#United States #Boston #dividends #Liberty All-Star #Equity Fund

Liberty All-Star Equity Fund Declares Dividend Distribution

On January 13, 2025, the Board of Trustees of the Liberty All-Star Equity Fund, traded under the ticker symbol USA on the New York Stock Exchange, officially announced a new distribution of $0.17 per share. This payment is set to be disbursed on March 10, 2025, and will be available to shareholders who are recorded as of January 24, 2025. This marks a continued effort to maintain a stable distribution policy, allowing shareholders to benefit from their investments in the fund.

The strategy behind the fund’s distribution policy revolves around a commitment to paying out roughly 10 percent of its net asset value annually. This amount will typically be divided into four quarterly installments, each representing 2.5 percent of the net asset value. It's important to note that a portion of the distributions may be sourced from avenues beyond net income, which can include short-term and long-term capital gains, as well as the return of capital.

From a tax reporting perspective, the final determination of the sources for all 2025 distributions—specifically the percentage deemed as qualified dividend income—will be made after the year-end closing, ensuring that shareholders receive accurate and timely information.

For most shareholders, the distribution will be executed through the issuance of newly created shares. However, those opting out of the Liberty All-Star’s Dividend Reinvestment Plan—and who choose cash instead—will receive their payments in cash. The shares will be issued at the lower value between the net asset value per share on February 21, 2025, or the market value per share, acknowledging that it cannot fall below 95% of the existing market value.

The trading price of shares within this closed-end fund is notably influenced by secondary market factors. For investors interested in buying or selling shares of this fund, it's essential to note that transactions must be placed through an intermediary or broker, as the shares are not continuously issued by the fund itself. The valuation of the fund's shares is heavily guided by market dynamics; hence, any changes in market perception can significantly impact share prices.

Currently, the Liberty All-Star Equity Fund boasts over $1.9 billion in net assets as of January 10, 2025. This multi-managed, closed-end investment entity continues to demonstrate robust management under the advisement of ALPS Advisors, Inc. While past performance offers insights into the fund’s operational efficacy, potential investors are reminded that it does not guarantee future results. Furthermore, like any investment, there remains an inherent risk, including the potential loss of principal.

The fund's credibility is reinforced by the ongoing secondary market support provided by ALPS Fund Services, which operates as an affiliate of ALPS Portfolio Solutions Distributor, Inc., a registered FINRA member.

For more information, interested parties can reach out to Liberty All-Star Equity Fund at 1-800-241-1850 or visit their official website at www.all-starfunds.com. This transparency underscores the fund's commitment to keeping shareholders informed and involved in the strategic direction of their investments.