Liberty All-Star Growth Fund (ASG) To Go Ex-Dividend on July 16th

Liberty All-Star Growth Fund (NYSE:ASG) declared a quarterly dividend on Monday, July 6th. Stockholders of record on Thursday, July 16th will be given a dividend of 0.12 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Thursday, July 16th. This is a 9.1% increase from Liberty All-Star Growth Fund’s previous quarterly dividend of $0.11.

Liberty All-Star Growth Fund Stock Performance

Shares of Liberty All-Star Growth Fund stock opened at $5.39 on Wednesday. The business has a 50 day moving average of $5.30 and a 200 day moving average of $5.20. Liberty All-Star Growth Fund has a 52 week low of $4.55 and a 52 week high of $5.69.

Hedge Funds Weigh In On Liberty All-Star Growth Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Polar Asset Management Partners Inc. bought a new position in Liberty All-Star Growth Fund in the third quarter worth $2,531,000. Wolverine Asset Management LLC boosted its holdings in shares of Liberty All-Star Growth Fund by 126.2% during the 4th quarter. Wolverine Asset Management LLC now owns 585,920 shares of the investment management company’s stock valued at $3,105,000 after buying an additional 326,868 shares in the last quarter. 1607 Capital Partners LLC boosted its holdings in shares of Liberty All-Star Growth Fund by 27.8% during the 3rd quarter. 1607 Capital Partners LLC now owns 1,088,599 shares of the investment management company’s stock valued at $6,042,000 after buying an additional 236,509 shares in the last quarter. Shaker Financial Services LLC grew its position in shares of Liberty All-Star Growth Fund by 17.7% in the 4th quarter. Shaker Financial Services LLC now owns 1,547,675 shares of the investment management company’s stock worth $8,354,000 after buying an additional 232,946 shares during the period. Finally, PMG Family Office LLC bought a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter worth about $1,269,000. Hedge funds and other institutional investors own 21.62% of the company’s stock.

About Liberty All-Star Growth Fund

Liberty All-Star Growth Fund (NYSE: ASG) is a closed-end, diversified management investment company that seeks long-term capital appreciation through exposure to growth-oriented equities. The fund primarily invests in a portfolio of underlying mutual funds and exchange-traded funds managed by established sub-advisers, employing a multi-manager structure designed to capture opportunities across a range of market capitalizations and industry sectors.

Under normal market conditions, ASG allocates the majority of its assets to common stocks of companies it believes exhibit above-average growth potential.