PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Alger Growth & Income Fund (ALBAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0155658315
CUSIP015565831
IssuerAlger
Inception DateDec 31, 1996
CategoryLarge Cap Blend Equities
Min. Investment$1,000
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

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


Expense ratio chart for ALBAX: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%

Share Price Chart


Loading data...

Compare to other instruments

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


Alger Growth & Income Fund

Popular comparisons: ALBAX vs. PMYYX, ALBAX vs. JDESX, ALBAX vs. MIGFX, ALBAX vs. CMNWX, ALBAX vs. VOO, ALBAX vs. MRGAX, ALBAX vs. NSEPX, ALBAX vs. SLVRX, ALBAX vs. AWSHX, ALBAX vs. AMCPX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alger Growth & Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


400.00%500.00%600.00%700.00%800.00%900.00%December2024FebruaryMarchAprilMay
870.42%
504.14%
ALBAX (Alger Growth & Income Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Alger Growth & Income Fund had a return of 11.47% year-to-date (YTD) and 27.10% in the last 12 months. Over the past 10 years, Alger Growth & Income Fund had an annualized return of 12.37%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.


PeriodReturnBenchmark
Year-To-Date11.47%11.29%
1 month7.52%6.86%
6 months16.09%16.73%
1 year27.10%26.63%
5 years (annualized)15.37%13.23%
10 years (annualized)12.37%10.84%

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
20241.21%3.60%3.01%-2.80%11.47%
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%-6.27%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%
20135.09%1.64%3.49%2.27%1.57%-1.49%4.09%-3.06%2.88%4.70%2.50%2.61%29.32%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ALBAX is 89, placing it in the top 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALBAX is 8989
ALBAX (Alger Growth & Income Fund)
The Sharpe Ratio Rank of ALBAX is 8989Sharpe Ratio Rank
The Sortino Ratio Rank of ALBAX is 8787Sortino Ratio Rank
The Omega Ratio Rank of ALBAX is 8686Omega Ratio Rank
The Calmar Ratio Rank of ALBAX is 9595Calmar Ratio Rank
The Martin Ratio Rank of ALBAX is 8989Martin 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.


ALBAX
Sharpe ratio
The chart of Sharpe ratio for ALBAX, currently valued at 2.50, compared to the broader market-1.000.001.002.003.004.002.50
Sortino ratio
The chart of Sortino ratio for ALBAX, currently valued at 3.50, compared to the broader market-2.000.002.004.006.008.0010.0012.003.50
Omega ratio
The chart of Omega ratio for ALBAX, currently valued at 1.44, compared to the broader market1.002.003.001.44
Calmar ratio
The chart of Calmar ratio for ALBAX, currently valued at 2.88, compared to the broader market0.002.004.006.008.0010.0012.0014.002.88
Martin ratio
The chart of Martin ratio for ALBAX, currently valued at 11.65, compared to the broader market0.0020.0040.0060.0080.0011.65
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.30, compared to the broader market-1.000.001.002.003.004.002.30
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.26, compared to the broader market-2.000.002.004.006.008.0010.0012.003.26
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.40, compared to the broader market1.002.003.001.40
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.86, compared to the broader market0.002.004.006.008.0010.0012.0014.001.86
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.76, compared to the broader market0.0020.0040.0060.0080.008.76

Sharpe Ratio

The current Alger Growth & Income Fund Sharpe ratio is 2.50. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Alger Growth & Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.50
2.30
ALBAX (Alger Growth & Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Alger Growth & Income Fund granted a 1.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.82 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.82$0.83$0.66$2.60$1.27$2.22$2.45$1.11$0.54$1.54$1.67$0.49

Dividend yield

1.14%1.29%1.24%4.17%2.55%5.00%6.75%2.74%1.56%4.82%5.06%1.60%

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
2024$0.00$0.00$0.14$0.00$0.00$0.14
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$0.00$0.00$0.18$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$1.25$1.67
2013$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.21$0.49

Drawdowns

Drawdowns Chart

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2024FebruaryMarchAprilMay
-0.06%
0
ALBAX (Alger Growth & Income Fund)
Benchmark (^GSPC)

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 0.06%.


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
-20.27%Oct 10, 199754Dec 24, 1997138Jul 6, 1998192

Volatility

Volatility Chart

The current Alger Growth & Income Fund volatility is 3.11%, 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.


2.00%2.50%3.00%3.50%4.00%December2024FebruaryMarchAprilMay
3.11%
3.15%
ALBAX (Alger Growth & Income Fund)
Benchmark (^GSPC)