ASG CEF — Liberty All-Star Growth Fund

Liberty All-Star Growth Fund (ASG)

ASG is a CEF. its distribution rate is 9.49%, its trailing-12-month yield is 9.29%, its expense ratio is 1.11%. Dividend Vision Distribution Safety Score™ is 64/100 (Generally safe). Its deepest 1-year drawdown was 15.8%.

At the current 9.49% distribution rate, a $10,000 investment would generate approximately $949 per year, or about $237.25 per quarter if the next payment matches the last regular one.

Liberty All-Star Growth Fund is a closed-end equity fund that seeks long-term capital appreciation through a diversified portfolio of U.S. growth stocks across all market capitalizations, managed by multiple sub-advisors employing fundamental, bottom-up stock selection. The fund distributes quarterly and currently maintains a high distribution rate. The fund lacks a stated expense ratio in available data.

ASG performance

Its deepest 1-year drawdown was 15.8%.

ASG key facts

Distribution Safety Score™

64 · Generally safe

Safety-Adjusted Yield

6.07%

Issuer

Liberty Funds

Asset type

CEF

Asset class

Equity

Inception date

03/14/1986

Expense ratio

1.11%

Distribution rate

9.49%

Distribution frequency

Quarterly

Trailing yield

9.29%

5-year average yield

9.85

Last close

$5.06 (as of 2026-09-21)

NAV

$5.76

Premium / discount

12.15% discount

Market cap

$322,411,424

Average volume

201087.0

Last dividend

$0.12

Last ex-dividend date

07/16/2026 (as of 2026-07-16)

Beta

1.158

How Dividend Vision calculates yield and returns

Distribution rate (9.49%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (9.29%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Liberty Funds or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ASG risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 15.8%.

Who may consider ASG — and who may not

It is a weaker fit for investors who need monthly cash flow (ASG pays quarterly). This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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