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Alger Focus Equity Fund (ALGRX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0155703020
CUSIP015570302
IssuerAlger
Inception DateNov 8, 1993
CategoryLarge Cap Growth Equities
Min. Investment$0
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

ALGRX has a high expense ratio of 0.89%, indicating higher-than-average management fees.


Expense ratio chart for ALGRX: current value at 0.89% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.89%

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.


Alger Focus Equity Fund

Performance

Performance Chart

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


500.00%600.00%700.00%800.00%900.00%1,000.00%1,100.00%December2024FebruaryMarchAprilMay
1,071.43%
658.58%
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Alger Focus Equity Fund had a return of 21.71% year-to-date (YTD) and 44.18% in the last 12 months. Over the past 10 years, Alger Focus Equity Fund had an annualized return of 15.69%, outperforming the S&P 500 benchmark which had an annualized return of 10.87%.


PeriodReturnBenchmark
Year-To-Date21.71%11.56%
1 month11.61%7.13%
6 months27.01%17.26%
1 year44.18%26.92%
5 years (annualized)17.91%13.56%
10 years (annualized)15.69%10.87%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.24%8.32%2.27%-3.92%21.71%
20239.00%-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%
20203.56%-5.86%-8.34%15.35%7.92%4.84%7.99%9.73%-3.93%-2.82%10.14%2.60%45.82%
20198.48%3.97%2.61%5.41%-6.63%6.92%1.60%-0.88%-1.57%3.10%4.47%2.98%33.93%
20188.55%-1.79%-2.18%2.08%4.73%1.06%1.56%5.04%0.45%-9.64%1.67%-8.58%1.39%
20175.33%3.51%1.92%2.88%3.48%-0.45%3.55%2.22%0.03%4.90%1.98%0.27%33.76%
2016-7.76%-1.08%6.18%-1.80%3.62%-2.40%5.17%-0.25%1.64%-2.75%0.67%0.62%1.08%
2015-1.89%6.09%0.89%-0.33%3.31%-0.41%2.00%-7.00%-3.87%8.36%1.57%-2.03%5.88%
2014-2.30%5.54%-2.72%-0.85%3.37%2.63%-0.38%5.10%-0.77%0.82%3.35%-0.18%14.02%
20135.10%0.45%3.03%0.00%3.19%-1.94%6.61%-1.04%4.57%4.87%2.94%3.63%35.85%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ALGRX is 87, placing it in the top 13% 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 ALGRX is 8787
ALGRX (Alger Focus Equity Fund)
The Sharpe Ratio Rank of ALGRX is 9292Sharpe Ratio Rank
The Sortino Ratio Rank of ALGRX is 8888Sortino Ratio Rank
The Omega Ratio Rank of ALGRX is 8888Omega Ratio Rank
The Calmar Ratio Rank of ALGRX is 7474Calmar Ratio Rank
The Martin Ratio Rank of ALGRX is 9090Martin 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 Focus Equity Fund (ALGRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALGRX
Sharpe ratio
The chart of Sharpe ratio for ALGRX, currently valued at 2.62, compared to the broader market-1.000.001.002.003.004.002.62
Sortino ratio
The chart of Sortino ratio for ALGRX, currently valued at 3.52, compared to the broader market-2.000.002.004.006.008.0010.0012.003.52
Omega ratio
The chart of Omega ratio for ALGRX, currently valued at 1.45, compared to the broader market1.002.003.001.45
Calmar ratio
The chart of Calmar ratio for ALGRX, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ALGRX, currently valued at 12.26, compared to the broader market0.0020.0040.0060.0080.0012.26
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market-1.000.001.002.003.004.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market-2.000.002.004.006.008.0010.0012.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market1.002.003.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.002.004.006.008.0010.0012.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market0.0020.0040.0060.0080.008.93

Sharpe Ratio

The current Alger Focus Equity Fund Sharpe ratio is 2.62. 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 Focus Equity 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 Ratio1.001.502.002.503.003.50December2024FebruaryMarchAprilMay
2.62
2.34
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Alger Focus Equity Fund granted a 0.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.05 per share.


PeriodTTM2023202220212020201920182017
Dividend$0.05$0.05$0.02$7.96$3.39$0.83$1.62$1.23

Dividend yield

0.08%0.10%0.06%13.98%6.25%2.08%5.38%3.91%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$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
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.39$3.39
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.83$0.83
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.62$1.62
2017$1.23$1.23

Drawdowns

Drawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay00
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

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 62.22%, occurring on Nov 20, 2008. Recovery took 1252 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.22%Mar 27, 20002171Nov 20, 20081252Nov 13, 20133423
-43.57%Dec 16, 2021265Jan 5, 2023341May 15, 2024606
-29.39%Feb 20, 202023Mar 23, 202048Jun 1, 202071
-26.37%Jul 2, 199871Oct 8, 199852Dec 21, 1998123
-22.26%Sep 28, 201860Dec 24, 201881Apr 23, 2019141

Volatility

Volatility Chart

The current Alger Focus Equity Fund volatility is 4.84%, 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%3.00%4.00%5.00%6.00%7.00%December2024FebruaryMarchAprilMay
4.84%
3.10%
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)