Liberty All-Star Growth Fund Inc. (NYSE: ASG) released its November 2025 monthly update. The fund follows an all-cap growth strategy, combining three investment managers with distinct capitalization focuses: Weatherbie Capital, LLC (small-cap growth), Congress Asset Management Company, LLP (mid-cap growth), and Westfield Capital Management Company, L.P. (large-cap growth). As of November 30, 2025, the top three holdings were NVIDIA Corp. (4.7% of the equity portfolio), Apple, Inc. (3.9%), and Microsoft Corp. (3.2%). The portfolio's sector allocations included Industrials at 23.5%, Health Care at 16.7%, and Consumer Discretionary at 11.4%. New holdings added during the month were Danaher Corp. and Everus Construction Group, Inc., while Dexcom, Inc. and Palantir Technologies, Inc. were liquidated. The update notes that a portion of distributions may consist of a return of capital, with final tax characterization to be determined after year-end.