Alger Capital Appreciation Institutional Fund (ALARX)
The investment seeks long-term capital appreciation. The fund normally invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the adviser believes demonstrate promising growth potential.
Fund Info
| ISIN | US0155704010 |
|---|---|
| CUSIP | 015570401 |
| Issuer | Alger |
| Inception Date | Nov 8, 1993 |
| Category | Large Cap Growth Equities |
| Expense Ratio | 1.12% |
| Minimum Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Trading Data
| Previous Close | $27.47 |
|---|---|
| Year Range | $24.60 - $36.52 |
| EMA (50) | $26.15 |
| EMA (200) | $28.28 |
ALARXShare Price Chart
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ALARXPerformance
The chart shows the growth of $10,000 invested in Alger Capital Appreciation Institutional Fund in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $42,740 for a total return of roughly 327.40%. All prices are adjusted for splits and dividends.
ALARXCompare to other instruments
ALARXReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| YTD | 9.49% | 6.02% |
| 1M | 10.19% | 6.30% |
| 6M | -4.75% | -0.05% |
| 1Y | -17.71% | -6.42% |
| 5Y | 6.88% | 7.22% |
| 10Y | 12.06% | 10.51% |
ALARXMonthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -11.14% | -3.17% | 1.64% | -14.57% | -3.44% | -8.71% | 12.34% | -4.26% | -9.87% | 3.84% | 3.33% | -7.85% |
| 2021 | -1.05% | 1.94% | 0.21% | 6.42% | -1.25% | 5.63% | 2.28% | 3.30% | -5.78% | 7.50% | -0.80% | -0.63% |
| 2020 | 3.36% | -6.03% | -8.68% | 14.60% | 6.76% | 4.70% | 7.78% | 9.94% | -4.13% | -3.10% | 9.85% | 3.00% |
| 2019 | 9.04% | 3.62% | 2.26% | 5.02% | -6.36% | 7.10% | 1.18% | -1.45% | -0.86% | 2.84% | 4.54% | 2.94% |
| 2018 | 8.48% | -2.22% | -3.05% | 1.44% | 4.52% | 0.65% | 2.22% | 4.45% | 0.66% | -9.75% | 1.88% | -8.55% |
| 2017 | 5.41% | 3.63% | 1.59% | 2.70% | 3.09% | -0.87% | 3.28% | 2.42% | -0.21% | 4.59% | 1.74% | 0.22% |
| 2016 | -7.10% | -1.99% | 6.39% | -1.09% | 2.72% | -1.73% | 5.15% | -0.56% | 1.34% | -2.58% | 0.08% | 0.53% |
| 2015 | -1.49% | 6.58% | 0.11% | -0.85% | 3.40% | -1.07% | 2.52% | -7.06% | -3.34% | 8.12% | 1.16% | -0.95% |
| 2014 | -2.14% | 5.54% | -2.33% | -1.01% | 3.43% | 3.13% | -0.74% | 4.59% | -1.43% | 1.28% | 3.31% | -0.36% |
| 2013 | 5.07% | 0.55% | 3.35% | 0.41% | 2.99% | -2.34% | 5.73% | -0.96% | 4.66% | 4.68% | 3.23% | 3.44% |
| 2012 | 6.84% | 5.98% | 3.04% | -0.78% | -6.87% | 3.10% | 1.32% | 3.24% | 2.35% | -2.68% | 1.18% | 0.86% |
| 2011 | 3.19% | 3.14% | 0.59% | 3.79% | -2.00% | -1.69% | -0.41% | -6.84% | -9.33% | 11.96% | -1.58% | -0.14% |
| 2010 | -7.08% | 3.75% | 5.95% | 0.11% | -7.76% | -6.31% | 6.31% | -4.74% | 10.66% | 4.39% | 1.35% | 5.99% |
ALARXDividend History
Alger Capital Appreciation Institutional Fund granted a 3.56% dividend yield in the last twelve months. The annual payout for that period amounted to $0.98 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.98 | $0.98 | $8.00 | $6.94 | $3.57 | $3.55 | $2.19 | $0.19 | $2.04 | $3.30 | $3.41 | $1.01 | $0.76 |
Dividend yield | 3.56% | 3.90% | 20.12% | 20.67% | 15.03% | 19.91% | 12.18% | 1.42% | 14.96% | 25.74% | 30.24% | 12.11% | 10.74% |
ALARXMonthly Dividends
The table displays the monthly dividend distributions for Alger Capital Appreciation Institutional Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.94 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.57 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.55 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.19 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.30 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.41 |
| 2012 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.01 |
| 2011 | $0.76 |
ALARXDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
ALARXWorst Drawdowns
The table below shows the maximum drawdowns of the Alger Capital Appreciation Institutional Fund. 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 Capital Appreciation Institutional Fund is 46.86%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.86% | Dec 16, 2021 | 260 | Dec 28, 2022 | — | — | — |
| -29.59% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -22.19% | Oct 2, 2018 | 58 | Dec 24, 2018 | 81 | Apr 23, 2019 | 139 |
| -21.43% | May 2, 2011 | 108 | Oct 3, 2011 | 98 | Feb 23, 2012 | 206 |
| -17.71% | Jul 21, 2015 | 143 | Feb 11, 2016 | 239 | Jan 24, 2017 | 382 |
| -17.55% | Apr 16, 2010 | 55 | Jul 2, 2010 | 87 | Nov 4, 2010 | 142 |
| -10.91% | Apr 4, 2012 | 41 | Jun 1, 2012 | 66 | Sep 6, 2012 | 107 |
| -10.15% | Sep 3, 2020 | 14 | Sep 23, 2020 | 46 | Nov 27, 2020 | 60 |
| -9.87% | Jan 29, 2018 | 9 | Feb 8, 2018 | 20 | Mar 9, 2018 | 29 |
| -9.85% | Sep 19, 2014 | 19 | Oct 15, 2014 | 24 | Nov 18, 2014 | 43 |
ALARXVolatility Chart
Current Alger Capital Appreciation Institutional Fund volatility is 20.29%. 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.