Erich Rettinger, the treasurer of Liberty All Star Equity Fund (NYSE: USA), reported an open-market purchase of 350 shares on February 6, 2026. The transaction was executed at a price of $6.01 per share, producing a total outlay of $2,103. Following the trade, Rettinger holds 350 shares of the fund directly.
The fund itself is quoted at $6.03 per share and carries a reported market capitalization of $1.78 billion. Key valuation and income metrics for the fund include a price-to-earnings ratio of 8.87 and a dividend yield of 12.12%. The fund has maintained its dividend distribution for 40 consecutive years.
Alongside those income and valuation figures, the fund is assigned an overall financial health assessment of "GOOD." This assessment is coupled with a specific liquidity-related observation: short-term obligations exceed liquid assets. That condition points to a mismatch between immediate liabilities and readily available cash or equivalents.
The reported insider purchase is modest in absolute dollar terms - $2,103 - and represents an incremental direct holding for the treasurer. The reporting of the trade documents both the transaction price and the resulting ownership stake, leaving the balance sheet and income metrics of the fund as stated above as the primary public data points tied to the disclosure.
Below are the core metrics and reported facts drawn from the disclosure:
- Insider: Erich Rettinger, Treasurer
- Transaction date: February 6, 2026
- Shares purchased: 350
- Price per share: $6.01
- Total transaction value: $2,103
- Post-trade direct ownership: 350 shares
- Current trading price: $6.03
- Market capitalization: $1.78 billion
- Dividend yield: 12.12%
- Dividend payment streak: 40 consecutive years
- P/E ratio: 8.87
- Overall financial health score: "GOOD"
- Liquidity note: short-term obligations exceed liquid assets
The disclosure provides a concise snapshot of the trade and the fund's headline metrics. No additional commentary or forward-looking statements are included in the reporting; the published details are limited to the trade execution, resulting share ownership, and the published financial indicators noted above.
For market participants tracking insider activity and income-oriented funds, the combination of a long-running dividend streak and a high yield are notable data points. At the same time, the liquidity observation—short-term obligations outstripping liquid assets—remains a material line-item in the public profile of the fund.