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Alger Large Cap Growth Portfolio Fund (AAGOX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

The advisor focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Alger Large Cap Growth Portfolio Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $49,013 for a total return of roughly 390.13%. All prices are adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
2.52%
7.43%
AAGOX (Alger Large Cap Growth Portfolio Fund)
Benchmark (^GSPC)

S&P 500

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Return

Alger Large Cap Growth Portfolio Fund had a return of 7.72% year-to-date (YTD) and -23.16% in the last 12 months. Over the past 10 years, Alger Large Cap Growth Portfolio Fund had an annualized return of 11.58%, outperforming the S&P 500 benchmark which had an annualized return of 9.86%.


PeriodReturnBenchmark
1 month-2.80%-3.13%
Year-To-Date7.72%2.92%
6 months-3.82%2.02%
1 year-23.16%-11.46%
5 years (annualized)8.20%7.79%
10 years (annualized)11.58%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.22%-2.60%
2022-10.51%3.82%2.64%-8.64%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Alger Large Cap Growth Portfolio Fund Sharpe ratio is -0.67. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.20NovemberDecember2023FebruaryMarch
-0.67
-0.45
AAGOX (Alger Large Cap Growth Portfolio Fund)
Benchmark (^GSPC)

Dividend History

Alger Large Cap Growth Portfolio Fund granted a 5.49% dividend yield in the last twelve months. The annual payout for that period amounted to $2.78 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$2.78$2.78$23.30$13.78$1.21$11.67$6.04$0.19$6.61$11.00$0.44$0.55

Dividend yield

5.49%5.91%30.33%20.20%2.96%36.44%19.33%0.79%26.98%45.71%2.06%3.47%

Monthly Dividends

The table displays the monthly dividend distributions for Alger Large Cap Growth Portfolio Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.78
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$23.30
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$13.78
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.21
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$11.67
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.04
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.61
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$11.00
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.44
2012$0.28$0.00$0.00$0.00$0.00$0.00$0.00$0.27

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2023FebruaryMarch
-38.40%
-17.62%
AAGOX (Alger Large Cap Growth Portfolio Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alger Large Cap Growth Portfolio Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Alger Large Cap Growth Portfolio Fund is 56.55%, recorded on Nov 20, 2008. It took 1054 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.55%Oct 30, 2007268Nov 20, 20081054Feb 1, 20131322
-44.07%Nov 9, 2021286Dec 28, 2022
-32.05%May 20, 2002203Mar 11, 2003207Jan 6, 2004410
-30.02%Feb 20, 202018Mar 16, 202052May 29, 202070
-26.36%Oct 1, 201859Dec 24, 2018246Dec 16, 2019305
-24.52%Jul 21, 2015143Feb 11, 2016301Apr 24, 2017444
-16.48%Jan 27, 2004138Aug 12, 2004203Jun 2, 2005341
-16.29%Feb 16, 202115Mar 8, 202178Jun 28, 202193
-13.99%May 10, 200650Jul 21, 200687Nov 22, 2006137
-10.69%Sep 3, 20203Sep 8, 202024Oct 12, 202027

Volatility Chart

Current Alger Large Cap Growth Portfolio Fund volatility is 26.04%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2023FebruaryMarch
26.04%
20.82%
AAGOX (Alger Large Cap Growth Portfolio Fund)
Benchmark (^GSPC)