Liberty All-Star Equity Fund March 2025 Monthly Update

Strategic Insights -

The Liberty All-Star Equity Fund has released its March 2025 monthly update, detailing its investment approach, strategy, and performance. The fund combines three value-style and two growth-style investment managers, selected for their consistent investment philosophy and decision-making process. As of March 31, 2025, the fund's top 20 holdings include Microsoft Corp., NVIDIA Corp., and Alphabet, Inc.

Key Takeaways:

  • The Liberty All-Star Equity Fund employs a Large-Cap Core investment strategy, combining three value-style and two growth-style investment managers.
  • The fund's investment managers are Aristotle Capital Management, LLC, Fiduciary Management, Inc., Pzena Investment Management, LLC, Sustainable Growth Advisers, LP, and TCW Investment Management Company.
  • The fund's top 20 holdings as of March 31, 2025, include Microsoft Corp., NVIDIA Corp., and Alphabet, Inc.
  • The fund's sector breakdown consists of 36.1% invested in Information Technology, 20.0% in Financials, and 16.9% in Health Care.
  • The fund has a discount of -1.4% between its market price and net asset value (NAV) of $6.64 as of March 31, 2025.
  • The fund's monthly performance for March 2025 was -5.01% and -5.48% for the NAV and market price, respectively.
  • The fund's year-to-date performance was -2.13% for the NAV and -3.46% for the market price.

Statistics:

  • Top 20 Holdings at Month-End:

+ Microsoft Corp.: 4.0%

+ NVIDIA Corp.: 3.3%

+ Alphabet, Inc.: 2.8%

+ Amazon, Inc.: 2.6%

+ UnitedHealth Group, Inc.: 2.3%

+ ... (continued in original text)

  • Sector Breakdown (% of equity portfolio):

+ Information Technology: 22.3%

+ Financials: 20.0%

+ Health Care: 16.9%

+ Consumer Discretionary: 11.7%

+ Industrials: 8.8%

+ ... (continued in original text)

  • Monthly Performance:

+ Net Assets at Month-End: $1,940.0M (Equities: $1,895.2M)

+ Percent Invested: 97.7%

+ Discount: -1.4% (Market Price: $6.55, NAV: $6.64)

  • Year-to-Date Performance:

+ NAV: -2.13%

+ Market Price: -3.46%

Sources:

  • Liberty All-Star Equity Fund (NYSE: USA)
  • Aristotle Capital Management, LLC
  • Fiduciary Management, Inc.
  • Pzena Investment Management, LLC
  • Sustainable Growth Advisers, LP
  • TCW Investment Management Company
  • Standard & Poor's and MSCI Global Industry Classification Standard (GICS)