February 2009 Monthly Update
Performance NAV Market Price Discount
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Beginning of month value $3.01 $2.53 15.9%
Distributions - -
End of month value $2.77 $2.22 19.9%
Performance for month (8.0%) (12.3%)
Performance year-to-date (12.2%) (11.5%)
For daily data visit the Fund's website at www.all-starfunds.com or call
1-800-241-1850. The Fund's daily NAV is also available by using the
symbol XASGX. Past performance cannot predict future results.
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Net Assets at Month-End ($millions)
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Total $81.6
Equities $82.5
Percent Invested in Equities 101.1%
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Top 20 Holdings at Month-End (30.4% of equity portfolio)
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(Rank from previous month)
1 Teva Pharmaceutical Industries Ltd. (1) 2.1%
2 Core Laboratories N.V. (5) 2.0%
3 International Business Machines Corp. (13) 1.8%
4 Genzyme Corp. (2) 1.7%
5 McDonald's Corp. (3) 1.7%
6 Exxon Mobil Corp. (16) 1.6%
7 Amgen, Inc. (6) 1.6%
8 Mylan, Inc. (20) 1.6%
9 Apollo Group, Inc., Class A (7) 1.6%
10 LKQ Corp. (10) 1.6%
11 Gilead Sciences, Inc. (8) 1.5%
12 Accenture Ltd., Class A (14) 1.5%
13 Resources Connection, Inc. (18) 1.4%
14 ANSYS, Inc. (9) 1.4%
15 Strayer Education, Inc. (11) 1.3%
16 Hansen Natural Corp. (22) 1.2%
17 Automatic Data Processing, Inc. (21) 1.2%
18 Eli Lilly & Co. (17) 1.2%
19 EMC Corp. (New) 1.2%
20 SYSCO Corp. (24) 1.2%
Holdings are subject to change
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Sector Breakdown (% of equity portfolio) * New Holdings
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Health Care 24.7% Alliance Data Systems Corp.
Information Technology 23.6% Becton, Dickinson and Co.
Industrials 14.4% CardioNet, Inc.
Consumer Discretionary 14.0% EMC Corp.
Energy 8.5% InterMune, Inc.
Financials 7.6% Mastercard, Inc., Class A
Consumer Staples 3.0% Oracle Corp.
Materials 2.0% Quest Diagnostics, Inc.
Telecommunication Services 1.6% St. Jude Medical, Inc.
Utilities 0.6% Tower Group, Inc.
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100.0%
Holdings Liquidated
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3M Co.
Bankrate, Inc.
Johnson & Johnson
Lowe's Cos., Inc.
The Procter & Gamble Co.
Staples, Inc.
Ultra Petroleum Corp.
Wal-Mart Stores, 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