Liberty All-Star Equity Fund Files 2024 Proxy Statement

TL;DR

LIBERTY ALL-STAR EQUITY FUND filed its 2024 proxy statement. Vote your shares!

AI Summary

Liberty All-Star Equity Fund filed a DEF 14A proxy statement on June 27, 2024, for its fiscal year ending December 31, 2024. The filing, related to the 1934 Securities Exchange Act, concerns the company's annual shareholder meeting and related governance matters. The fund is incorporated in Massachusetts and its business address is C/O ALPS FUND SERVICES, INC. in Denver, Colorado.

Why It Matters

This filing provides shareholders with crucial information regarding the company's governance, executive compensation, and voting matters, enabling informed participation in the fund's direction.

Risk Assessment

Risk Level: low — This is a routine annual proxy filing (DEF 14A) and does not contain new material events or financial distress signals.

Key Numbers

• 1934 — SEC Act (Governing legislation for the filing)

Key Players & Entities

• LIBERTY ALL-STAR EQUITY FUND (company) — Registrant
• ALPS FUND SERVICES, INC. (company) — Fund Administrator
• 20240627 (date) — Filing Date

FAQ

Key Financial Figures

• $145,000 — by the Growth Fund, is estimated to be $145,000. The regular costs of the joint shareho
• $2,505,758 — , the Growth Fund paid advisory fees of $2,505,758 to AAI and AAI paid advisory fees of $4
• $436,653 — 58 to AAI and AAI paid advisory fees of $436,653 to Sustainable, $430,788 to Congress As
• $430,788 — visory fees of $436,653 to Sustainable, $430,788 to Congress Asset Management Company, L
• $383,017 — gress Asset Management Company, LLP and $383,017 to Weatherbie Capital, LLC. During the
• $300 million — assets of the Fund up to and including $300 million; and 0.36% of the Portfolio Manager&rsq
• $300 million — daily net assets of the Fund exceeding $300 million. 4 Termination of the New Agreement
• $1.5 billion — advised Multi-Managed U.S. Mutual Fund $1.5 billion 0.50% 1 st $50M; 0.40% next $450M;
• $50M — . Mutual Fund $1.5 billion 0.50% 1 st $50M; 0.40% next $450M; 0.35% above $500
• $450M — billion 0.50% 1 st $50M; 0.40% next $450M; 0.35% above $500M. None Required
• $500M — $50M; 0.40% next $450M; 0.35% above $500M. None Required Vote Approval of t

Filing Documents

• fp0088777-2_def14a.htm (DEF 14A) — 353KB
• fp0088777-2_01.jpg (GRAPHIC) — 6KB
• fp0088777-2_02.jpg (GRAPHIC) — 540KB
• fp0088777-2_03.jpg (GRAPHIC) — 242KB
• 0001398344-24-012001.txt ( ) — 1439KB

From the Filing

DEF 14A 1 fp0088777-2_def14a.htm UNITED STATES SECRUITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule14a-6(e)(2)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [ ] Soliciting Material Pursuant to Sec. 240.14a-12 LIBERTY ALL-STAR EQUITY FUND (name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant ) Payment of Filing Fee (Check the appropriate box): [X] No fee required [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1)Title of each class of securities to which transaction applies: 2)Aggregate number of securities to which transaction applies: 3)Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11(set forth the amount on which the filing fee is calculated and state how it was determined): 4)Proposed maximum aggregate value of transaction: 5)Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1)Amount Previously Paid: 2)Form, Schedule or Registration Statement No.: 3)Filing Party: 4)Date Filed: LIBERTY ALL-STAR ® EQUITY FUND (the “Equity Fund”) LIBERTY ALL-STAR ® GROWTH FUND, INC. (the “Growth Fund”) (collectively, the “Funds”) 1290 Broadway, Suite 1000 Denver, Colorado 80203 (303) 623-2577 NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS TO BE HELD AUGUST 28, 2024 To the Shareholders of the Funds: NOTICE IS HEREBY GIVEN that the 2024 Joint Annual Meeting of Shareholders of the Funds (the “2024 Annual Meeting”) will be held at One Financial Center, 4 th Floor, Boston, Massachusetts, 02111, on August 28, 2024 at 9:00 a.m. Eastern Time, and at any adjournments thereof. The purposes of the 2024 Annual Meeting are to consider and act upon the following matters, and to transact such other business, including any adjournment of the 2024 Annual Meeting, as may properly come before the 2024 Annual Meeting or any adjournments thereof: 1. To approve a new Portfolio Management Agreement among the Growth Fund, ALPS Advisors, Inc. and Westfield Capital Management Company, L.P. (“Proposal 1”); and 2. To elect two Directors of the Growth Fund (“Proposal 2”) and 3. To elect two Trustees of the Equity Fund (“Proposal 3”). The Boards of Trustees/Directors have fixed the close of business on June 11, 2024 as the record date (the “Record Date”) for the determination of the shareholders of the Funds entitled to notice of, and to vote at, the 2024 Annual Meeting and any adjournments thereof. YOUR VOTE AT THIS YEAR’S ANNUAL MEETING IS EXTREMELY IMPORTANT. The Funds’ Boards of Trustees/Directors unanimously recommend that you vote FOR Proposals 1, 2 and 3. By order of the Board of Trustees of the Equity Fund and the Board of Directors of the Growth Fund, Mark T. Haley President of the Funds YOUR VOTE AT THIS YEAR’S ANNUAL MEETING IS EXTREMELY IMPORTANT - PLEASE VOTE, SIGN, DATE AND RETURN YOUR PROXY CARD PROMPTLY. You are cordially invited to attend the 2024 Annual Meeting. We urge you, whether or not you expect to attend the 2024 Annual Meeting in person, to vote your shares. Your vote is important no matter how many shares you own. Voting your shares early will avoid costly follow-up mail and telephone solicitations. After reviewing the enclosed materials, please vote, sign and date your proxy card and mail it promptly in the enclosed return envelope, or help save time and postage costs by calling the toll-free number and following the instructions. You may also vote via the internet by logging on to the website indicated on your proxy card and following the instructions that will appear. This will ensure that your vote is counted even if you cannot attend the meeting in person. If you have any questions about the proposals or the voting instructions, please call EQ Fund Solutions, LLC at 866-207-2239. Important Notice Regarding the Availability of Proxy Materials for the 2024 Annual Meeting to be held on August 28, 2024: This proxy statement is available on the internet at https://www.proxy-direct.com/lib-34006. June 27, 2024 LIBERTY ALL-STAR ® EQUITY FUND (the “Equity Fund”) LIBERTY ALL-STAR ® GROWTH FUND, INC. (the “Growth Fun

View Full Filing

View this DEF 14A filing on SEC EDGAR