PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Alger Mid Cap Focus Fund new (AFOIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0155651799
CUSIP015565179
IssuerAlger
Inception DateJun 14, 2019
CategoryMid Cap Growth Equities
Min. Investment$0
Asset ClassEquity

Asset Class Size

Mid-Cap

Asset Class Style

Growth

Expense Ratio

The Alger Mid Cap Focus Fund new has a high expense ratio of 0.95%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.95%

Share Price Chart


Loading data...

Compare to other instruments

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

Alger Mid Cap Focus Fund new

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alger Mid Cap Focus Fund new, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


20.00%40.00%60.00%80.00%OctoberNovemberDecember2024FebruaryMarch
60.38%
81.83%
AFOIX (Alger Mid Cap Focus Fund new)
Benchmark (^GSPC)

S&P 500

Returns By Period

Alger Mid Cap Focus Fund new had a return of 17.39% year-to-date (YTD) and 33.50% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date17.39%10.16%
1 month5.59%3.47%
6 months34.63%22.20%
1 year33.50%30.45%
5 years (annualized)N/A13.16%
10 years (annualized)N/A10.89%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.81%10.80%
2023-1.26%-6.28%-3.74%11.99%6.38%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for Alger Mid Cap Focus Fund new (AFOIX) and compares them with a selected benchmark (^GSPC). These performance indicators 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
AFOIX
Alger Mid Cap Focus Fund new
1.92
^GSPC
S&P 500
2.79

Sharpe Ratio

The current Alger Mid Cap Focus Fund new Sharpe ratio is 1.92. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.92
2.79
AFOIX (Alger Mid Cap Focus Fund new)
Benchmark (^GSPC)

Dividends

Dividend History

Alger Mid Cap Focus Fund new granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM2023202220212020
Dividend$0.00$0.00$0.00$2.06$0.26

Dividend yield

0.00%0.00%0.00%11.14%1.38%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2024$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$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$2.06
2020$0.26

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-33.94%
0
AFOIX (Alger Mid Cap Focus Fund new)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Mid Cap Focus Fund new. 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 Mid Cap Focus Fund new was 54.06%, occurring on Oct 26, 2023. The portfolio has not yet recovered.

The current Alger Mid Cap Focus Fund new drawdown is 33.94%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.06%Nov 9, 2021494Oct 26, 2023
-28.08%Feb 20, 202018Mar 16, 202036May 6, 202054
-23.14%Feb 16, 202162May 13, 2021118Oct 29, 2021180
-10.71%Jul 29, 201947Oct 2, 201970Jan 13, 2020117
-9.63%Oct 14, 202013Oct 30, 20204Nov 5, 202017

Volatility

Volatility Chart

The current Alger Mid Cap Focus Fund new volatility is 5.45%, 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%3.00%4.00%5.00%6.00%7.00%8.00%OctoberNovemberDecember2024FebruaryMarch
5.45%
2.80%
AFOIX (Alger Mid Cap Focus Fund new)
Benchmark (^GSPC)