BOSTON, June 7, 2024 /PRNewswire/
-- The Board of Directors of Liberty All-Star
Growth Fund, Inc. (the "Fund") (NYSE: ASG) has appointed Westfield
Capital Management Company, L.P. ("Westfield") as one of the Fund's investment
managers subject to stockholder approval at the annual meeting
of stockholders to be held on August 28,
2024.
Following stockholder approval, Westfield will assume management of the Fund's
assets currently allocated to Sustainable Growth Advisers.
Weatherbie Capital will continue to manage the small-cap growth
portion of the Fund's portfolio and Congress Asset Management
Company will continue to manage the mid-cap growth
portion.
The investment team at Westfield, led by Will
Muggia, practices a growth at a reasonable price investment
approach which will be used to manage the large-cap
growth portion of the Fund's portfolio.
The Fund does not continuously issue shares
and trades in the secondary market, investors wishing to buy or
sell shares need to place orders through an intermediary or broker.
The share price of a closed-end fund is based on the market's
value. The Fund's shares are listed on the New York Stock Exchange
under the ticker symbol ASG. ALPS Advisors, Inc. is the investment
advisor of the Fund, a multi-managed, closed-end investment company
with more than $347 million in net
assets as of June 6, 2024.
Past performance cannot predict future
results.
An investment in the Fund involves
risk, including loss of principal.
Secondary
market support provided to the Fund by ALPS Fund Services, Inc.'s
affiliate ALPS Portfolio Solutions Distributor, Inc., a FINRA
Member.
ALPS Fund Services, Inc., ALPS
Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are
affiliated entities.
For Information
Contact:
Liberty
All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
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SOURCE Liberty All-Star Funds