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Alger Focus Equity Fund (ALGRX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

The investment seeks long-term capital appreciation. The advisor intends to invest a substantial portion of its assets in a small number of issuers, and may focus its portfolio in fewer business sectors or industries. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally exceed this number for a variety of reasons. The fund may engage in active trading of portfolio securities.

Share Price Chart

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The chart shows the growth of $10,000 invested in Alger Focus Equity Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $72,993 for a total return of roughly 629.93%. All prices are adjusted for splits and dividends.

ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

S&P 500

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Alger Focus Equity Fund


Alger Focus Equity Fund had a return of 9.35% year-to-date (YTD) and -19.42% in the last 12 months. Over the past 10 years, Alger Focus Equity Fund had an annualized return of 13.17%, outperforming the S&P 500 benchmark which had an annualized return of 9.86%.

1 month-0.60%-3.13%
6 months-0.79%2.02%
1 year-19.42%-11.46%
5 years (annualized)8.87%7.79%
10 years (annualized)13.17%9.86%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Alger Focus Equity Fund Sharpe ratio is -0.59. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

Dividend History

Alger Focus Equity Fund granted a 0.06% dividend yield in the last twelve months. The annual payout for that period amounted to $0.02 per share.


Dividend yield


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.


Drawdowns Chart

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

ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alger Focus Equity 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 Focus Equity Fund is 62.22%, recorded on Nov 20, 2008. It took 1252 trading sessions for the portfolio to recover.



To Bottom


To Recover



-62.22%Mar 27, 20002171Nov 20, 20081252Nov 13, 20133423
-43.57%Dec 16, 2021265Jan 5, 2023
-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
-19.03%Jul 21, 2015140Feb 8, 2016242Jan 24, 2017382
-13.47%Oct 10, 199712Oct 27, 199785Feb 23, 199897
-13.31%Apr 13, 199931May 25, 199931Jul 7, 199962
-12.6%Jul 19, 199966Oct 18, 199917Nov 10, 199983
-11.84%Jun 23, 19974Jun 26, 199762Sep 22, 199766

Volatility Chart

Current Alger Focus Equity Fund volatility is 27.56%. 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.

ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)