Alger Mid Cap Growth Portfolio Fund (AMGOX)
The investment seeks long-term capital appreciation. The advisor focuses on mid-sized companies that the advisor believes demonstrate promising growth potential. Under normal circumstances, it invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Alger Mid Cap Growth Portfolio Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $36,410 for a total return of roughly 264.10%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Alger Mid Cap Growth Portfolio Fund had a return of 4.31% year-to-date (YTD) and -17.46% in the last 12 months. Over the past 10 years, Alger Mid Cap Growth Portfolio Fund had an annualized return of 8.92%, while the S&P 500 had an annualized return of 9.63%, indicating that Alger Mid Cap Growth Portfolio Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -5.56% | -5.31% |
| Year-To-Date | 4.31% | 2.01% |
| 6 months | -4.06% | 0.39% |
| 1 year | -17.46% | -10.12% |
| 5 years (annualized) | 5.71% | 7.38% |
| 10 years (annualized) | 8.92% | 9.63% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 7.89% | -1.29% | ||||||||||
| 2022 | -9.41% | 4.77% | 2.65% | -6.32% |
Dividend History
Alger Mid Cap Growth Portfolio Fund granted a 3.56% dividend yield in the last twelve months. The annual payout for that period amounted to $0.51 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.51 | $12.23 | $4.03 | $2.74 | $3.63 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
Dividend yield | 3.56% | 3.72% | 56.82% | 19.84% | 22.24% | 38.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.73% |
Monthly Dividends
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.
| 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 | $0.51 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $12.23 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.03 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.74 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.63 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.06 |
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 Mid Cap Growth Portfolio Fund. 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 Mid Cap Growth Portfolio Fund is 68.10%, recorded on Nov 20, 2008. It took 1235 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.1% | Dec 27, 2007 | 229 | Nov 20, 2008 | 1235 | Oct 18, 2013 | 1464 |
| -46.22% | Nov 10, 2021 | 233 | Oct 14, 2022 | — | — | — |
| -33.8% | Feb 20, 2020 | 20 | Mar 18, 2020 | 51 | Jun 1, 2020 | 71 |
| -33.04% | May 15, 2002 | 101 | Oct 7, 2002 | 227 | Sep 2, 2003 | 328 |
| -30.7% | Apr 20, 2006 | 65 | Jul 21, 2006 | 239 | Jul 5, 2007 | 304 |
| -27.9% | Sep 5, 2018 | 77 | Dec 24, 2018 | 129 | Jul 1, 2019 | 206 |
| -27.85% | Jun 23, 2015 | 162 | Feb 11, 2016 | 303 | Apr 27, 2017 | 465 |
| -20.55% | Feb 16, 2021 | 62 | May 13, 2021 | 92 | Sep 23, 2021 | 154 |
| -19.04% | Jan 27, 2004 | 139 | Aug 13, 2004 | 73 | Nov 26, 2004 | 212 |
| -12.81% | Sep 3, 2014 | 29 | Oct 13, 2014 | 82 | Feb 10, 2015 | 111 |
Volatility Chart
Current Alger Mid Cap Growth Portfolio Fund volatility is 26.01%. 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.