Alger Growth & Income Portfolio (AIGOX)
The fund invests primarily in equity securities such as common or preferred stocks which the advisor believes offer opportunities for capital appreciation and which also pay dividends. It is a fundamental policy of the fund to invest at least 65% of its total assets in dividend paying equity securities. The fund may invest up to 35% of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements.
Fund Info
US0155443072
Nov 15, 1988
$500,000
Large-Cap
Blend
Expense Ratio
AIGOX features an expense ratio of 0.86%, 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 Growth & Income Portfolio, 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 Growth & Income Portfolio had a return of 22.15% year-to-date (YTD) and 22.28% in the last 12 months. Over the past 10 years, Alger Growth & Income Portfolio had an annualized return of 8.86%, while the S&P 500 had an annualized return of 11.01%, indicating that Alger Growth & Income Portfolio did not perform as well as the benchmark.
AIGOX
22.15%
0.64%
5.68%
22.28%
10.46%
8.86%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of AIGOX, 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 | 1.35% | 3.82% | 3.21% | -2.96% | 5.13% | 3.57% | 1.21% | 2.33% | 1.45% | -1.16% | 3.91% | 22.15% | |
| 2023 | 4.46% | -3.07% | 3.78% | 2.49% | 0.40% | 5.48% | 3.28% | -1.63% | -4.42% | -0.95% | 8.56% | 0.99% | 20.28% |
| 2022 | -3.42% | -3.61% | 3.13% | -7.64% | 0.84% | -7.53% | 7.33% | -4.22% | -9.03% | 8.05% | 7.00% | -11.20% | -20.61% |
| 2021 | -0.29% | 2.22% | 4.95% | 4.93% | 1.32% | 2.06% | 3.27% | 3.10% | -5.28% | 7.22% | -0.49% | -1.76% | 22.71% |
| 2020 | 0.23% | -8.88% | -12.31% | 12.08% | 4.14% | 2.22% | 4.79% | 6.71% | -4.61% | -2.48% | 11.44% | 3.23% | 14.36% |
| 2019 | 5.67% | 2.76% | 1.93% | 4.70% | -6.31% | 6.02% | 1.70% | -0.60% | 2.18% | 2.62% | 3.04% | -5.83% | 18.38% |
| 2018 | 5.00% | -3.90% | -3.15% | -0.54% | 2.26% | 0.52% | 4.18% | 3.00% | 0.43% | -5.63% | 1.94% | -13.48% | -10.40% |
| 2017 | 1.82% | 4.02% | 0.32% | 1.40% | 1.59% | 0.23% | 1.25% | 0.62% | 1.85% | 2.17% | 3.11% | 1.17% | 21.33% |
| 2016 | -4.98% | -0.58% | 6.10% | 0.06% | 1.42% | 0.46% | 3.22% | -0.47% | 0.21% | -1.54% | 3.85% | 2.48% | 10.23% |
| 2015 | -2.75% | 5.72% | -1.55% | 0.67% | 1.80% | -2.01% | 1.45% | -6.09% | -2.30% | 7.71% | 0.12% | -1.03% | 0.99% |
| 2014 | -4.04% | 4.13% | 1.30% | 0.74% | 2.26% | 2.05% | -1.09% | 3.62% | -0.97% | 1.90% | 2.92% | -0.65% | 12.54% |
| 2013 | 5.14% | 1.63% | 3.56% | 2.33% | 1.60% | -1.49% | 4.20% | -3.00% | 2.89% | 4.79% | 2.53% | 2.61% | 29.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, AIGOX is among the top 21% 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 Growth & Income Portfolio (AIGOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Alger Growth & Income Portfolio provided a 0.89% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.36 | $0.37 | $0.32 | $0.30 | $0.34 | $0.36 | $0.30 | $0.31 | $0.28 | $0.34 | $0.27 |
Dividend yield | 0.89% | 1.30% | 1.60% | 1.10% | 1.23% | 1.59% | 1.92% | 1.42% | 1.73% | 1.72% | 2.09% | 1.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Growth & Income Portfolio. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.30 |
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.13 | $0.36 |
| 2022 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.32 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.30 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.36 |
| 2017 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.30 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.31 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.28 |
| 2014 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.34 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.27 |
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 Growth & Income Portfolio. 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 Growth & Income Portfolio was 54.59%, occurring on Mar 9, 2009. Recovery took 774 trading sessions.
The current Alger Growth & Income Portfolio drawdown is 3.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.59% | Nov 1, 2007 | 338 | Mar 9, 2009 | 774 | Apr 2, 2012 | 1112 |
| -36.27% | Dec 18, 2019 | 65 | Mar 23, 2020 | 161 | Nov 9, 2020 | 226 |
| -31.32% | May 20, 2002 | 203 | Mar 11, 2003 | 213 | Jan 14, 2004 | 416 |
| -27.16% | Dec 13, 2021 | 210 | Oct 12, 2022 | 399 | May 15, 2024 | 609 |
| -22.32% | Sep 24, 2018 | 64 | Dec 24, 2018 | 211 | Oct 25, 2019 | 275 |
Volatility
Volatility Chart
The current Alger Growth & Income Portfolio volatility is 3.89%, 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.