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.
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.
Compare to other instruments
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%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 3.78% | 3.51% |
| Year-To-Date | 5.08% | 7.03% |
| 6 months | 13.50% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 4.46% | -3.07% | ||||||||||
| 2022 | -9.03% | 8.05% | 7.00% | -5.09% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2007 | 338 | Mar 9, 2009 | 774 | Apr 2, 2012 | 1112 |
| -34.18% | Feb 13, 2020 | 27 | Mar 23, 2020 | 107 | Aug 24, 2020 | 134 |
| -31.32% | May 20, 2002 | 203 | Mar 11, 2003 | 213 | Jan 14, 2004 | 416 |
| -23.3% | Jan 5, 2022 | 194 | Oct 12, 2022 | — | — | — |
| -17.3% | Sep 24, 2018 | 64 | Dec 24, 2018 | 78 | Apr 17, 2019 | 142 |
| -13.64% | Jul 21, 2015 | 143 | Feb 11, 2016 | 104 | Jul 12, 2016 | 247 |
| -13.16% | Apr 20, 2006 | 38 | Jun 13, 2006 | 102 | Nov 7, 2006 | 140 |
| -11.78% | Jan 27, 2004 | 139 | Aug 13, 2004 | 76 | Dec 1, 2004 | 215 |
| -10.63% | Jan 29, 2018 | 44 | Apr 2, 2018 | 103 | Aug 27, 2018 | 147 |
| -9.18% | Jul 16, 2007 | 24 | Aug 16, 2007 | 29 | Sep 27, 2007 | 53 |
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.