BOSTON,
July 8,
2024 /PRNewswire/ --The Board of Trustees of Liberty
All-Star Equity Fund (NYSE: USA)
has declared a distribution of $0.18
per share payable on September 3,
2024 to shareholders of record on July 19, 2024. This distribution is in accordance
with the Fund's current distribution policy of paying distributions
on its shares totaling approximately 10 percent of its net asset
value per year, payable in four quarterly installments of 2.5
percent. A portion of the distribution may be treated as paid from
sources other than net income, including but not limited to
short-term capital gain, long-term capital gain and return of
capital. The final determination of the source of all distributions
in 2024 for tax reporting purposes, including the percentage of
qualified dividend income, will be made after year-end.
The distribution will be paid in newly issued
shares to all shareholders except those who are not participating
in Liberty All-Star Equity Fund's Dividend Reinvestment Plan and
who elect to receive the distribution in cash. Shares will be
issued at the lower of the August 16,
2024 net asset value per share or market value per share
(but not less than 95% of market value). The market value of the
Fund's shares for this purpose will be the last sales price on the
New York Stock Exchange.
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 USA. ALPS
Advisors, Inc. is the investment advisor of the Fund, a
multi-managed, closed-end investment company with more than
$1.9 billion in net assets as of
July 5, 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.
Liberty All-Star® Equity Fund
1-800-241-1850
www.all-starfunds.com
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SOURCE Liberty All-Star Equity Fund