# Liberty All-Star Equity Fund (USA)

> Source: Nexqual · https://nexqual.com/USA · data as of 2026-10-23 17:20 UTC · cite as "Nexqual, Liberty All-Star Equity Fund (USA), nexqual.com/USA" · informational, not investment advice.

**Price:** USD 5.93 (-0.34% today) · US market open, as of October 23, 2026 at 17:20 UTC; quotes may be delayed. Prev close 5.95 · day 5.92–5.98 · 52w 5.4–6.44 · market cap null · NYQ

## Key facts
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $24K; 1 by opportunistic insiders, 0 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y +4.8% vs S&P 500 +14.4%; 5Y +16.5% vs S&P 500 +77.0%.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $24K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-02…2026-06-03 | Haley Mark T | President | 2,356 | $14K | 5.81 | Too little history (no open-market trades in 2024) |
| 2026-05-08 | Milas Robert |  | 1,700 | $10K | 5.82 | Opportunistic (traded every year 2023–2025, no repeating month) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +4.8% | +16.5% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | +4.8% | +3.1% |
| Volatility (annualized) | 14.1% | 19.3% |
| Max drawdown | -13.0% (Jan 2026→Mar 2026) | -30.4% (Nov 2021→Sep 2022) |

## Peers (Asset Management)
BLK (BlackRock, Inc.) USD 1,107.49 -2.62% · BX (Blackstone Inc.) USD 116.13 -2.21% · BN (Brookfield Corporation) USD 37.67 -1.59% · KKR (KKR & Co. Inc.) USD 91.16 -2.07% · BAM (Brookfield Asset Management Inc) USD 46.92 -1.51% · APO (Apollo Global Management, Inc. ) USD 112.17 -2.32%

## More
Full page: https://nexqual.com/USA · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt