- ISIN
- US0155703020
- CUSIP
- 015570302
- Issuer
- Alger
- Inception Date
- Nov 8, 1993
- Category
- Large Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
ALGRX Performance Chart
Alger Focus Equity Fund (ALGRX) is up 12.7% since the beginning of the year. ALGRX is currently trading at $116 per share. Investors who bought $1,000 worth of ALGRX shares 5 years ago would now be looking at an investment worth $2,338.
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Returns By Period
Alger Focus Equity Fund (ALGRX) has returned 12.65% so far this year and 38.78% over the past 12 months. Looking at the last ten years, ALGRX has achieved an annualized return of 21.93%, outperforming the S&P 500 Index benchmark, which averaged 13.91% per year.
Alger Focus Equity Fund
- 1D
- -0.46%
- 1M
- -0.68%
- YTD
- 12.65%
- 6M
- 10.23%
- 1Y
- 38.78%
- 3Y*
- 38.94%
- 5Y*
- 18.51%
- 10Y*
- 21.93%
Benchmark (S&P 500 Index)
- 1D
- -0.01%
- 1M
- -2.15%
- YTD
- 7.48%
- 6M
- 6.14%
- 1Y
- 20.77%
- 3Y*
- 19.34%
- 5Y*
- 11.44%
- 10Y*
- 13.91%
ALGRX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 1994, ALGRX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2026 with a return of +16.5%, while the worst month was Jul 1996 at -32.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, ALGRX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +14.4%, while the worst single day was Jul 3, 1996 at -26.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.46% | -3.64% | -4.56% | 16.48% | 10.50% | -3.42% | 12.65% | ||||||
| 2025 | 3.46% | -5.21% | -9.61% | 3.45% | 15.90% | 9.90% | 6.15% | 2.28% | 10.80% | 2.87% | -2.88% | -0.50% | 39.68% |
| 2024 | 5.24% | 8.32% | 2.27% | -3.92% | 8.31% | 6.26% | -3.23% | 3.39% | 5.37% | 1.40% | 10.62% | -0.45% | 51.77% |
| 2023 | 9.00% | -0.86% | 6.14% | 1.53% | 5.65% | 6.42% | 3.41% | -1.50% | -6.07% | -1.38% | 12.21% | 4.00% | 44.20% |
| 2022 | -10.52% | -3.10% | 1.09% | -13.84% | -2.93% | -8.67% | 12.30% | -4.20% | -9.97% | 3.76% | 3.13% | -7.69% | -35.94% |
| 2021 | -1.07% | 2.91% | 0.34% | 7.03% | -0.74% | 5.03% | 1.44% | 3.11% | -5.53% | 7.25% | -0.73% | 0.13% | 20.06% |
Benchmark Metrics
Alger Focus Equity Fund has an annualized alpha of 1.38%, beta of 1.07, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 03, 1994.
- This fund captured 117.26% of S&P 500 Index gains and 110.31% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.07 and R2 of 0.78, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.38%
- Beta
- 1.07
- R²
- 0.78
- Upside Capture
- 117.26%
- Downside Capture
- 110.31%
Expense Ratio
ALGRX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ALGRX ranks 42 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Alger Focus Equity Fund (ALGRX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALGRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.30 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 2.29 | -0.08 |
| Martin ratioReturn relative to average drawdown | 7.34 | 10.09 | -2.75 |
Dividends
Dividend History
Alger Focus Equity Fund provided a 6.96% dividend yield over the last twelve months, with an annual payout of $8.09 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.09 | $8.09 | $0.00 | $0.05 | $0.02 | $7.96 | $3.39 | $0.83 | $1.62 |
Dividend yield | 6.96% | 7.84% | 0.00% | 0.10% | 0.06% | 13.98% | 6.25% | 2.08% | 5.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Focus Equity 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.09 | $8.09 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.96 | $7.96 |
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 Focus Equity 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 Focus Equity Fund was 62.64%, occurring on Nov 20, 2008. Recovery took 1254 trading sessions.
The current Alger Focus Equity Fund drawdown is 4.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -62.64%Nov 2008 | 8y 8mo | 4y 12mo | 13y 7moMar 2000 - Nov 2013 |
2023 bear market2023 | -43.57%Jan 2023 | 1y 20d | 1y 4mo | 2y 5moDec 2021 - May 2024 |
1996 bear market1996 | -37.80%Jul 1996 | 1y 1mo | 1y 2mo | 2y 3moJun 1995 - Oct 1997 |
COVID crash2020 | -29.39%Mar 2020 | 1mo 2d | 2mo 10d | 3mo 12dFeb 2020 - Jun 2020 |
2025 selloff2025 | -26.96%Apr 2025 | 1mo 19d | 1mo 27d | 3mo 16dFeb 2025 - Jun 2025 |
Drawdown Indicators
| ALGRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.64% | -56.78% | -5.86% |
Max Drawdown (1Y)Largest decline over 1 year | -17.55% | -9.10% | -8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -26.96% | -18.90% | -8.06% |
Max Drawdown (5Y)Largest decline over 5 years | -43.57% | -25.43% | -18.14% |
Max Drawdown (10Y)Largest decline over 10 years | -43.57% | -33.92% | -9.65% |
Current DrawdownCurrent decline from peak | -4.69% | -3.32% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -18.77% | -10.71% | -8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.28% | 2.06% | +3.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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