- Liberty All-Star Growth Fund (ASG, Financial) reports a March 2025 NAV decline of 7.37% and market price drop of 6.68%.
- Year-to-date, ASG faces an 11.51% decrease in NAV and 11.52% decline in market price.
- ASG's portfolio is heavily weighted in Information Technology, Industrials, and Health Care sectors.
The Liberty All-Star Growth Fund, Inc. (ASG) has noted a challenging performance in March 2025, with its net asset value (NAV) declining by 7.37% to $5.28 and its market price decreasing by 6.68% to $4.89. This marks a significant decline, with the fund showing a year-to-date performance drop of 11.51% in NAV and 11.52% in market price. Despite these challenges, the fund is trading at a discount of 7.4% to NAV, an improvement from the -8.1% discount observed earlier in the month.
ASG's portfolio, valued at approximately $325.0 million, remains 96.7% invested in equities. The fund's investment strategy involves a diversified approach focusing on growth in small-, mid-, and large-cap companies. The portfolio is predominantly allocated to the Information Technology sector (27.6%), followed by Industrials (18.6%), and Health Care (16.2%). Notable top holdings in the fund include industry leaders such as NVIDIA (3.4%), Amazon (3.1%), and Apple (2.9%).
During March 2025, ASG also made changes to its portfolio, introducing new holdings like Artivion, Garmin, Guidewire Software, and MongoDB, while liquidating positions in companies such as Target Corp. and American Eagle Outfitters. These strategic moves are part of ASG's ongoing efforts to optimize its portfolio in a fluctuating market environment.
