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.
Fund Info
| ISIN | US0155446042 |
|---|---|
| Issuer | Alger |
| Inception Date | May 3, 1993 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $500,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
AMGOX features an expense ratio of 0.92%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
Alger Mid Cap Growth Portfolio Fund had a return of 7.30% year-to-date (YTD) and 9.05% in the last 12 months. Over the past 10 years, Alger Mid Cap Growth Portfolio Fund had an annualized return of 8.60%, while the S&P 500 had an annualized return of 10.58%, indicating that Alger Mid Cap Growth Portfolio Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.30% | 13.20% |
| 1 month | -0.77% | -1.28% |
| 6 months | 6.17% | 10.32% |
| 1 year | 9.05% | 18.23% |
| 5 years (annualized) | 7.31% | 12.31% |
| 10 years (annualized) | 8.60% | 10.58% |
Monthly Returns
The table below presents the monthly returns of AMGOX, 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 | 1.25% | 8.79% | 1.94% | -5.34% | 2.35% | -0.44% | 7.30% | ||||||
| 2023 | 7.89% | -1.29% | 2.75% | 0.20% | 0.47% | 8.03% | 2.03% | -3.19% | -5.16% | -6.56% | 10.60% | 6.92% | 23.17% |
| 2022 | -15.71% | 1.22% | -0.79% | -15.01% | -2.68% | -8.40% | 11.55% | -2.64% | -9.41% | 4.77% | 2.65% | -6.32% | -36.43% |
| 2021 | 2.50% | 3.52% | -3.88% | 4.13% | -3.88% | 5.98% | -0.36% | 5.14% | -2.92% | 5.55% | -7.31% | -1.60% | 5.92% |
| 2020 | 3.22% | -4.83% | -13.50% | 15.98% | 11.40% | 3.97% | 9.69% | 6.05% | 3.39% | -1.54% | 14.54% | 6.43% | 64.79% |
| 2019 | 12.58% | 6.00% | 0.99% | 3.40% | -3.94% | 7.09% | 3.27% | -1.78% | -5.07% | 0.54% | 4.08% | 0.84% | 30.24% |
| 2018 | 5.08% | -3.50% | 0.20% | -0.43% | 6.09% | 1.27% | 0.33% | 8.73% | 0.30% | -13.19% | -1.20% | -9.23% | -7.42% |
| 2017 | 5.79% | 3.21% | 1.02% | 1.70% | 3.12% | 0.17% | 1.88% | 1.81% | 1.69% | 3.61% | 2.32% | -2.08% | 26.90% |
| 2016 | -9.94% | -0.51% | 6.47% | -0.54% | 2.05% | -0.64% | 4.32% | -0.10% | 1.18% | -4.55% | 2.86% | 1.39% | 0.97% |
| 2015 | -2.07% | 7.57% | 1.82% | -2.12% | 3.41% | -0.51% | 0.42% | -7.58% | -5.94% | 5.46% | 0.76% | -1.76% | -1.56% |
| 2014 | -1.74% | 6.71% | -2.65% | -3.36% | 2.93% | 4.45% | -2.36% | 5.21% | -3.30% | 0.52% | 1.49% | 0.51% | 8.01% |
| 2013 | 6.35% | 1.25% | 3.02% | 0.60% | 2.98% | -1.48% | 6.52% | -1.47% | 4.47% | 2.74% | 2.78% | 3.64% | 35.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AMGOX is 18, indicating that it is in the bottom 18% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Mid Cap Growth Portfolio Fund (AMGOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Alger Mid Cap Growth Portfolio Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.51 | $12.23 | $4.03 | $2.74 | $3.63 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
Dividend yield | 0.00% | 0.00% | 3.72% | 54.88% | 12.13% | 12.09% | 18.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.30% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $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 | $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 | $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 | $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 | $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 | $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 | $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 | $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 | $0.00 |
| 2013 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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 25.86%.
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 |
Volatility
Volatility Chart
The current Alger Mid Cap Growth Portfolio Fund volatility is 5.16%, 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.