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Liberty All-Star(R) Equity Fund June 2010 Monthly Update

^{Published on 2010-07-15 11:30:48 - Market Wire}
 

BOSTON, MA--(Marketwire - July 15, 2010) - Below is the June 2010 Monthly Update for the Liberty All-Star® Equity Fund. (NYSE: [ USA ])

 June 2010 Monthly Update Performance NAV Market Price Discount ----------- --- ------------ -------- Beginning of month value $4.96 $4.27 13.9% Distributions - - End of month value $4.60 $3.98 13.5% Performance for month -7.26% -6.79% Performance year-to-date -9.23% -4.84% For daily data visit the Fund's website at [ www.all-starfunds.com ] or call 1-800-241-1850. The Fund's daily NAV is also available by using the symbol XUSAX. Past performance cannot predict future results. --------------------------------------------------------------------------- Net Assets at Month-End ($millions) ----------------------------------- Total $839.6 Equities $828.2 Convertible Bonds $1.3 Percent Invested 98.8% --------------------------------------------------------------------------- Top 20 Holdings at Month-End (27.6% of portfolio) -------------------------------------------------- (Rank from previous month) * 1 Apple, Inc. (1) 2.8% 11 Tyco Electronics Ltd. (10) 1.2% 2 Bank of America Corp. (2) 2.5% 12 Arch Coal, Inc. (12) 1.1% 3 JPMorgan Chase & Co. (4) 2.1% 13 Gilead Sciences, Inc. (6) 1.1% 4 Dell, Inc. (3) 2.0% 14 The Boeing Co. (18) 1.0% 5 QUALCOMM, Inc. (5) 1.7% 15 Amazon.com, Inc. (13) 1.0% 6 The Allstate Corp. (8) 1.3% 16 Wells Fargo & Co. (15) 1.0% 7 Chesapeake Energy Corp. (9) 1.2% 17 State Street Corp. (14) 1.0% 8 PNC Financial Services 18 C.H. Robinson Worldwide, Group, Inc. (7) 1.2% Inc. (21) 1.0% 9 Cisco Systems, Inc. (55) 1.2% 19 Google, Inc., Class A (16) 1.0% 10 The Western Union Co. (11) 1.2% 20 Microsoft Corp. (17) 1.0% Holdings are subject to change --------------------------------------------------------------------------- Sector Breakdown (% of portfolio) * New Holdings * --------------------------------- -------------- Information Technology 23.7% Acme Packet, Inc. Financials 20.1% Forest Laboratories, Inc. Energy 12.1% Freeport-McMoRan Copper & Health Care 11.7% Gold, Inc. Consumer Discretionary 10.7% Joy Global, Inc. Industrials 10.6% Lincoln National Corp. Consumer Staples 5.5% Vertex Pharmaceuticals, Inc. Utilities 2.8% Materials 2.2% Telecommunication Services 0.6% --------- 100.0% Holdings Liquidated * --------------------- General Mills, Inc. Genworth Financial, Inc., Class A Monsanto Co. Research In Motion Ltd. * 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.