Below is the September 2010 Monthly Update for the Liberty All-Star® Equity Fund. (
September 2010 Monthly Update Performance NAV Market Price Discount ----------- ----- ------------ -------- Beginning of month value $4.59 $3.95 13.9% Distributions - - End of month value $5.12 $4.41 13.9% Performance for month 11.55% 11.65% Performance year-to-date 2.57% 7.14% For daily data visit the Fund's website at www.all-starfunds.com or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XUSAX. Past performance cannot predict future results. --------------------------------------------------------------------------- Net Assets at Month-End ($millions) ----------------------------------- Total $935.6 Equities $919.4 Convertible Bonds $1.5 Percent Invested 98.4% --------------------------------------------------------------------------- Top 20 Holdings at Month-End (28.3% of portfolio) -------------------------------------------------- (Rank from previous month) 1 Apple, Inc. (1) 2.8% 11 Tyco Electronics Ltd. (11) 1.3% 2 JPMorgan Chase & Co. (2) 2.0% 12 J.C. Penney Co., Inc. (16) 1.2% 3 Dell, Inc. (3) 2.0% 13 Amazon.com, Inc. (14) 1.2% 4 Bank of America Corp. (4) 1.9% 14 The Western Union Co. (6) 1.2% 5 QUALCOMM, Inc. (5) 1.8% 15 Costco Wholesale Corp. (15) 1.1% 6 Wells Fargo & Co. (18) 1.4% 16 C.H. Robinson Worldwide, Inc. 7 Arch Coal, Inc. (7) 1.4% (12) 1.1% 8 The Allstate Corp. (8) 1.3% 17 Consol Energy, Inc. (21) 1.0% 9 Cisco Systems, Inc. (9) 1.3% 18 Google, Inc., Class A (20) 1.0% 10 PNC Financial Services 19 State Street Corp. (17) 1.0% Group, Inc. (10) 1.3% 20 Broadcom Corp., Class A (27) 1.0% Holdings are subject to change --------------------------------------------------------------------------- Sector Breakdown (% of portfolio) * New Holdings --------------------------------- ------------- Information Technology 24.7% General Dynamics Corp Financials 19.3% Mead Johnson Nutrition Co. Energy 13.2% Pentair, Inc. Consumer Discretionary 11.7% Health Care 11.1% Industrials 9.7% Consumer Staples 4.6% Materials 2.7% Utilities 2.3% Telecommunication Services 0.7% ----- 100.0% Holdings Liquidated -------------------- Capital One Financial Corp. Cooper Industries Plc Deere & Co. Lam Research Corp. Seattle Genetics, Inc. Tyco International Ltd. Vertex Pharmaceuticals, Inc. * Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS). The Liberty All-Star Equity Fund is a closed-end fund and does not continuously offer shares.
Contact Information: Contact Information: Liberty All-Star Equity Fund 1-800-241-1850 www.all-starfunds.com