Alger Capital Appreciation Fund Class Z (ACAZX)
The fund mainly focuses on investing in growth equity securities from companies of any size that exhibit promising growth potential, as identified through fundamental research.
Fund Info
| ISIN | US0155654199 |
|---|---|
| CUSIP | 015565419 |
| Issuer | Alger |
| Inception Date | Dec 29, 2010 |
| Category | Large Cap Growth Equities |
| Min. Investment | $500,000 |
| Home Page | www.alger.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
ACAZX has a high expense ratio of 0.85%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ACAZX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alger Capital Appreciation Fund Class Z, 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
Alger Capital Appreciation Fund Class Z had a return of 13.44% year-to-date (YTD) and 43.40% in the last 12 months. Over the past 10 years, Alger Capital Appreciation Fund Class Z had an annualized return of 14.00%, outperforming the S&P 500 benchmark which had an annualized return of 10.41%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.44% | 6.17% |
| 1 month | -2.64% | -2.72% |
| 6 months | 27.63% | 17.29% |
| 1 year | 43.40% | 23.80% |
| 5 years (annualized) | 13.78% | 11.47% |
| 10 years (annualized) | 14.00% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.05% | 8.54% | 2.50% | -4.42% | ||||||||
| 2023 | -1.03% | 12.15% | 3.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ACAZX is 88, placing it in the top 12% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Alger Capital Appreciation Fund Class Z(ACAZX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Capital Appreciation Fund Class Z (ACAZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Alger Capital Appreciation Fund Class Z granted a 5.86% dividend yield in the last twelve months. The annual payout for that period amounted to $1.82 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.82 | $1.82 | $0.84 | $7.41 | $5.15 | $2.20 | $2.54 | $1.67 | $0.17 | $1.67 | $3.23 |
Dividend yield | 5.86% | 6.65% | 4.13% | 22.24% | 14.91% | 7.87% | 11.23% | 6.60% | 0.82% | 8.15% | 15.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Capital Appreciation Fund Class Z. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.82 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.41 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.15 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.20 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.54 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.67 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.67 |
| 2014 | $3.23 |
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 Capital Appreciation Fund Class Z. 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 Capital Appreciation Fund Class Z was 47.92%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Alger Capital Appreciation Fund Class Z drawdown is 13.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.92% | Dec 16, 2021 | 260 | Dec 28, 2022 | — | — | — |
| -29.51% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -22.22% | Oct 2, 2018 | 58 | Dec 24, 2018 | 81 | Apr 23, 2019 | 139 |
| -21.19% | May 2, 2011 | 108 | Oct 3, 2011 | 98 | Feb 23, 2012 | 206 |
| -17.86% | Jul 21, 2015 | 143 | Feb 11, 2016 | 233 | Jan 13, 2017 | 376 |
Volatility
Volatility Chart
The current Alger Capital Appreciation Fund Class Z volatility is 7.20%, 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.