2024-03-25 09:00:00 ET
Summary
- Liberty All-Star Equity Fund is a closed-end fund that primarily invests in a diversified portfolio of large-cap growth and value stocks, mainly in the U.S. market.
- USA is a fairly old fund with more than three decades of history. Since its inception, it has nearly matched the performance of the S&P 500 index if all distributions were reinvested.
- We believe the fund offers wide exposure to the broader U.S. market with large-cap core holdings and a good mix of growth and value. Overall, it is a very attractive fund for income investors.
Introduction
Liberty All-Star Equity Fund ( USA ) is a closed-end fund incepted on Oct. 31, 1986. The fund primarily invests in common equity of large-cap stocks in the U.S. market, with an objective of earning total returns and current income in the form of capital gains and dividends. Nearly 90% of its assets are invested in the U.S. and North America, and the rest from the developed markets, including Europe, the U.K., Japan, and Australia. Its portfolio includes growth as well as value stocks, and with one single investment, it provides exposure to a diversified pool of core stocks from various industries that make up the U.S. economy. The fund provides a generous but fixed distribution policy based on the NAV in each quarter....
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USA: A Very Attractive Fund For Income Investors With A 9.5% Yield