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
US0155655006
Nov 11, 1986
$1,000
Small-Cap
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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Compare to other instruments
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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 11.80% year-to-date (YTD) and 11.98% in the last 12 months. Over the past 10 years, Alger Small Cap Growth Fund had an annualized return of 0.54%, while the S&P 500 had an annualized return of 11.23%, indicating that Alger Small Cap Growth Fund did not perform as well as the benchmark.
ALSCX
11.80%
-3.74%
12.32%
11.98%
1.85%
0.54%
^GSPC (Benchmark)
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
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% | 3.09% | 2.10% | 3.23% | -3.13% | 11.58% | 11.80% | |
| 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% | -14.86% | -16.54% |
| 2020 | 2.91% | -4.61% | -9.50% | 18.59% | 12.48% | 4.65% | 7.64% | 2.06% | 1.35% | -1.66% | 12.95% | 6.08% | 62.69% |
| 2019 | 12.12% | 6.61% | -0.61% | 4.26% | -2.19% | 6.42% | 3.09% | -2.45% | -5.16% | -0.88% | 5.93% | -8.40% | 18.26% |
| 2018 | 4.84% | -2.98% | 2.00% | 1.51% | 7.72% | 2.07% | -0.00% | 13.36% | -0.95% | -13.46% | 0.28% | -23.41% | -13.59% |
| 2017 | 2.94% | 3.80% | 1.10% | 1.27% | 3.40% | 1.38% | 0.51% | 1.70% | 4.17% | 2.88% | 2.49% | -2.74% | 25.24% |
| 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% | 4.79% | -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 37, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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
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.
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 91.80%, occurring on Oct 9, 2002. The portfolio has not yet recovered.
The current Alger Small Cap Growth Fund drawdown is 74.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -91.8% | 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 6.31%, 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.