price performance was 7.73% for the month and 21.05% year-to-date [2]. Holdings Overview - Total net assets at month-end were $384.8 million, with$383.6 million invested in equities, indicating a 99.7% investment rate [2]. - The top 20 holdings constituted 39.1% of the equity portfolio, with NVIDIA Corp. at 3.9%, Apple, Inc. at 3.0%, and Amazon.com, Inc. at 2.9% [3]. Sector Breakdown - The sector allocation of the equity portfolio is as follows: Information Technology (28.4%), Industrials (17.6%), Health Care (16.5%), Financials (14.2%), Consumer Discretionary (9.9%), Communication Services (5.7%), Consumer Staples (4.2%), Real Estate (1.9%), Materials (0.9%), and Energy (0.7%) [4]. New and Liquidated Holdings - New holdings added during the month include Block, Inc., GE Vernova, Inc., GoDaddy, Inc., Sprouts Farmers Market, Inc., and VSE Corp. [4]. - Holdings liquidated include AbbVie, Inc., Advanced Micro Devices, Inc., and ASML Holding N.V. [5].