BOSTON,
Nov. 4,
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
January 2, 2025 to shareholders of
record on November 15, 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 December 13,
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
$2.0 billion in net assets as of
November 1, 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® Equity Fund
1-800-241-1850
www.all-starfunds.com
LAS001277
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SOURCE Liberty All-Star Equity Fund
