Liberty All-Star Equity Fund's Performance Insights for December 2024
Overview of Liberty All-Star Equity Fund
The Liberty All-Star Equity Fund is designed to provide investors with exposure to a well-managed investment portfolio. As a closed-end fund, it follows a unique investment strategy, incorporating both value and growth investment styles. With a focus on large-cap core holdings, it showcases a mix of diverse investment managers.
Investment Philosophy
At the heart of Liberty All-Star Equity Fund's strategy is a blend of three value-oriented and two growth-oriented managers. Each manager is selected based on a consistent investment philosophy, proven decision-making processes, and a track record of above-average long-term returns compared to similar managers.
Value Managers
The value segment of the fund is currently managed by:
- Aristotle Capital Management, LLC
- Fiduciary Management, Inc.
- Pzena Investment Management, LLC
Growth Managers
On the growth side, the fund’s investments are enhanced by experienced managers:
- Sustainable Growth Advisers, LP
- TCW Investment Management Company
Top Holdings Assessment
The top 20 holdings account for approximately 35.0% of the entire equity portfolio, showcasing a wide array of sectors and companies. The following table highlights some key investments as of the month-end:
| Holding | Percentage |
|---|---|
| Microsoft Corp. | 4.2% |
| NVIDIA Corp. | 3.7% |
| Alphabet, Inc. | 2.8% |
| Amazon.com, Inc. | 2.8% |
| UnitedHealth Group, Inc. | 2.0% |
Monthly Performance Insights
In December, the fund experienced a few fluctuations with performance statistics reflecting a -5.31% return for the month, against a market price drop of -4.79%. At the beginning of December, the net asset value (NAV) was $7.34 but ended the month at $6.95, indicating a significant change. Year-to-date, the fund has performed impressively with a 14.06% return, demonstrating its resilience and long-term potential.
Investment Holdings Changes
During the month, there were notable updates regarding the fund's investments. New holdings included:
- Allegion PLC
- Broadcom, Inc.
- Tyler Technologies, Inc.
Conversely, the fund liquidated positions in:
- Edison International
- Goldman Sachs Group, Inc.
- Home Depot, Inc.
- Omnicom Group, Inc.
Sector Allocation Breakdown
The fund's sector allocation remains quite diverse, with the following breakdown:
| Sector | Percentage of Portfolio |
|---|---|
| Information Technology | 23.7% |
| Financials | 20.0% |
| Health Care | 15.3% |
| Consumer Discretionary | 12.6% |
| Industrials | 9.1% |
Contact Information
Investors interested in learning more or seeking guidance can reach the Liberty All-Star Equity Fund at:
Phone: 1-800-241-1850
Email: libinfo@alpsinc.com
Frequently Asked Questions
What is the Liberty All-Star Equity Fund?
The Liberty All-Star Equity Fund is a closed-end fund focused on investing in large-cap equities through a mix of value and growth management strategies.
What are the recent performance statistics for December 2024?
For December 2024, the fund reported a -5.31% return while the year-to-date performance stands at 14.06%.
Who manages the fund's investments?
The fund utilizes a selection of experienced investment managers, including both value-oriented and growth-oriented firms.
What are the fund's top holdings as of recent updates?
Top holdings include significant stakes in Microsoft Corp., NVIDIA Corp., and Alphabet, Inc., among others.
How can I contact the Liberty All-Star Equity Fund for more information?
You can reach them at 1-800-241-1850 or via email at libinfo@alpsinc.com.
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Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.