Alger Small Cap Focus Fund (AOFIX)
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and (2) the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index. Both indexes are broad-based indexes of small capitalization stocks.
Fund Info
US0155654355
Mar 3, 2008
$0
Small-Cap
Growth
Expense Ratio
AOFIX has a high expense ratio of 1.14%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Alger Small Cap Focus Fund (AOFIX) returned -12.59% year-to-date (YTD) and -3.23% over the past 12 months. Over the past 10 years, AOFIX returned 5.52% annually, underperforming the S&P 500 benchmark at 10.84%.
AOFIX
-12.59%
3.63%
-18.13%
-3.23%
-0.21%
-4.98%
5.52%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of AOFIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.04% | -7.87% | -11.41% | -0.30% | 6.31% | -12.59% | |||||||
| 2024 | -0.84% | 6.12% | 2.72% | -8.11% | 2.26% | -1.94% | 3.27% | 1.09% | 1.94% | 0.16% | 14.87% | -6.73% | 13.76% |
| 2023 | 7.35% | -3.11% | -0.59% | 0.54% | -2.97% | 3.86% | 3.24% | -4.51% | -6.04% | -8.27% | 11.23% | 10.97% | 9.88% |
| 2022 | -15.75% | -0.41% | -1.42% | -16.20% | -3.44% | -7.25% | 11.10% | -1.40% | -8.38% | 7.79% | -2.52% | -4.71% | -37.62% |
| 2021 | 4.57% | -0.21% | -8.11% | 6.47% | -6.92% | 6.69% | 0.43% | 0.49% | -4.04% | 2.55% | -12.57% | -2.37% | -14.06% |
| 2020 | 4.16% | -5.04% | -10.62% | 15.79% | 13.22% | 4.33% | 6.34% | 1.77% | -2.21% | -0.41% | 11.40% | 7.97% | 53.29% |
| 2019 | 12.63% | 5.45% | -1.69% | 3.15% | -1.72% | 8.10% | 3.18% | -2.70% | -7.91% | -0.83% | 7.05% | -1.15% | 24.16% |
| 2018 | 6.24% | -1.90% | 2.99% | 2.72% | 10.43% | 2.30% | 0.57% | 16.23% | -0.54% | -13.23% | 1.14% | -10.18% | 14.16% |
| 2017 | 3.24% | 3.05% | 2.03% | 0.99% | 5.00% | 2.67% | -0.49% | 1.55% | 3.27% | 2.83% | 2.29% | -0.59% | 28.94% |
| 2016 | -12.22% | -1.33% | 4.25% | 1.99% | 5.46% | 2.31% | 5.06% | 3.27% | 3.00% | -7.44% | 7.87% | -2.35% | 8.27% |
| 2015 | -1.01% | 8.04% | 0.43% | -2.56% | 0.87% | 1.99% | 2.80% | -7.52% | -3.93% | 4.37% | 2.85% | -3.55% | 1.83% |
| 2014 | -0.60% | 4.57% | -2.88% | -6.19% | 1.81% | 4.09% | -4.95% | 4.94% | -4.19% | 4.91% | 1.02% | 0.52% | 2.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AOFIX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Small Cap Focus Fund (AOFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Alger Small Cap Focus Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 | $0.00 | $0.50 | $0.15 | $0.14 | $0.00 | $0.00 | $0.98 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 6.94% | 0.00% | 2.36% | 0.84% | 0.94% | 0.00% | 0.00% | 8.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Small Cap Focus 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $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 |
| 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 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 | $1.80 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.50 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 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 | $0.98 | $0.98 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Alger Small Cap Focus 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 Focus Fund was 60.19%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
The current Alger Small Cap Focus Fund drawdown is 49.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.19% | Feb 16, 2021 | 682 | Oct 30, 2023 | — | — | — |
| -54.82% | Jun 6, 2008 | 117 | Nov 20, 2008 | 511 | Dec 2, 2010 | 628 |
| -32.14% | Feb 20, 2020 | 20 | Mar 18, 2020 | 37 | May 11, 2020 | 57 |
| -30.3% | May 2, 2011 | 108 | Oct 3, 2011 | 324 | Jan 18, 2013 | 432 |
| -29.55% | Sep 17, 2018 | 69 | Dec 24, 2018 | 134 | Jul 9, 2019 | 203 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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