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
| ISIN | US0155443072 |
|---|---|
| Issuer | Alger |
| Inception Date | Nov 15, 1988 |
| Category | Large Cap Blend Equities |
| Min. Investment | $500,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The Alger Growth & Income Portfolio has a high expense ratio of 0.86%, indicating higher-than-average management fees.
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 5.60% year-to-date (YTD) and 24.79% in the last 12 months. Over the past 10 years, Alger Growth & Income Portfolio had an annualized return of 12.06%, outperforming the S&P 500 benchmark which had an annualized return of 10.46%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.60% | 5.84% |
| 1 month | -1.70% | -2.98% |
| 6 months | 20.96% | 22.02% |
| 1 year | 24.79% | 24.47% |
| 5 years (annualized) | 13.48% | 11.44% |
| 10 years (annualized) | 12.06% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.35% | 3.82% | 3.21% | |||||||||
| 2023 | -4.42% | -0.95% | 8.56% | 4.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Alger Growth & Income Portfolio(AIGOX)
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 granted a 3.71% dividend yield in the last twelve months. The annual payout for that period amounted to $1.07 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.07 | $1.18 | $2.02 | $2.46 | $0.40 | $2.34 | $1.56 | $0.30 | $0.31 | $0.28 | $0.34 | $0.27 |
Dividend yield | 3.71% | 4.30% | 8.76% | 8.32% | 1.66% | 10.86% | 8.44% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | |||||||||
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.95 |
| 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 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 54.61%, occurring on Mar 9, 2009. Recovery took 774 trading sessions.
The current Alger Growth & Income Portfolio drawdown is 2.76%.
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 | 278 | Nov 20, 2023 | 472 |
| -17.3% | Sep 24, 2018 | 64 | Dec 24, 2018 | 78 | Apr 17, 2019 | 142 |
Volatility
Volatility Chart
The current Alger Growth & Income Portfolio volatility is 3.77%, 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.