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Liberty All-Star Equity Fund

USAFinancial ServicesNASDAQ

Asset Management · Last scanned May 30, 2026

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Financials · Annual
Revenue
$172.7M
-33.6% YoY
Net Income
$167.9M
-34.2% YoY

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About Liberty All-Star Equity Fund

Headquartered within the financial services sector, Liberty All-Star Equity Fund focuses on Asset Management services and products. Liberty All-Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. With a market capitalization of $1.76B, it sits in small-cap territory. The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.

Key stats
Market Cap$1.76B
P/E (TTM)10.43
Fwd P/E584.00
EPS$0.56
Beta0.98
52W Change-12.4%
Dividend Yield11.64%
ROE8.3%
Analysis

Liberty All-Star Equity Fund carries $107.8M in total debt against $41K in cash reserves — debt is roughly 2623.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. Return on equity stands at 8.2%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.4% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from -$407.9M to $172.7M.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. No single metric tells the full story. Reviewing USA's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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