December 2010 Monthly Update Performance NAV Market Price Discount ----------- ----- ------------ -------- 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 $4.25 7.0% Performance for month 5.69% 7.17% Performance year-to-date 21.47% 34.84% For daily data visit the Fund's website at www.all-starfunds.com or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XASGX. Past performance cannot predict future results. --------------------------------------------------------------------------- Net Assets at Month-End ($millions) ---------------------------------- Total $137.5 Equities $134.3 Percent Invested in Equities 97.7% --------------------------------------------------------------------------- Top 20 Holdings at Month-End (32.2% of equity portfolio) ------------------------------------------------------- (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 --------------------------------------------------------------------------- Sector Breakdown (% of equity portfolio) * --------------------------------------- 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% ----- 100.0% ===== Holdings Liquidated ------------------- 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