Liberty All-Star Equity Fund

LIBERTY ALL STAR EQUITY FUND

Actively managed U.S. equity closed-end fund
$2.02B NAV
148 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

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.

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.02%
of net assets
Stocks98.39%
Cash & short-term1.63%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology23.6%
Financials18.1%
Health Care11.5%
Industrials10.0%
9 smaller36.7%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
18%of stock holdings in top-quartile growers
covering 91% of the fund’s equity
Earnings growth
24%of stock holdings in top-quartile growers
covering 81% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 23 new14 exited

Largest new: TSLA, BA, MU, ADSK, MNST, VRTX, KLAC, WDAY

Largest exited: WM, AAPL, DHR, CP, AXP, SYY, GWW, AON

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+2.42%
3-year
+31.61%
5-year
+19.17%
Volatility
13.63%
Worst 3-yr fall
-13.36%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Nvidia CorpNVDA5.70%$115.44M
Alphabet IncGOOG3.84%$77.79M
Microsoft CorpMSFT2.57%$52.10M
Capital One Financial CorpCOF2.32%$46.89M
Meta Platforms IncMETA1.98%$40.03M
Cdw CorpCDW1.96%$39.70M
Visa IncV1.68%$33.99M
Amazon.com IncAMZN1.66%$33.69M
Tesla IncTSLA1.66%$33.53M
State Street Institutional Us Government Money Market FundGVMXX1.63%$33.04M
Showing 10 of 148Sign in to see more

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.

Top 10 positions are 25.00% of net assets, top 25 42.22%, across 147 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free