Highlights

  • Liberty All-Star Growth Fund reported a monthly NAV increase of 0.71% in January 2026.
  • Market price of ASG shares closed the month at 5.25 USD, reflecting a 9% discount to NAV.
  • Fund portfolio remains fully invested across technology, industrials, and healthcare sectors.

Liberty All-Star® Growth Fund, Inc. (NYSE:ASG) recorded a net asset value (NAV) of 5.77 USD at the end of January 2026, up 0.71% from the beginning of the month. The market price closed at 5.25 USD, trading at a 9.0% discount to NAV. Year-to-date performance mirrors monthly gains with a 0.71% increase in NAV and 1.32% in market price. The fund distributed 0.12 USD per share during the month, ex-date January 22.

Total net assets at month-end stood at 362.8 million USD, with equities accounting for 364.8 million USD, indicating a fully invested portfolio at 100.5%.

Portfolio Composition and Sector Allocation
ASG maintains an all-cap growth strategy, managed by three specialized investment managers focusing on small-, mid-, and large-cap equities: Weatherbie Capital, LLC (small-cap), Congress Asset Management Company, LLP (mid-cap), and Westfield Capital Management Company, L.P. (large-cap).

Top holdings at month-end represented 37.7% of the equity portfolio, led by technology giants including NVIDIA Corp. (4.7%), Apple, Inc. (2.9%), Alphabet, Inc. (2.8%), and Microsoft Corp. (2.4%). Other notable positions include Amazon.com, Inc. (2.1%), Meta Platforms, Inc. (2.0%), and AAR Corp. (2.0%).

Sector allocation shows a concentration in Information Technology (26.7%), Industrials (25.4%), and Health Care (14.8%), followed by Consumer Discretionary (13.6%) and Financials (9.9%). Communication Services, Real Estate, and Consumer Staples collectively accounted for the remaining 9.6% of the portfolio.

Portfolio Movements
During January, ASG added ten new holdings including Arista Networks, Inc., DigitalOcean Holdings, Inc., Expedia, Inc., Marriott International, Inc., and Morgan Stanley. Simultaneously, positions in Advanced Micro Devices, Inc., Bank of America Corp., Garmin Ltd., Oracle Corp., and Sprouts Farmers Market, Inc. were liquidated.

These adjustments reflect the fund’s ongoing approach of diversifying across sectors and capitalization segments while aligning with the managers’ growth-focused strategies.

NAV vs Market Price Dynamics
As a closed-end fund, ASG’s market price can trade at a discount or premium to NAV. January ended with a 9.0% discount, slightly narrower than the 9.6% discount at the beginning of the month. Performance returns are net of management fees and include distributions reinvested.

Liberty All-Star Growth Fund continues to follow its all-cap growth strategy with full equity exposure and selective portfolio changes. Market participants track NAV trends and sector allocations to assess short-term movements and long-term growth potential.

FAQs
Q1. What was ASG’s NAV at the end of January 2026?
NAV closed at 5.77 USD per share with a market price of 5.25 USD.

Q2. Which sectors dominate ASG’s portfolio?
Top sectors include Information Technology (26.7%), Industrials (25.4%), and Health Care (14.8%).

Q3. How much did ASG distribute to shareholders in January 2026?
The fund distributed 0.12 USD per share, ex-date January 22.