April 2009 Monthly Update
Performance NAV Market Price Discount
----------- ----- ------------ --------
Beginning of month value $2.99 $2.41 19.4%
Distributions - -
End of month value $3.32 $2.67 19.6%
Performance for month 11.0% 10.8%
Performance year-to-date 5.5% 6.4%
For daily data visit the Fund's website at www.all-starfunds.com or
call 1-800-241-1850. The Fund's daily NAV is also available by
using the symbol XASGX. Past performance cannot predict future
results.
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Net Assets at Month-End ($millions)
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Total $99.1
Equities $96.1
Percent Invested in Equities 97.0%
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Top 20 Holdings at Month-End (29.1% of equity portfolio)
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(Rank from previous month)
1 Core Laboratories N.V.(3) 1.8% 11 Mylan, Inc.(6) 1.4%
2 Teva Pharmaceutical 12 Gilead
Industries Ltd.(1) 1.8% Sciences, Inc.(8) 1.3%
3 International Business 13 Baidu, Inc.(22) 1.3%
Machines Corp.(2) 1.8% 14 Petroleo
4 Resources Connection, Inc.(10) 1.7% Brasileiro S.A.(36) 1.3%
5 LKQ Corp.(7) 1.6% 15 Mastercard,
6 Cisco Systems, Inc.(11) 1.6% Inc., Class A(27) 1.3%
7 Strayer Education, Inc.(9) 1.5% 16 AutoZone, Inc.(12) 1.3%
8 Apple, Inc.(26) 1.5% 17 Hansen Natural
9 Visa, Inc., Class A(14) 1.5% Corp.(15) 1.3%
10 Corning, Inc. (39) 1.5% 18 ANSYS, Inc.(4) 1.2%
19 Oracle Corp.(16) 1.2%
20 Starbucks Corp.(41) 1.2%
Holdings are subject to change
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Sector Breakdown (% of equity portfolio) *
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Information Technology 27.8% New Holdings
Health Care 16.1% ------------
Consumer Discretionary 15.6% BMC Software, Inc.
Industrials 13.8% The DIRECTV Group, Inc.
Financials 10.3% McAfee, Inc.
Energy 9.7% QUALCOMM, Inc.
Consumer Staples 3.0% Stanley, Inc.
Materials 1.9% Walgreen Co.
Telecommunication Services 1.3%
Utilities 0.5%
----- Holdings Liquidated
100.0% -------------------
Amgen, Inc.
Apollo Group, Inc., Class A
Eli Lilly & Co.
Exxon Mobil Corp.
NeuStar, Inc., Class A
Starwood Hotels & Resorts
Worldwide, Inc.
SurModics, Inc.
WuXi PharmaTech
Cayman, 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