March 2010 Monthly Update Performance NAV Market Price Discount ----- ------------ -------- Beginning of month value $3.96 $3.46 12.6% Distributions - - End of month value $4.23 $3.74 11.6% Performance for month 6.82% 8.09% Performance year-to-date 7.35% 13.08% For daily data visit the Fund's website at www.all-starfunds.com or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XASGX. Past performance cannot predict future results. --------------------------------------------------------------------------- Net Assets at Month-End ($millions) ---------------------------------- Total $ 127.2 Equities $ 124.0 Percent Invested in Equities 97.5% --------------------------------------------------------------------------- Top 20 Holdings at Month-End (26.1% of equity portfolio) (Rank from previous month) 1 Core Laboratories N.V. The Blackstone Group LP (1) 1.7% 11 (3) 1.3% 2 Strayer Education, Resources Connection, Inc. (2) 1.6% 12 Inc. (21) 1.2% 3 Visa, Inc., Class A (4) 1.5% 13 Google, Inc., Class A (9) 1.2% 4 Microsoft Corp. (8) 1.5% 14 ANSYS, Inc. (10) 1.2% 5 PepsiCo, Inc. (6) 1.5% 15 MSCI, Inc. (22) 1.1% 6 Applied Materials, Gilead Sciences, Inc. Inc. (25) 1.5% 16 (14) 1.1% Lincare Holdings, Inc. 7 Apple, Inc. (7) 1.4% 17 (17) 1.1% 8 Best Buy Co., Inc. (15) 1.3% 18 Polycom, Inc. (19) 1.1% 9 Capella Education Co. Intuitive Surgical, Inc. (11) 1.3% 19 (13) 1.1% Affiliated Managers 10 EMC Corp. (12) 1.3% 20 Group, Inc. (16) 1.1% Holdings are subject to change Sector Breakdown (% of equity portfolio)* Information Technology 26.0% New Holdings ------------------------ Acorda Therapeutics, Industrials 18.7% Inc. Beacon Roofing Supply, Health Care 16.6% Inc. Financials 12.5% Caterpillar, Inc. Consumer Discretionary 11.8% Medtronic, Inc. Energy 7.9% Rue21, Inc. Sensata Technologies Consumer Staples 3.4% Holding N.V. Telecommunication Services 1.5% Volcano Corp. Materials 1.0% Utilities 0.6% Holdings Liquidated ----- ------------------------ 100.0% Electronic Arts, Inc. K12, Inc. Las Vegas Sands Corp. Life Time Fitness, Inc. Medivation, Inc. Research In Motion Ltd. Smith International, 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