Liberty All-Star Growth Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2023
September 06, 2023 at 01:55 pm
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Liberty All-Star Growth Fund, Inc. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported revenue was USD 1.01 million. Net income was USD 38.91 million.
Liberty All-Star Growth Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objective through investing at least 65% of its net assets in a diversified portfolio of equity securities of companies of any market capitalization. The Fund may invest up to 35% of the value of its total assets in United States (U.S.) Government Securities, repurchase agreements with respect to U.S. Government Securities, and, to an extent not greater than 10% of the market value of the Fund's total assets, money market mutual funds that invest primarily in U.S. Government Securities. The Fund's investment advisor is ALPS Advisors, Inc. The Fund's investment managers include Congress Asset Management Company, LLP; Sustainable Growth Advisers, LP, and Weatherbie Capital LLC.