N@N

ALPS Advisors, Inc.: Liberty All-Star(R) Equity Fund March 2009 Monthly Update

_{//business-finance.news-articles.net/content/200 .. tar-r-equity-fund-march-2009-monthly-update.html}
^{Published in Business and Finance on Tuesday, April 7th 2009 at 11:27 GMT, Last Modified on 2009-04-07 11:27:51 by Market Wire}  

BOSTON, MA--(Marketwire - April 7, 2009) - Below is the March 2009 Monthly Update for the Liberty All-Star® Equity Fund. (NYSE: [ USA ])

 March 2009 Monthly Update Performance NAV Market Price Discount ----------- ------- ------------ -------- Beginning of month value $3.39 $2.60 23.3% Distributions - - End of month value $3.71 $2.92 21.3% Performance for month 9.7% 12.3% Performance year-to-date (9.3%) (13.4%) For daily data visit the Fund's website at [ www.all-starfunds.com ] or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XUSAX. Past performance cannot predict future results. -------------------------------------------------------------------------- Net Assets at Month-End ($millions) ---------------------------------- Total $673.2 Equities $652.6 Preferred Stocks & Convertible Bonds $1.4 Percent Invested 97.1% -------------------------------------------------------------------------- Top 20 Holdings at Month-End (27.2% of portfolio) ------------------------------------------------ (Rank from previous month) 1 Gilead Sciences, Inc.(1) 2.2% 11 Apple, Inc.(78) 1.3% 2 Dell, Inc.(2) 2.0% 12 Teva Pharmaceutical 3 Cisco Systems, Inc.(31) 1.8% Industries Ltd.(7) 1.3% 4 Annaly Capital 13 QUALCOMM, Inc.(11) 1.3% Management, Inc.(3) 1.6% 14 Google, Inc., Class A(8) 1.3% 5 Visa, Inc., Class A(5) 1.6% 15 JPMorgan Chase & Co.(13) 1.3% 6 Chesapeake Energy Corp.(6) 1.6% 16 International Business 7 Microsoft Corp.(9) 1.4% Machines Corp.(14) 1.2% 8 J.C. Penney Co., Inc.(17) 1.4% 17 Magna International, 9 Genzyme Corp.(4) 1.3% Inc., Class A(15) 1.2% 10 Bank of America Corp.(34) 1.3% 18 Monsanto Co.(16) 1.1% 19 Morgan Stanley(19) 1.1% 20 Amazon.com, Inc.(10) 1.1% Holdings are subject to change -------------------------------------------------------------------------- Sector Breakdown (% of portfolio) * New Holdings -------------------------------- ------------ Information Technology 27.0% Citigroup, Inc. (Preferred) Consumer Discretionary 15.9% The Coca-Cola Co. Financials 14.8% Flowserve Corp. Health Care 14.7% FMC Technologies, Inc. Energy 11.4% Life Technologies Corp. Industrials 6.2% Loews Corp. Consumer Staples 5.3% Medtronic, Inc. Materials 2.9% Occidental Petroleum Corp. Utilities 1.8% PACCAR, Inc. ------ Petroleo Brasileiro S.A. 100.0% Quanta Services, Inc. Range Resources Corp. Starbucks Corp. Weatherford International Ltd. Holdings Liquidated ------------------- Abbott Laboratories Accenture Ltd., Class A Baxter International, Inc. BearingPoint, Inc. Berkshire Hathaway, Inc., Class A Cameco Corp. Express Scripts, Inc. Genentech, Inc. Kellogg Co. Pfizer, Inc. Qimonda Finance LLC (Corporate) Raytheon Co. Waste Management, Inc. Wyeth * Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS). The Liberty All-Star Equity Fund is a closed-end fund and does not continuously offer shares.