Liberty All-Star® Equity Fund December 2025 Monthly Update

Core Viewpoint - Liberty All-Star® Equity Fund provided a monthly update for December 2025, highlighting its performance and investment strategy [1] Group 1: Fund Performance - The fund reported a net asset value (NAV) of $7.50 per share as of the end of December 2025, reflecting a 2.5% increase from the previous month [1] - The total return for the fund year-to-date was 15.3%, outperforming the benchmark index [1] Group 2: Investment Strategy - The fund continues to focus on a diversified portfolio, investing primarily in large-cap U.S. equities [1] - The management emphasized a commitment to active management and selective stock picking to enhance returns [1]