All-Star Equity Oct. Update.BOSTON--(BUSINESS WIRE)--Nov. 24, 1997-- Liberty All-Star Equity Fund (NYSE NYSE See: New York Stock Exchange :USA) Monthly Update: October 1997 Performance NAV See navigation system and navigation bar. Market Price Premium/(Discount) Beginning of month value $14.01 $14.125 0.8% Distributions ---- ---- End of month value $13.51 $13.000 -3.8% Performance for month -3.6% -8.0% Performance year-to-date 22.2% 24.6% Please Note: Daily NAV and year-to-date NAV performance are available by calling 1-800-542-3863. Past updates and news releases can be found at LAMCO's Web Site at www.lamco.com -0- Net Assets at Month-End ($millions) Total $1,149.5 Equities $1,120.8 Percent Invested in Equities 97.5% -0- Top 20 Holdings at Month-End (24.4% of total portfolio) (Rank from previous month) 1 Warner-Lambert (2) 2.3% 11 Citicorp (10) 1.1% 2 Boeing (1) 1.9% 12 Sprint (14) 1.1% 3 Travelers (3) 1.5% 13 Monsanto (18) 1.1% 4 May Department Stores The May Department Stores Company was a department store chain founded in 1877 by David May in Leadville, Colorado. Its headquarters moved to St. Louis, Missouri in 1905, and the company went public in 1911. (5) 1.3% 14 Intel (8) 1.0% 5 EXEL (6) 1.3% 15 IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (11) 1.0% 6 Nokia (4) 1.3% 16 Progressive Corp. (16) 1.0% 7 Federal Home Loan Mort.(9) 1.3% 17 HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy (54) 1.0% 8 Pfizer (15) 1.2% 18 Elan (21) 0.9% 9 First Union (7) 1.2% 19 SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications (25) 0.9% 10 Home Depot (12) 1.1% 20 AFLAC AFLAC American Family Life Assurance Company AFLAC American Family Life Assurance Company of Columbus AFLAC Apologies For Lack of Audi Content (Audi listservs) (19) 0.9% -0- Purchases & Sales for Month New Holdings ADC Telecommunications Fleet Financial Group AES Fort James American Home Products HBO (1) Atlantic Richfield Oracle (1) Champion Int'l. (1) Starwood Lodging Trust Cisco Systems (1) Texas Instruments (1) Concord EFS EFS Encrypted File System (Microsoft Windows 2000) EFS Event Free Survival (survival rates in clinical trials) EFS Evangeliska Fosterlandsstiftelsen (Sweden) US West Media Group Holdings Liquidated Anadarko Petroleum Oxford Health Plans Anheuser Busch (2) Schering-Plough Circuit City Stores - Carmax Talbots Coca-Cola Tele-Communications-TCI Group (2) Johnson Controls Tosco (2) LSI Logic UNUM Micro Warehouse Major Increases ($1 million +) Alliedsignal Toys R Us Arbor Drugs Travelers Banc One Tyco Int'l. BankAmerica Waste Management Temple-Inland WorldCom Major Reductions ($1 million +) Best Buy IBM Brightpoint Loews Burlington Northern Santa Fe Merrill Lynch Dime Bancorp Sitel Electronic Arts Warner-Lambert First Chicago NBD (1) New purchase by one manager, and already held in fund by another manager. (2) Issue liquidated by one manager, but still held in fund by another manager. CONTACT: Liberty Financial Jeffrey Cathie, 617-371-2268 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion