USA (Liberty All-Star Equity Fund), Big 10% Yield ekinyalgin A lot of income-focused investors would miss out on the power of diversified stocks if it weren’t for closed-end funds like the Liberty All-Star Equity Fund ( NYSE: USA ), currently yielding 10.0% (paid quarterly). However, a look under the hood reveals this popular fund is only an incremental improvement for many investors, and it omits many of the qualities that make many other CEFs so attractive.
In this report, we review USA (including the strategy, distribution, expenses, leverage, holdings and price versus net asset value (NAV)). We conclude with our strong opinion about investing in USA. Liberty All-Star Fund (USA) Overview: USA is popular big-yield closed-end fund that describes itself as a : “Multi-managed fund that allocates its portfolio assets on an approximately equal basis among several independent investment management organizations (currently five in number) having different investment styles recommended and monitored by ALPS Advisors, Inc.
, the Fund's investment advisor.” In particular, the fund has three value managers and two growth managers. And you can view the top holdings and sectors in the graphics below.
Liberty All-Star Fund website ( MSFT ) ( NVDA ) ( AMZN ) ( GOOGL ) ( UNH ) ( V ) ( NOW ) Liberty All-Star Fund website Also, worth highlighting, you can see the fund’s historical performance in the table and chart below. Liberty All-Star Fund website YCharts As you can see above, per.
