Liberty All-Star Equity Fund
Actively managed U.S. stock closed-end fund
As of its 2026 Q2 report, Liberty All-Star Equity Fund held 148 positions with $2.02B in net assets. Its ten largest holdings made up 25.0% of the fund. Over the 12 months to May 2026, USA lost 1.6%, with dividends reinvested. In 2026 Q2 it added 23 new positions and exited 14.
Liberty All-Star Equity Fund is actively managed U.S. equity closed-end fund.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANvidia Corp | 5.70% | $115.44M | 576.9K | $200.09 |
GOOGAlphabet Inc | 3.84% | $77.79M | 220.2K | $353.33 |
MSFTMicrosoft Corp | 2.57% | $52.10M | 139.7K | $373.02 |
2.32% | $46.89M | 233.7K | $200.62 | |
1.98% | $40.03M | 71.1K | $563.29 | |
CDWCdw Corp | 1.96% | $39.70M | 282.3K | $140.64 |
1.68% | $33.99M | 99.1K | $343.09 | |
AMZNAmazon.com Inc | 1.66% | $33.69M | 141.3K | $238.34 |
TSLATesla Inc | 1.66% | $33.53M | 79.7K | $420.60 |
GVMXXState Street Institutional Us Government Money Market Fund | 1.63% | $33.04M | — | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 148 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.39% |
| Cash & short-term | 1.63% |
By sector
- Information Technology
- 23.6%
- Financials
- 18.1%
- Health Care
- 11.5%
- Industrials
- 10.0%
- 9 other sectors
- 36.7%
- Information Technology
- 23.6%
- Financials
- 18.1%
- Health Care
- 11.5%
- Industrials
- 10.0%
- Communication Services
- 8.5%
- Consumer Discretionary
- 8.4%
- International
- 7.2%
- Materials
- 4.4%
- Consumer Staples
- 4.2%
- Cash
- 1.6%
- Utilities
- 0.8%
- Real Estate
- 0.8%
- Energy
- 0.7%
How it has done
USA share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.03%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Liberty All-Star Equity Fund is an actively managed U.S. equity closed-end fund. 18% of USA’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Closed-end fund
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
23 new· the largest 8
14 exited· the largest 8
Understand how this fund fits with the rest.
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- “Where do my funds overlap — USA, QQQ and the fund in my 401(k)?”
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