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ISIN
US0155442082
Issuer
Alger
Inception Date
Sep 4, 1989
Min. Investment
$500,000
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

ABLOX Performance Chart

Alger Balanced Portfolio Fund (ABLOX) is up 10.5% since the beginning of the year. ABLOX is currently trading at $25 per share. Investors who bought $1,000 worth of ABLOX shares 5 years ago would now be looking at an investment worth $1,706.


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S&P 500 Index

Returns By Period

Alger Balanced Portfolio Fund (ABLOX) has returned 10.51% so far this year and 25.83% over the past 12 months. Over the last ten years, ABLOX has returned 10.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.33% annually.


Alger Balanced Portfolio Fund

1D
0.16%
1M
1.96%
YTD
10.51%
6M
9.42%
1Y
25.83%
3Y*
17.94%
5Y*
11.27%
10Y*
10.91%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
-0.21%
YTD
7.86%
6M
7.47%
1Y
23.05%
3Y*
19.90%
5Y*
11.79%
10Y*
13.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ABLOX Monthly Returns History

Based on dividend-adjusted daily data since Sep 8, 1989, ABLOX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2026 with a return of +8.3%, while the worst month was May 1996 at -37.8%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ABLOX closed higher 49% of trading days. The best single day was May 24, 2000 with a return of +7.6%, while the worst single day was May 15, 1996 at -38.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.68%1.00%-3.75%8.30%3.15%0.08%10.51%
20252.76%-1.23%-3.70%-0.88%3.87%4.27%1.85%1.86%3.65%2.16%1.88%-1.21%16.03%
20241.06%2.67%2.44%-2.24%3.86%2.74%1.14%1.93%1.25%-1.05%3.00%-0.76%17.06%
20233.29%-2.30%2.96%1.82%0.23%3.62%2.50%-1.14%-3.18%-0.68%6.32%3.16%17.44%
2022-2.60%-2.62%1.88%-5.55%0.78%-5.27%4.98%-3.01%-6.39%5.16%4.97%-3.36%-11.40%
2021-0.23%1.29%3.13%3.26%0.82%1.35%2.19%1.98%-3.58%4.62%-0.41%3.50%19.17%

Benchmark Metrics

Alger Balanced Portfolio Fund has an annualized alpha of 1.62%, beta of 0.56, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since September 11, 1989.

  • This fund participated in 59.23% of S&P 500 Index downside but only 56.62% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
1.62%
Beta
0.56
0.60
Upside Capture
56.62%
Downside Capture
59.23%

Expense Ratio

ABLOX has a high expense ratio of 1.04%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

ABLOX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


ABLOX Risk / Return Rank: 8888
Overall Rank
ABLOX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
ABLOX Sortino Ratio Rank: 8787
Sortino Ratio Rank
ABLOX Omega Ratio Rank: 8282
Omega Ratio Rank
ABLOX Calmar Ratio Rank: 8888
Calmar Ratio Rank
ABLOX Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Alger Balanced Portfolio Fund (ABLOX) and compare them to S&P 500 Index.


ABLOXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.86

Sortino ratioReturn per unit of downside risk

+1.38

Omega ratioGain probability vs. loss probability

1.53

1.36

+0.17

Calmar ratioReturn relative to maximum drawdown

4.29

2.69

+1.61

Martin ratioReturn relative to average drawdown

19.71

12.34

+7.36

Dividends

Dividend History

Alger Balanced Portfolio Fund provided a 12.41% dividend yield over the last twelve months, with an annual payout of $3.09 per share.


0.00%5.00%10.00%15.00%20.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$3.09$3.09$0.04$0.33$0.98$0.71$0.26$0.62$2.98$0.49$0.00$0.30

Dividend yield

12.41%13.72%0.18%1.72%5.99%3.65%1.55%3.95%21.77%2.83%0.00%2.12%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.09$3.09
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.33$0.33
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.98$0.98
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.71$0.71

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Balanced Portfolio Fund. 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 Balanced Portfolio Fund was 43.31%, occurring on Jul 23, 1996. Recovery took 610 trading sessions.

The current Alger Balanced Portfolio Fund drawdown is 0.24%.


Related event

Drawdown

Fall

Recovery

Underwater

1996 bear market1996
-43.31%Jul 1996
4mo 28d2y 5mo
2y 9moFeb 1996 - Dec 1998
Financial crisis2007–2009
-41.33%Nov 2008
1y 22d3y 2mo
4y 3moOct 2007 - Feb 2012
Dot-com crash2000–2002
-27.69%Jul 2002
2y 3mo3y 1mo
5y 5moMar 2000 - Sep 2005
COVID crash2020
-22.96%Mar 2020
1mo 9d4mo 22d
6mo 1dFeb 2020 - Aug 2020
Bear market2022
-17.34%Oct 2022
9mo 10d1y 1mo
1y 10moJan 2022 - Nov 2023

Drawdown Indicators


ABLOXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-43.31%

-56.78%

+13.47%

Max Drawdown (1Y)

Largest decline over 1 year

-6.15%

-9.10%

+2.95%

Max Drawdown (3Y)

Largest decline over 3 years

-13.15%

-18.90%

+5.75%

Max Drawdown (5Y)

Largest decline over 5 years

-17.34%

-25.43%

+8.09%

Max Drawdown (10Y)

Largest decline over 10 years

-22.96%

-33.92%

+10.96%

Current Drawdown

Current decline from peak

-0.24%

-2.97%

+2.73%

Average Drawdown

Average peak-to-trough decline

-6.88%

-10.72%

+3.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.34%

1.97%

-0.63%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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