Alger Small Cap Growth Fund (ALSCX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Alger Small Cap Growth Fund (ALSCX) is up 17.6% since the beginning of the year. ALSCX is currently trading at $9 per share. Investors who bought $1,000 worth of ALSCX shares 5 years ago would now be looking at an investment worth $937.

Alger Small Cap Growth Fund (ALSCX) has returned 17.63% so far this year and 37.96% over the past 12 months. Over the last ten years, ALSCX has returned 11.02% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jun 20, 1996, ALSCX's average daily return is +0.03%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.

Historically, 57% of months were positive and 43% were negative. The best month was Feb 2000 with a return of +19.8%, while the worst month was Dec 2015 at -27.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 8 months.

On a daily basis, ALSCX closed higher 51% of trading days. The best single day was Dec 15, 2021 with a return of +15.8%, while the worst single day was Dec 16, 2015 at -23.2%.

Alger Small Cap Growth Fund has an annualized alpha of -4.03%, beta of 1.08, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since June 20, 1996.

• This fund participated in 127.82% of S&P 500 Index downside but only 109.12% of its upside - more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -4.03% versus S&P 500 Index - delivering less than market exposure alone would predict.
• With beta of 1.08 and R2 of 0.65, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

ALSCX has a high expense ratio of 1.96%, indicating above-average management fees.

ALSCX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Alger Small Cap Growth Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

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.

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.

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 76.39%, occurring on Oct 9, 2002. Recovery took 4440 trading sessions.

The current Alger Small Cap Growth Fund drawdown is 17.24%.

The chart below shows the rolling one-month volatility.