Alger International Focus Fund (AFGPX)
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of foreign companies. It generally invests in at least three foreign countries, and, at times, may invest a substantial portion of its assets in a single foreign country.
Fund Info
| ISIN | US0155656095 |
|---|---|
| Issuer | Alger |
| Inception Date | Nov 10, 1986 |
| Category | Foreign Large Cap Equities |
| Minimum Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Alger International Focus Fund has a high expense ratio of 1.28%, 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 International Focus Fund, 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
Return
Alger International Focus Fund had a return of 3.99% year-to-date (YTD) and -5.00% in the last 12 months. Over the past 10 years, Alger International Focus Fund had an annualized return of 3.72%, while the S&P 500 had an annualized return of 9.88%, indicating that Alger International Focus Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -2.49% | 0.29% |
| Year-To-Date | 3.99% | 8.86% |
| 6 months | -1.61% | 2.44% |
| 1 year | -5.00% | 1.15% |
| 5 years (annualized) | 2.12% | 8.88% |
| 10 years (annualized) | 3.72% | 9.88% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 9.83% | -5.25% | 3.20% | -0.48% | ||||||||
| 2022 | 9.66% | -5.38% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Alger International Focus Fund (AFGPX) 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 | |
|---|---|---|---|---|---|
AFGPX Alger International Focus Fund | -0.19 | ||||
^GSPC S&P 500 | 0.02 |
Dividend History
Alger International Focus Fund 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 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $1.97 | $0.00 | $0.61 | $0.34 | $0.78 | $0.16 | $0.00 | $0.00 | $0.00 | $0.02 |
Dividend yield | 0.00% | 0.00% | 10.04% | 0.00% | 4.88% | 3.41% | 6.24% | 1.58% | 0.00% | 0.04% | 0.00% | 0.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger International Focus Fund. 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 | ||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.97 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2012 | $0.02 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Alger International Focus Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Alger International Focus Fund is 77.56%, recorded on Oct 26, 1987. It took 485 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.56% | Sep 8, 1987 | 35 | Oct 26, 1987 | 485 | Sep 4, 1989 | 520 |
| -74.26% | Jul 5, 1990 | 71 | Oct 11, 1990 | 121 | Mar 29, 1991 | 192 |
| -71.7% | Feb 18, 1992 | 94 | Jun 26, 1992 | 109 | Nov 26, 1992 | 203 |
| -71.45% | Feb 22, 1994 | 89 | Jun 24, 1994 | 210 | Apr 14, 1995 | 299 |
| -70.33% | Jan 2, 1990 | 21 | Jan 30, 1990 | 84 | May 28, 1990 | 105 |
Volatility Chart
The current Alger International Focus Fund volatility is 4.09%, 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.