PortfoliosLab logo

Alger International Focus Fund (AFGPX)

Mutual Fund · Currency in USD · Last updated Jun 1, 2023

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

ISINUS0155656095
IssuerAlger
Inception DateNov 10, 1986
CategoryForeign Large Cap Equities
Minimum Investment$1,000
Asset ClassEquity

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.


1.28%
0.00%2.15%

Share Price Chart


Loading data...

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.


-8.00%-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%2023FebruaryMarchAprilMay
-2.49%
2.66%
AFGPX (Alger International Focus Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with AFGPX

Alger International Focus Fund

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.


PeriodReturnBenchmark
1 month-2.49%0.29%
Year-To-Date3.99%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


JanFebMarAprMayJunJulAugSepOctNovDec
20239.83%-5.25%3.20%-0.48%
20229.66%-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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AFGPX
Alger International Focus Fund
-0.19
^GSPC
S&P 500
0.02

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Alger International Focus Fund Sharpe ratio is -0.19. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.002023FebruaryMarchAprilMay
-0.19
0.02
AFGPX (Alger International Focus Fund)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-35.00%-30.00%-25.00%-20.00%-15.00%2023FebruaryMarchAprilMay
-31.69%
-12.86%
AFGPX (Alger International Focus Fund)
Benchmark (^GSPC)

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, 198735Oct 26, 1987485Sep 4, 1989520
-74.26%Jul 5, 199071Oct 11, 1990121Mar 29, 1991192
-71.7%Feb 18, 199294Jun 26, 1992109Nov 26, 1992203
-71.45%Feb 22, 199489Jun 24, 1994210Apr 14, 1995299
-70.33%Jan 2, 199021Jan 30, 199084May 28, 1990105

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.


2.00%4.00%6.00%8.00%10.00%2023FebruaryMarchAprilMay
4.09%
3.67%
AFGPX (Alger International Focus Fund)
Benchmark (^GSPC)