BOSTON, Nov. 4, 2024 /PRNewswire/ —  The Board of Administrators of Liberty All-Star Progress Fund, Inc. (NYSE: ASG) has declared a distribution of $0.12 per share payable on January 2, 2025 to shareholders of report on November 15, 2024. This distribution is in accordance with the Fund’s present distribution coverage of paying distributions on its shares totaling roughly 8 p.c of its internet asset worth per yr, payable in 4 quarterly installments of two p.c. A portion of the distribution could also be handled as paid from sources aside from internet revenue, together with however not restricted to short-term capital acquire, long-term capital acquire and return of capital. The ultimate willpower of the supply of all distributions in 2024 for tax reporting functions, together with the proportion of certified dividend revenue, will probably be made after year-end.

The distribution will probably be paid in newly issued shares to all shareholders besides those that usually are not taking part in Liberty All-Star Progress Fund’s Dividend Reinvestment Plan and who elect to obtain the distribution in money. Shares will probably be issued on the decrease of the December 13, 2024 internet asset worth per share or market worth per share (however not lower than 95% of market worth). The market worth of the Fund’s shares for this function would be the final gross sales price on the New York Inventory Alternate.

The Fund doesn’t repeatedly problem shares and trades within the secondary market, buyers wishing to purchase or promote shares want to put orders by an middleman or dealer. The share price of a closed-end fund relies in the marketplace’s worth. The Fund’s shares are listed on the New York Inventory Alternate below the ticker image ASG. ALPS Advisors, Inc. is the funding advisor of the Fund, a multi-managed, closed-end funding firm with greater than $363 million in internet belongings as of November 1, 2024.

Previous efficiency can not predict future outcomes.
An funding within the Fund entails danger, together with lack of principal.
Secondary market help offered to the Fund by ALPS Fund Providers, Inc.’s affiliate ALPS Portfolio Options Distributor, Inc., a FINRA Member. ALPS Fund Providers, Inc., ALPS Advisors, Inc. and ALPS Portfolio Options Distributor, Inc. are affiliated entities.

For Data Contact:
Liberty All-Star ^® Progress Fund, Inc.
1-800-241-1850
www.all-starfunds.com

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