Erich Rettinger, who serves as Treasurer at LIBERTY ALL STAR GROWTH FUND INC. (NYSE:ASG), purchased 250 shares of the fund's common stock on February 6, 2026. The shares were bought at $5.12 apiece, bringing the total value of the transaction to $1,280.
Following the trade, Rettinger directly holds 250 shares of the fund. At the time of writing, the fund is quoted at $5.16 per share, a price marginally higher than Rettinger’s purchase level.
InvestingPro data cited in company metrics highlights a notable income profile: ASG carries a reported dividend yield of 9.49% and is documented as having paid dividends for 40 consecutive years. Additional financial indicators included in the same data set show a market capitalization of $319.4 million, a price-to-earnings ratio of 9.12 and an overall financial health rating described as "GOOD."
This transaction is a direct, disclosed acquisition by a senior fund officer. The trade size — 250 shares for $1,280 in aggregate — is modest in dollar terms relative to the fund’s market capitalization but is a verified insider purchase that increases the treasurer’s direct ownership by the cited amount.
For investors focused on income, the combination of a high dividend yield and a long track record of consecutive dividend payments are central data points provided in the InvestingPro summary. The fund’s valuation metrics, as presented, include a single-digit P/E ratio and a mid-hundreds-of-millions market capitalization figure, alongside the qualitative "GOOD" health rating in the same dataset.
While the purchase itself is straightforward in scale and execution, the public data supplied alongside the disclosure frames ASG as a fund with persistent dividend distribution history and a yield noted at 9.49% by InvestingPro. The treasurer’s acquisition simply adds a small, verifiable amount of direct ownership to his holdings.
Transaction details (recap):
- Buyer: Erich Rettinger, Treasurer, LIBERTY ALL STAR GROWTH FUND INC.
- Shares acquired: 250 common shares
- Transaction date: February 6, 2026
- Price per share: $5.12
- Total transaction value: $1,280
- Post-transaction direct ownership: 250 shares
Reported fund metrics (InvestingPro): Dividend yield 9.49%; market capitalization $319.4 million; P/E ratio 9.12; financial health rating "GOOD"; dividend payments maintained for 40 consecutive years.