2024-05-20 09:00:00 ET
Summary
- Liberty All-Star Growth is a closed-end fund that invests in the equities of growth-oriented stocks.
- The ASG CEF uses zero leverage, which can be beneficial in a down market and high-interest environment.
- While ASG's performance is decent, it lags its sister fund, Liberty All-Star Equity, which has a different focus.
Introduction:
Liberty All-Star Growth (ASG) is a closed-end fund, or CEF, that was incepted in Mar. 1986. The fund's main objective is to seek long-term capital appreciation. As a secondary objective, it provides a fairly consistent and high distribution using the managed distribution policy....
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ASG: 9% Plus Predictable Yield, Good Discount, Decent Past Performance