Alger Weatherbie Specialized Growth Portfolio (AAMOX)
Under normal circumstances, the portfolio invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of small-cap and mid-cap companies. Small-cap or mid-cap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index.
Fund Info
| ISIN | US0155448287 |
|---|---|
| Issuer | Alger |
| Inception Date | Jan 2, 2008 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $500,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
The Alger Weatherbie Specialized Growth Portfolio has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alger Weatherbie Specialized Growth Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 5.05% |
| 1 month | N/A | -4.27% |
| 6 months | N/A | 18.82% |
| 1 year | N/A | 21.22% |
| 5 years (annualized) | N/A | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -7.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Weatherbie Specialized Growth Portfolio (AAMOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Alger Weatherbie Specialized Growth Portfolio granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.03 | $0.83 | $0.24 | $0.73 | $0.30 |
Dividend yield | 0.00% | 2.57% | 39.82% | 8.79% | 38.62% | 15.92% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Weatherbie Specialized Growth Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 |
| 2018 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Alger Weatherbie Specialized Growth Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Alger Weatherbie Specialized Growth Portfolio was 84.43%, occurring on Dec 30, 2016. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -84.43% | Nov 29, 2013 | 776 | Dec 30, 2016 | — | — | — |
| -29.49% | May 2, 2011 | 108 | Oct 3, 2011 | 402 | May 10, 2013 | 510 |
| -18.43% | Apr 26, 2010 | 50 | Jul 6, 2010 | 86 | Nov 4, 2010 | 136 |
| -8.4% | Oct 20, 2009 | 7 | Oct 28, 2009 | 37 | Dec 21, 2009 | 44 |
| -8.28% | Jan 15, 2010 | 14 | Feb 4, 2010 | 16 | Mar 1, 2010 | 30 |
Volatility
Volatility Chart
The current Alger Weatherbie Specialized Growth Portfolio volatility is 3.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.