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Alger Growth & Income Portfolio (AIGOX)

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

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.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Alger Growth & Income Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $52,482 for a total return of roughly 424.82%. All prices are adjusted for splits and dividends.


250.00%300.00%350.00%400.00%NovemberDecember2023FebruaryMarch
424.82%
273.71%
AIGOX (Alger Growth & Income Portfolio)
Benchmark (^GSPC)

S&P 500

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Alger Growth & Income Portfolio

Return

Alger Growth & Income Portfolio had a return of 5.08% year-to-date (YTD) and -8.52% in the last 12 months. Over the past 10 years, Alger Growth & Income Portfolio had an annualized return of 11.56%, outperforming the S&P 500 benchmark which had an annualized return of 10.16%.


PeriodReturnBenchmark
1 month3.78%3.51%
Year-To-Date5.08%7.03%
6 months13.50%12.88%
1 year-8.52%-10.71%
5 years (annualized)11.28%9.25%
10 years (annualized)11.56%10.16%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20234.46%-3.07%
2022-9.03%8.05%7.00%-5.09%

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 Growth & Income Portfolio Sharpe ratio is -0.39. 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.


-0.80-0.60-0.40-0.20NovemberDecember2023FebruaryMarch
-0.39
-0.46
AIGOX (Alger Growth & Income Portfolio)
Benchmark (^GSPC)

Dividend History

Alger Growth & Income Portfolio granted a 9.05% dividend yield in the last twelve months. The annual payout for that period amounted to $2.18 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$2.18$2.02$2.46$0.40$2.34$1.56$0.30$0.31$0.28$0.34$0.27$0.39

Dividend yield

9.05%8.82%9.09%1.97%13.12%11.33%2.06%2.56%2.59%3.19%2.79%5.27%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.07$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$1.78
2021$0.00$0.00$0.07$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$2.24
2020$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.20
2019$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$2.11
2018$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.00$1.31
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
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
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
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
2013$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.08
2012$0.17$0.05$0.00$0.00$0.05$0.00$0.00$0.12

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-11.41%
-14.33%
AIGOX (Alger Growth & Income Portfolio)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alger Growth & Income Portfolio. 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 Growth & Income Portfolio is 54.61%, recorded on Mar 9, 2009. It took 774 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.61%Nov 1, 2007338Mar 9, 2009774Apr 2, 20121112
-34.18%Feb 13, 202027Mar 23, 2020107Aug 24, 2020134
-31.32%May 20, 2002203Mar 11, 2003213Jan 14, 2004416
-23.3%Jan 5, 2022194Oct 12, 2022
-17.3%Sep 24, 201864Dec 24, 201878Apr 17, 2019142
-13.64%Jul 21, 2015143Feb 11, 2016104Jul 12, 2016247
-13.16%Apr 20, 200638Jun 13, 2006102Nov 7, 2006140
-11.78%Jan 27, 2004139Aug 13, 200476Dec 1, 2004215
-10.63%Jan 29, 201844Apr 2, 2018103Aug 27, 2018147
-9.18%Jul 16, 200724Aug 16, 200729Sep 27, 200753

Volatility Chart

Current Alger Growth & Income Portfolio volatility is 13.74%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2023FebruaryMarch
13.74%
15.42%
AIGOX (Alger Growth & Income Portfolio)
Benchmark (^GSPC)