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Alger Growth & Income Fund (ALBAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US0155658315

CUSIP

015565831

Issuer

Alger

Inception Date

Dec 31, 1996

Min. Investment

$1,000

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

ALBAX has a high expense ratio of 0.98%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Alger Growth & Income Fund (ALBAX) returned 2.70% year-to-date (YTD) and 12.28% over the past 12 months. Over the past 10 years, ALBAX delivered an annualized return of 12.35%, outperforming the S&P 500 benchmark at 11.17%.


ALBAX

YTD

2.70%

1M

6.88%

6M

1.49%

1Y

12.28%

3Y*

15.60%

5Y*

16.50%

10Y*

12.35%

^GSPC (Benchmark)

YTD

2.67%

1M

6.69%

6M

0.06%

1Y

12.65%

3Y*

15.68%

5Y*

15.00%

10Y*

11.17%

*Annualized

Monthly Returns

The table below presents the monthly returns of ALBAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.38%-1.81%-5.02%-1.32%5.29%2.52%2.70%
20241.21%3.60%3.01%-2.80%4.88%3.45%1.14%2.25%1.47%-1.02%3.71%-0.74%21.81%
20234.25%-2.90%3.58%2.44%0.39%5.27%3.21%-1.44%-4.21%-0.95%8.12%3.84%23.01%
2022-3.30%-3.41%3.02%-7.19%0.75%-6.99%6.98%-4.03%-8.63%7.61%6.51%-4.56%-14.12%
2021-0.26%2.17%4.91%4.85%1.27%2.02%3.20%2.95%-5.12%6.91%-0.39%5.18%30.79%
20200.16%-8.85%-12.15%12.22%4.22%2.23%4.80%6.79%-4.64%-2.49%11.39%3.64%15.22%
20195.68%2.71%1.90%4.18%-6.26%6.03%1.70%-0.60%2.21%2.59%3.08%3.02%28.92%
20184.91%-3.83%-3.16%-0.53%2.24%0.51%4.20%3.03%0.39%-5.69%1.96%-7.94%-4.72%
20171.79%3.89%0.22%1.37%1.54%0.28%1.22%0.60%1.80%2.08%3.07%1.11%20.66%
2016-5.02%-0.56%6.04%0.06%1.45%0.43%3.28%-0.42%0.15%-1.54%3.83%2.51%10.22%
2015-2.67%5.54%-1.54%0.63%1.76%-1.93%1.38%-5.95%-2.24%7.85%0.15%-1.01%1.24%
2014-4.14%4.21%1.32%0.64%2.17%2.04%-1.11%3.54%-0.90%1.94%2.83%-0.62%12.28%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALBAX is 52, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ALBAX is 5252
Overall Rank
The Sharpe Ratio Rank of ALBAX is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of ALBAX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of ALBAX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of ALBAX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of ALBAX is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Alger Growth & Income Fund (ALBAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Alger Growth & Income Fund Sharpe ratios as of Jun 11, 2025 (values are recalculated daily):

  • 1-Year: 0.68
  • 5-Year: 1.03
  • 10-Year: 0.71
  • All Time: 0.61

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Alger Growth & Income Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Alger Growth & Income Fund provided a 0.85% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.50$1.00$1.50$2.00$2.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.67$0.83$0.83$0.66$2.60$1.27$2.22$2.45$1.11$0.54$1.54$1.67

Dividend yield

0.85%1.08%1.29%1.24%4.17%2.55%5.00%6.75%2.74%1.56%4.82%5.06%

Monthly Dividends

The table displays the monthly dividend distributions for Alger Growth & Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.16$0.00$0.00$0.00$0.16
2024$0.00$0.00$0.14$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.00$0.31$0.83
2023$0.00$0.00$0.15$0.00$0.00$0.21$0.00$0.00$0.20$0.00$0.00$0.27$0.83
2022$0.00$0.00$0.12$0.00$0.00$0.14$0.00$0.00$0.17$0.00$0.00$0.24$0.66
2021$0.00$0.00$0.11$0.00$0.00$0.15$0.00$0.00$0.13$0.00$0.00$2.21$2.60
2020$0.00$0.00$0.14$0.00$0.00$0.17$0.00$0.00$0.14$0.00$0.00$0.83$1.27
2019$0.00$0.00$0.11$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.00$1.79$2.22
2018$0.00$0.00$0.10$0.00$0.00$0.16$0.00$0.00$0.15$0.00$0.00$2.04$2.45
2017$0.00$0.00$0.10$0.00$0.00$0.11$0.00$0.00$0.12$0.00$0.00$0.79$1.11
2016$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.19$0.54
2015$0.00$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$1.20$1.54
2014$0.18$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$1.25$1.67

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Growth & Income Fund. 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 Fund was 40.56%, occurring on Nov 20, 2008. Recovery took 611 trading sessions.

The current Alger Growth & Income Fund drawdown is 1.61%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.56%Oct 30, 2007268Nov 20, 2008611Apr 27, 2011879
-34.26%Feb 13, 202027Mar 23, 2020106Aug 21, 2020133
-32.58%Mar 27, 2000720Feb 12, 2003731Jan 9, 20061451
-22.06%Jan 5, 2022194Oct 12, 2022199Jul 31, 2023393
-18.32%Jul 21, 199858Oct 8, 199850Dec 17, 1998108
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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