Alger Small Cap Growth Fund (ALSCX)
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and (2) the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index.
Fund Info
| ISIN | US0155655006 |
|---|---|
| Issuer | Alger |
| Inception Date | Nov 11, 1986 |
| Category | Small Cap Growth Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
ALSCX has a high expense ratio of 1.96%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ALSCX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Alger Small Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Alger Small Cap Growth Fund had a return of 2.17% year-to-date (YTD) and 4.61% in the last 12 months. Over the past 10 years, Alger Small Cap Growth Fund had an annualized return of 2.76%, while the S&P 500 had an annualized return of 10.58%, indicating that Alger Small Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.17% | 13.20% |
| 1 month | 2.65% | -1.28% |
| 6 months | 5.62% | 10.32% |
| 1 year | 4.61% | 18.23% |
| 5 years (annualized) | 2.41% | 12.31% |
| 10 years (annualized) | 2.76% | 10.58% |
Monthly Returns
The table below presents the monthly returns of ALSCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.11% | 10.26% | 0.73% | -8.95% | 3.17% | -0.46% | 2.17% | ||||||
| 2023 | 9.93% | -3.61% | 0.17% | -1.36% | -1.21% | 6.46% | 4.10% | -3.46% | -6.69% | -7.17% | 9.42% | 10.84% | 16.25% |
| 2022 | -13.40% | -0.65% | -2.36% | -13.27% | -5.56% | -7.69% | 10.82% | -2.88% | -10.05% | 8.79% | 0.84% | -7.51% | -37.61% |
| 2021 | 4.70% | 2.96% | -5.49% | 4.15% | -5.31% | 7.30% | -1.13% | 0.88% | -3.85% | 3.73% | -8.59% | -1.40% | -3.35% |
| 2020 | 2.90% | -4.61% | -9.50% | 18.59% | 12.48% | 4.64% | 7.64% | 2.06% | 1.35% | -1.66% | 12.95% | 6.81% | 63.81% |
| 2019 | 12.12% | 6.61% | -0.60% | 4.26% | -2.19% | 6.42% | 3.08% | -2.45% | -5.16% | -0.88% | 5.94% | -0.77% | 28.12% |
| 2018 | 4.84% | -2.98% | 2.00% | 1.51% | 7.71% | 2.07% | -0.00% | 13.36% | -0.95% | -13.46% | 0.28% | -10.29% | 1.20% |
| 2017 | 2.94% | 3.80% | 1.10% | 1.27% | 3.40% | 1.38% | 0.51% | 1.70% | 4.17% | 2.89% | 2.49% | -2.73% | 25.25% |
| 2016 | -12.09% | -1.63% | 5.21% | 1.13% | 3.12% | 0.86% | 4.93% | 1.63% | 2.01% | -6.89% | 8.03% | 0.00% | 4.71% |
| 2015 | -1.63% | 6.94% | 1.41% | -3.76% | 2.75% | 1.27% | 0.69% | -7.86% | -5.54% | 4.12% | 1.83% | -27.06% | -27.60% |
| 2014 | -1.15% | 5.05% | -3.82% | -6.92% | 2.07% | 5.40% | -6.53% | 4.80% | -5.75% | 5.13% | 0.40% | -11.43% | -13.70% |
| 2013 | 6.50% | 0.83% | 3.85% | -1.59% | 3.63% | 0.13% | 7.65% | -1.93% | 5.65% | 0.81% | 2.08% | -11.75% | 15.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ALSCX is 8, indicating that it is in the bottom 8% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Small Cap Growth Fund (ALSCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Alger Small Cap Growth Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $1.34 | $0.07 | $0.54 | $0.94 |
Dividend yield | 0.00% | 0.00% | 0.00% | 15.11% | 0.67% | 8.26% | 17.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Small Cap Growth 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $0.00 | $0.00 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $1.34 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2018 | $0.94 | $0.94 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Alger Small Cap Growth 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 Small Cap Growth Fund was 88.97%, occurring on Oct 9, 2002. The portfolio has not yet recovered.
The current Alger Small Cap Growth Fund drawdown is 54.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -88.97% | Sep 5, 1995 | 1821 | Oct 9, 2002 | — | — | — |
| -76.26% | Feb 18, 1992 | 101 | Jul 7, 1992 | 304 | Sep 6, 1993 | 405 |
| -75.62% | Jul 5, 1990 | 74 | Oct 16, 1990 | 89 | Feb 18, 1991 | 163 |
| -71.87% | Feb 22, 1994 | 89 | Jun 24, 1994 | 171 | Feb 20, 1995 | 260 |
| -69.98% | Jan 2, 1990 | 21 | Jan 30, 1990 | 53 | Apr 13, 1990 | 74 |
Volatility
Volatility Chart
The current Alger Small Cap Growth Fund volatility is 5.91%, 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.