BOSTON -- (Business Wire)
The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has
declared a distribution of $0.08 per share payable on January 2, 2013 to
shareholders of record on November 2, 2012 (ex-dividend date of October
31, 2012). This distribution is in accordance with the Fund’s current
distribution policy of paying distributions on its shares totaling
approximately 6 percent of its net asset value per year, payable in four
quarterly installments of 1.5 percent. A portion of the distribution may
be treated as paid from sources other than net income, including but not
limited to short-term capital gain, long-term capital gain and return of
capital. The final determination of the source of all distributions in
2012 for tax reporting purposes, including the percentage of qualified
dividend income, will be made after year-end.
The distribution will be paid in newly issued shares to all shareholders
except those who are not participating in Liberty All-Star Equity Fund’s
Dividend Reinvestment Plan and who elect to receive the distribution in
cash. Shares will be issued at the lower of the December 14, 2012 net
asset value per share or market value per share (but not less than 95%
of market value). The market value of the Fund’s shares for this purpose
will be the last sales price on the New York Stock Exchange.
ALPS Advisors, Inc. is the investment advisor of the Liberty All-Star
Equity Fund, a multi-managed, closed-end investment company with more
than $988 million in net assets. The Fund’s shares are listed on the New
York Stock Exchange under the symbol USA.
The Liberty All-Star Equity Fund is a closed-end fund and does not
continuously offer shares. The Fund trades in the secondary market,
investors wishing to buy or sell shares need to place orders through an
intermediary or broker. The share price of a closed-end fund is based on
the market’s value.
Liberty All-Star Equity Fund
William Parmentier, 1-800-241-1850
Source: Liberty All-Star Equity Fund
© 2016 Canjex Publishing Ltd. All rights reserved.