December 2010 Monthly Update
Performance NAV Market Price Discount
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Beginning of month value $4.39 $4.03 8.2%
Distributions (Ex-Date December 15) $0.07 $0.07
End of month value $4.57 $4.25 7.0%
Performance for month 5.69% 7.17%
Performance year-to-date 21.47% 34.84%
For daily data visit the Fund's website at www.all-starfunds.com or call
1-800-241-1850. The Fund's daily NAV is also available by using the
symbol XASGX. Past performance cannot predict future results.
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Net Assets at Month-End ($millions)
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Total $137.5
Equities $134.3
Percent Invested in Equities 97.7%
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Top 20 Holdings at Month-End (32.2% of equity portfolio)
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(Rank from previous month)
1 C.H. Robinson 11 ACE Ltd. (13) 1.5%
Worldwide, Inc. (2) 2.4% 12 IHS, Inc., Class A (14) 1.5%
2 Salesforce.com, Inc. (1) 2.2% 13 Resources Connection, Inc. (16) 1.5%
3 Apple, Inc. (3) 2.2% 14 Rue21, Inc. (9) 1.4%
4 Expeditors International of 15 Intuitive Surgical, Inc. (11) 1.4%
Washington, Inc. (5) 1.8% 16 MSCI, Inc., Class A (18) 1.4%
5 QUALCOMM, Inc. (6) 1.8% 17 Amazon.com, Inc. (15) 1.4%
6 Rockwell 18 VeriFone Systems, Inc. (19) 1.3%
Automation, Inc. (4) 1.7% 19 Cognizant Technology Solutions
7 Core Laboratories N.V. (7) 1.6% Corp., Class A (22) 1.3%
8 Google, Inc., Class A (8) 1.6% 20 Varian Medical Systems,
9 FMC Technologies, Inc. (10) 1.5% Inc. (21) 1.2%
10 Oceaneering
International, Inc. (12) 1.5%
Holdings are subject to change
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Sector Breakdown (% of equity portfolio) *
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Information Technology 25.8% New Holdings
Industrials 18.1% ------------
Health Care 15.4% E-Commerce China Dangdang, Inc.
Financials 12.5% FARO Technologies, Inc.
Consumer Discretionary 12.1% FleetCor Technologies, Inc.
Energy 9.6% FXCM, Inc.
Consumer Staples 3.3% IPC The Hospitalist Co., Inc.
Materials 1.6% Youku.com, Inc.
Telecommunication Services 1.0%
Utilities 0.6%
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100.0%
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Holdings Liquidated
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Contango Oil & Gas Co.
FormFactor, Inc.
GFI Group, Inc.
Marvell Technology Group 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 Information: Liberty All-Star Growth Fund, Inc. 1-800-241-1850 www.all-starfunds.com