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
US0155654199
015565419
Dec 29, 2010
$500,000
Large-Cap
Growth
Expense Ratio
ACAZX features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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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 36.87% year-to-date (YTD) and 37.33% in the last 12 months. Over the past 10 years, Alger Capital Appreciation Fund Class Z had an annualized return of 6.00%, while the S&P 500 had an annualized return of 11.06%, indicating that Alger Capital Appreciation Fund Class Z did not perform as well as the benchmark.
ACAZX
36.87%
-7.98%
5.77%
37.33%
6.04%
6.00%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of ACAZX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.05% | 8.54% | 2.50% | -4.42% | 8.23% | 6.72% | -3.49% | 3.26% | 4.73% | 1.09% | 10.22% | 36.87% | |
| 2023 | 9.06% | -1.94% | 6.26% | 1.21% | 5.57% | 6.73% | 3.08% | -0.92% | -5.95% | -1.03% | 12.15% | -2.67% | 34.47% |
| 2022 | -11.08% | -3.14% | 1.57% | -14.45% | -3.45% | -8.65% | 12.33% | -4.21% | -9.85% | 3.94% | 3.38% | -11.35% | -39.01% |
| 2021 | -1.07% | 1.93% | 0.23% | 6.41% | -1.21% | 5.61% | 2.32% | 3.33% | -5.78% | 7.46% | -0.80% | -19.12% | -3.62% |
| 2020 | 3.36% | -6.02% | -8.61% | 14.73% | 6.81% | 4.70% | 7.78% | 9.96% | -4.05% | -3.01% | 9.79% | -10.47% | 23.48% |
| 2019 | 9.02% | 3.65% | 2.31% | 5.01% | -6.34% | 7.12% | 1.23% | -1.33% | -0.84% | 2.86% | 4.56% | -4.64% | 23.75% |
| 2018 | 8.43% | -2.30% | -3.02% | 1.50% | 4.59% | 0.73% | 2.20% | 4.51% | 0.74% | -9.84% | 1.93% | -17.66% | -10.56% |
| 2017 | 5.43% | 3.66% | 1.74% | 2.68% | 3.25% | -1.00% | 3.31% | 2.55% | -0.08% | 4.67% | 1.66% | -6.02% | 23.56% |
| 2016 | -7.13% | -2.05% | 6.49% | -1.21% | 2.80% | -1.69% | 5.10% | -0.43% | 1.40% | -2.62% | 0.15% | -0.24% | -0.15% |
| 2015 | -1.35% | 6.73% | 0.18% | -0.87% | 3.41% | -1.11% | 2.52% | -7.07% | -3.40% | 8.31% | 1.13% | -8.53% | -1.40% |
| 2014 | -2.03% | 5.46% | -2.38% | -1.08% | 3.46% | 3.21% | -0.75% | 4.70% | -1.58% | 1.39% | 3.43% | -13.95% | -1.70% |
| 2013 | 5.01% | 0.68% | 3.38% | 0.49% | 3.04% | -2.42% | 5.94% | -0.97% | 4.78% | 4.61% | 3.10% | -3.78% | 25.98% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 81, ACAZX is among the top 19% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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
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.
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 53.72%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Alger Capital Appreciation Fund Class Z drawdown is 13.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.72% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -30.01% | Oct 2, 2018 | 58 | Dec 24, 2018 | 281 | Feb 6, 2020 | 339 |
| -29.51% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -27.17% | Dec 8, 2014 | 297 | Feb 11, 2016 | 325 | May 26, 2017 | 622 |
| -21.19% | May 2, 2011 | 108 | Oct 3, 2011 | 98 | Feb 23, 2012 | 206 |
Volatility
Volatility Chart
The current Alger Capital Appreciation Fund Class Z volatility is 13.37%, 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.