Alger Small Cap Growth Portfolio (AASOX)
The advisor focuses on small, fast-growing companies that the manager believes offer innovative products, services or technologies to a rapidly expanding marketplace. Under normal circumstances, the Portfolio invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology and healthcare sectors.
Fund Info
| ISIN | US0155444062 |
|---|---|
| Issuer | Alger |
| Inception Date | Sep 21, 1988 |
| Category | Small Cap Growth Equities |
| Minimum Investment | $500,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
The Alger Small Cap Growth Portfolio has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in Alger Small Cap 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.
Compare to other instruments
Popular comparisons: AASOX vs. VOO
Return
Alger Small Cap Growth Portfolio had a return of 8.25% year-to-date (YTD) and 3.01% in the last 12 months. Over the past 10 years, Alger Small Cap Growth Portfolio had an annualized return of -0.66%, while the S&P 500 had an annualized return of 9.85%, indicating that Alger Small Cap Growth Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.25% | 19.92% |
| 1 month | 8.47% | 5.06% |
| 6 months | 0.33% | 7.11% |
| 1 year | 3.01% | 16.17% |
| 5 years (annualized) | 5.62% | 11.84% |
| 10 years (annualized) | -0.66% | 9.85% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -1.07% | 6.64% | 4.01% | -3.36% | -6.26% | -6.88% | 8.55% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Alger Small Cap Growth Portfolio (AASOX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AASOX Alger Small Cap Growth Portfolio | 0.12 | ||||
^GSPC S&P 500 | 1.25 |
Dividend History
Alger Small Cap Growth Portfolio granted a 20.73% dividend yield in the last twelve months. The annual payout for that period amounted to $3.18 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Dividend | $3.18 | $3.18 | $13.87 | $3.08 | $1.61 | $1.07 |
Dividend yield | 20.73% | 22.43% | 49.73% | 6.88% | 5.59% | 4.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Small Cap 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 | $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 | $3.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $13.87 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.08 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.61 |
| 2018 | $1.07 |
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 Small Cap 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 Small Cap Growth Portfolio was 60.31%, occurring on Nov 20, 2008. Recovery took 592 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.31% | Nov 1, 2007 | 266 | Nov 20, 2008 | 592 | Mar 30, 2011 | 858 |
| -59.2% | Dec 16, 2021 | 469 | Oct 27, 2023 | — | — | — |
| -55.76% | May 2, 2011 | 1203 | Feb 11, 2016 | 1068 | May 11, 2020 | 2271 |
| -34.4% | May 15, 2002 | 102 | Oct 9, 2002 | 228 | Sep 8, 2003 | 330 |
| -23.32% | Feb 16, 2021 | 211 | Dec 14, 2021 | 1 | Dec 15, 2021 | 212 |
Volatility Chart
The current Alger Small Cap Growth Portfolio volatility is 5.34%, 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.