January 2010 Monthly Update Performance NAV Market Price Discount ----------- ------- ----------------- -------- Beginning of month value $ 4.00 $ 3.36 16.0% Distributions - - End of month value $ 3.84 $ 3.27 14.8% Performance for month (4.00%) (2.68%) Performance year-to-date (4.00%) (2.68%) For daily data visit the Fund's website at www.all-starfunds.com or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XASGX. Past performance cannot predict future results. -------------------------------------------------------------------------- Net Assets at Month-End ($millions) ----------------------------------- Total $ 115.5 Equities $ 112.7 Percent Invested in Equities 97.5% -------------------------------------------------------------------------- Top 20 Holdings at Month-End (26.3% of equity portfolio) -------------------------------------------------------- (Rank from previous month) 1 Core Laboratories N.V.(1) 1.8% 11 Gilead Sciences, Inc.(44) 1.2% 2 Strayer Education, Inc.(3) 1.6% 12 EMC Corp.(13) 1.2% 3 Visa, Inc., Class A(5) 1.5% 13 Best Buy Co., Inc.(21) 1.2% 4 PepsiCo, Inc.(10) 1.5% 14 Intuitive Surgical, Inc.(25) 1.2% 5 China Mobile Ltd.(7) 1.5% 15 Capella Education Co.(11) 1.2% 6 Microsoft Corp.(9) 1.5% 16 Resources Connection, Inc.(12) 1.1% 7 Google, Inc., Class A(2) 1.5% 17 VCA Antech, Inc.(35) 1.1% 8 Apple, Inc.(4) 1.4% 18 Lincare Holdings, Inc.(28) 1.0% 9 The Blackstone Group LP(6) 1.4% 19 Salesforce.com, Inc.(15) 1.0% 10 ANSYS, Inc.(8) 1.4% 20 MSCI, Inc.(27) 1.0% Holdings are subject to change -------------------------------------------------------------------------- Sector Breakdown (% of equity portfolio) * ---------------------------------------- Information Technology 25.8% New Holdings ----------------- Industrials 18.4% Aixtron AG Health Care 16.6% The Coca-Cola Co. Consumer Discretionary 12.2% Duff & Phelps Corp., Class A Financials 11.6% MannKind Corp. Energy 8.4% Marvell Technology Group Ltd. Consumer Staples 3.5% Verizon Communications, Inc. Telecommunication Services 2.0% Materials 0.9% Holdings Liquidated Utilities 0.6% ------------------- ----- athenahealth, Inc. 100.0% Chipotle Mexican Grill, Inc., Class A Deere & Co. SRA International, Inc. Tower Group, Inc. * Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS). The Liberty All-Star Growth Fund, Inc. is a closed-end fund and does not continuously offer shares.
Contact Information: Contact Information: Liberty All-Star Growth Fund, Inc. 1-800-241-1850 www.all-starfunds.com