Alger Mid Cap Growth Portfolio Fund (AMGOX)

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The chart shows the growth of an initial investment of $10,000 in Alger Mid Cap Growth Portfolio Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Alger Mid Cap Growth Portfolio Fund (AMGOX) has returned -11.96% so far this year and 14.53% over the past 12 months. Over the last ten years, AMGOX has returned 10.59% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 30, 1993, AMGOX's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, your investment would double in approximately 6.0 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2001 with a return of +16.0%, while the worst month was Oct 2008 at -25.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, AMGOX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +58.0%, while the worst single day was Dec 16, 2021 at -36.7%.

Alger Mid Cap Growth Portfolio Fund has an annualized alpha of 2.10%, beta of 1.10, and R² of 0.58 versus S&P 500 Index. Calculated based on daily prices since May 04, 1993.

• This fund captured 119.92% of S&P 500 Index gains and 112.38% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.10% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.10 and R² of 0.58, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

AMGOX has an expense ratio of 0.92%, placing it in the medium range.

AMGOX ranks 21 for risk / return — below 21% 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.

The table below present risk-adjusted performance metrics for Alger Mid Cap Growth Portfolio Fund (AMGOX) and compare them to a chosen benchmark (S&P 500 Index).

Alger Mid Cap Growth Portfolio 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 Mid Cap Growth Portfolio 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 Mid Cap Growth Portfolio 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 Mid Cap Growth Portfolio Fund was 68.10%, occurring on Nov 20, 2008. Recovery took 1235 trading sessions.

The current Alger Mid Cap Growth Portfolio Fund drawdown is 34.80%.

The chart below shows the rolling one-month volatility.