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DENVER—Robert Milas, an access person of Liberty All Star Growth Fund Inc. (NYSE:ASG), recently acquired 2,000 shares of the fund’s common stock. The transaction, dated May 19, was completed at a price of $5.2699 per share, amounting to a total purchase value of $10,539. The fund, with a market capitalization of $309.11 million, has maintained an impressive 39-year streak of consecutive dividend payments, currently offering a substantial 7.56% yield. According to InvestingPro, the fund has shown strong recent performance with a 8.17% return over the past year.
Following this transaction, Milas holds a total of 4,558.441 shares, which includes shares acquired through dividend reinvestment. Trading at a P/E ratio of 5.91, the fund has demonstrated solid fundamentals. The acquisition was reported in a Form 4/A filing with the Securities and Exchange Commission. InvestingPro subscribers can access additional insights with 5 more exclusive tips available for this stock.
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