June 2008 Monthly Update
Premium /
Performance NAV Market Price (Discount)
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Beginning of month value $5.47 $5.06 (7.5%)
Distributions - -
End of month value $5.11 $4.67 (8.6%)
Performance for month (6.4%) (7.7%)
Performance year-to-date (10.8%) (17.3%)
For daily data visit the Fund's website at www.all-starfunds.com or call
1-800-241-1850. The Fund's daily NAV is also available by using the
symbol XASGX. Past performance cannot predict future results.
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Net Assets at Month-End ($millions)
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Total $148.8
Equities $145.7
Percent Invested in Equities 97.9%
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Top 20 Holdings at Month-End (28.5% of equity portfolio)
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(Rank from previous month)
1 ANSYS, Inc. (1) 2.0% 11 LKQ Corp. (8) 1.4%
2 Smith International, Inc. (6) 1.7% 12 Resources Connection,
3 Core Laboratories N.V. (4) 1.6% Inc. (10) 1.4%
4 McDonald's Corp. (3) 1.6% 13 QUALCOMM, Inc. (27) 1.3%
5 Wal-Mart Stores, Inc. (9) 1.5% 14 Baxter International,
6 FMC Technologies, Inc. (2) 1.5% Inc. (20) 1.3%
7 International Business 15 General Dynamics Corp. (26) 1.3%
Machines Corp. (7) 1.5% 16 Flowserve Corp. (16) 1.3%
8 Affiliated Managers 17 Oracle Corp. (12) 1.3%
Group, Inc. (5) 1.4% 18 Aflac, Inc. (17) 1.2%
9 Potash Corp. of
Saskatchewan, Inc. (22) 1.4% 19 Strayer Education, Inc. (23) 1.2%
10 Praxair, Inc. (21) 1.4% 20 Corning, Inc. (11) 1.2%
Holdings are subject to change
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Sector Breakdown (% of equity portfolio) *
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Information Technology 23.7% New Holdings
Industrials 17.2% -----------------------------------
Health Care 16.0% ABB Ltd.
Energy 13.5% ArthroCare Corp.
Consumer Discretionary 10.9% Assurant, Inc.
Financials 7.3% CA, Inc.
Consumer Staples 5.0% Innophos Holdings, Inc.
Materials 4.1% Intrepid Potash, Inc.
Telecommunication Services 2.3% K12, Inc.
------ Staples, Inc.
100.0%
Holdings Liquidated
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Archer-Daniels-Midland Co.
China Mobile Ltd.
CSX Corp.
Dick's Sporting Goods, 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: For Information Contact: Liberty All-Star® Growth Fund 1-800-241-1850 www.all-starfunds.com