Alger Capital Appreciation Portfolio (ALVOX)
The investment seeks long-term capital appreciation. Under normal market circumstances, the fund invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes demonstrate promising growth potential. The fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, and health care sectors.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Alger Capital Appreciation Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $77,748 for a total return of roughly 677.48%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Alger Capital Appreciation Portfolio had a return of 10.54% year-to-date (YTD) and -19.18% in the last 12 months. Over the past 10 years, Alger Capital Appreciation Portfolio had an annualized return of 12.30%, outperforming the S&P 500 benchmark which had an annualized return of 9.84%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.09% | -1.87% |
| Year-To-Date | 10.54% | 4.25% |
| 6 months | 0.23% | 2.64% |
| 1 year | -19.18% | -10.31% |
| 5 years (annualized) | 8.18% | 8.18% |
| 10 years (annualized) | 12.30% | 9.84% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 9.06% | -1.76% | ||||||||||
| 2022 | -9.80% | 3.87% | 3.44% | -7.99% |
Dividend History
Alger Capital Appreciation Portfolio granted a 8.90% dividend yield in the last twelve months. The annual payout for that period amounted to $5.38 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.38 | $5.38 | $24.62 | $14.63 | $9.87 | $14.70 | $5.34 | $0.66 | $8.43 | $12.21 | $8.63 | $0.62 |
Dividend yield | 8.90% | 9.84% | 28.34% | 20.31% | 19.43% | 38.67% | 14.06% | 2.27% | 29.22% | 45.05% | 36.36% | 3.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Capital Appreciation Portfolio. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $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 | $5.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $24.62 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.63 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9.87 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.70 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.34 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.43 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $12.21 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.63 |
| 2012 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Alger Capital Appreciation Portfolio. 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 Capital Appreciation Portfolio is 55.11%, recorded on Nov 20, 2008. It took 610 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.11% | Nov 7, 2007 | 263 | Nov 20, 2008 | 610 | Apr 26, 2011 | 873 |
| -41.01% | Nov 17, 2021 | 279 | Dec 28, 2022 | — | — | — |
| -29.89% | May 15, 2002 | 190 | Feb 13, 2003 | 225 | Jan 6, 2004 | 415 |
| -29.62% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -21.7% | Oct 2, 2018 | 58 | Dec 24, 2018 | 81 | Apr 23, 2019 | 139 |
| -21.01% | May 2, 2011 | 108 | Oct 3, 2011 | 94 | Feb 16, 2012 | 202 |
| -18.22% | Apr 6, 2004 | 89 | Aug 12, 2004 | 95 | Dec 28, 2004 | 184 |
| -17.98% | Jul 21, 2015 | 143 | Feb 11, 2016 | 238 | Jan 24, 2017 | 381 |
| -13.37% | Apr 20, 2006 | 38 | Jun 13, 2006 | 83 | Oct 10, 2006 | 121 |
| -11.08% | Sep 3, 2020 | 14 | Sep 23, 2020 | 48 | Dec 1, 2020 | 62 |
Volatility Chart
Current Alger Capital Appreciation Portfolio volatility is 27.60%. 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.