September 2009 Monthly Update
Performance NAV Market Price Discount
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Beginning of month value $3.63 $2.92 19.6%
Distributions - -
End of month value $3.84 $3.16 17.7%
Performance for month 5.8% 8.2%
Performance year-to-date 25.6% 30.2%
For daily data visit the Fund's website at www.all-starfunds.com or
call 1-800-241-1850. The Fund's daily NAV is also available by
using the symbol XASGX. Past performance cannot predict future
results.
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Net Assets at Month-End ($millions)
Total $115.4
Equities $111.3
Percent Invested in Equities 96.4%
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Top 20 Holdings at Month-End (29.1% of equity portfolio)
(Rank from previous month)
1 National-Oilwell Varco, Inc.(13) 1.9% 11 LKQ Corp.(6) 1.5%
2 Strayer Education, Inc.(1) 1.8% 12 Adobe Systems,
3 Core Laboratories N.V.(3) 1.7% Inc.(21) 1.4%
4 Starbucks Corp.(4) 1.6% 13 Hewlett-
5 Microsoft Corp.(5) 1.6% Packard Co. (New) 1.4%
6 The TJX Companies, Inc.(7) 1.6% 14 McAfee, Inc.(19) 1.4%
7 Barrick Gold Corp.(31) 1.6% 15 ANSYS, Inc.(12) 1.3%
8 Research In Motion Ltd.(2) 1.5% 16 eBay, Inc.(71) 1.2%
9 Visa, Inc., Class A(14) 1.5% 17 Oracle Corp.(16) 1.2%
10 Weatherford 18 Corning, Inc.(10) 1.2%
International Ltd.(8) 1.5% 19 Capella
Education Co.(17) 1.1%
20 WellPoint, Inc.(18) 1.1%
Holdings are subject to change
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Sector Breakdown (% of equity portfolio) *
New Holdings
Information Technology 28.8% ----------------------------
Consumer Discretionary 16.4% Amylin Pharmaceuticals, Inc.
Industrials 15.7% Danaher Corp.
Health Care 15.3% Digital River, Inc.
Energy 9.0% Hewlett-Packard Co.
Financials 9.0% Perfect World Co. Ltd.
Materials 3.0% Shanda Games Ltd.
Consumer Staples 1.2% UnitedHealth Group, Inc.
Telecommunication Services 1.1% Vodafone Group PLC
Utilities 0.5%
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100.0%
Holdings Liquidated
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CME Group, Inc.
eHealth, Inc.
Patterson-UTI Energy, Inc.
Petroleo Brasileiro S.A.
QUALCOMM, Inc.
Quest Diagnostics, Inc.
Schlumberger Ltd.
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: Liberty All-Star Growth Fund, Inc. 1-800-241-1850 www.all-starfunds.com