The Liberty All-Star Growth Fund (ASG) currently offers an 8.2% dividend yield and has achieved a total return of 201% over the last decade. This closed-end fund’s strategy includes investments in significant tech companies such as NVIDIA, Apple, and Microsoft, as well as lesser-known firms involved in data center infrastructure.
ASG’s discount to net asset value (NAV) stands at 12.2%, marking one of its widest levels in years, indicating a potential buying opportunity. The fund historically maintains a stable dividend payout, committing to return approximately 8% of its NAV per year as dividends, offering both income and a hedge against market fluctuations.
Investors seeking high-income returns may find ASG appealing, particularly those bullish on large-cap U.S. stocks and the long-term prospects of artificial intelligence. Additionally, the closed-end fund market includes nearly 400 options across various asset classes, providing ample opportunities for income-focused investors.
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