<SEC-DOCUMENT>0001387131-20-002522-index.html : 20200304
<SEC-HEADER>0001387131-20-002522.hdr.sgml : 20200304
<ACCEPTANCE-DATETIME>20200304132021
ACCESSION NUMBER:		0001387131-20-002522
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		22
CONFORMED PERIOD OF REPORT:	20191231
FILED AS OF DATE:		20200304
DATE AS OF CHANGE:		20200304
EFFECTIVENESS DATE:		20200304

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIBERTY ALL STAR EQUITY FUND
		CENTRAL INDEX KEY:			0000799195
		IRS NUMBER:				042935840
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04809
		FILM NUMBER:		20686449

	BUSINESS ADDRESS:	
		STREET 1:		C/O ALPS FUND SERVICES, INC.
		STREET 2:		P.O. BOX 328
		CITY:			DENVER
		STATE:			CO
		ZIP:			80201-0328
		BUSINESS PHONE:		303.623.2577

	MAIL ADDRESS:	
		STREET 1:		C/O ALPS FUND SERVICES, INC.
		STREET 2:		P.O. BOX 328
		CITY:			DENVER
		STATE:			CO
		ZIP:			80201-0328
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>lusa-ncsr_123119.htm
<DESCRIPTION>CERTIFIED ANNUAL SHAREHOLDER REPORT
<TEXT>
Document 1 - file: lusa-ncsr_123119.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(7)
<SEQUENCE>2
<FILENAME>ex99-7.htm
<DESCRIPTION>PROXY VOTING POLICY AND PROCEDURES
<TEXT>
Document 2 - file: ex99-7.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.13(A)(1)
<SEQUENCE>3
<FILENAME>ex99-13a1.htm
<DESCRIPTION>CODE OF ETHICS
<TEXT>
Document 3 - file: ex99-13a1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>4
<FILENAME>ex99-cert.htm
<DESCRIPTION>302 CERTIFICATIONS
<TEXT>
Document 4 - file: ex99-cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>5
<FILENAME>ex99-906cert.htm
<DESCRIPTION>906 CERTIFICATIONS
<TEXT>
Document 5 - file: ex99-906cert.htm

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<DOCUMENT>
<TYPE>GRAPHIC
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<FILENAME>csailtsimg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: csailtsimg001.jpg

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<SEQUENCE>7
<FILENAME>csailtsimg002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: csailtsimg002.jpg

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<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>csailtsimg003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: csailtsimg003.jpg

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<FILENAME>csailtsimg004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: csailtsimg004.jpg

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<FILENAME>csailtsimg005.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: csailtsimg005.jpg

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<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: csailtsimg006.jpg

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<FILENAME>csailtsimg007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 12 - file: csailtsimg007.jpg

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<FILENAME>csailtsimg008.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: csailtsimg008.jpg

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<SEQUENCE>14
<FILENAME>csailtsimg009.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 14 - file: csailtsimg009.jpg

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<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>csailtsimg010.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 15 - file: csailtsimg010.jpg

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<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>csailtsimg011.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 16 - file: csailtsimg011.jpg

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<TYPE>GRAPHIC
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<FILENAME>csailtsimg012.jpg
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Document 17 - file: csailtsimg012.jpg

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<FILENAME>csailtsimg013.jpg
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Document 18 - file: csailtsimg013.jpg

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<SEQUENCE>19
<FILENAME>csailtsimg014.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 19 - file: csailtsimg014.jpg

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<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>csailtsimg015.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 20 - file: csailtsimg015.jpg

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<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>csailtsimg016.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 21 - file: csailtsimg016.jpg

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<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>csailtsimg017.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 22 - file: csailtsimg017.jpg

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