PortfoliosLab logo

Alger Small Cap Focus Fund (AOFIX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

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.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Alger Small Cap Focus Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $29,882 for a total return of roughly 198.82%. All prices are adjusted for splits and dividends.


170.00%180.00%190.00%200.00%210.00%220.00%NovemberDecember2023FebruaryMarch
198.82%
205.42%
AOFIX (Alger Small Cap Focus Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with AOFIX

Alger Small Cap Focus Fund

Return

Alger Small Cap Focus Fund had a return of 3.40% year-to-date (YTD) and -22.60% in the last 12 months. Over the past 10 years, Alger Small Cap Focus Fund had an annualized return of 8.17%, while the S&P 500 had an annualized return of 10.05%, indicating that Alger Small Cap Focus Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.59%3.51%
Year-To-Date3.40%7.03%
6 months2.70%12.88%
1 year-22.60%-10.71%
5 years (annualized)2.33%9.25%
10 years (annualized)8.17%10.05%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20237.35%-3.11%
2022-8.38%7.79%-2.52%-4.71%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Alger Small Cap Focus Fund Sharpe ratio is -0.66. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.20NovemberDecember2023FebruaryMarch
-0.66
-0.46
AOFIX (Alger Small Cap Focus Fund)
Benchmark (^GSPC)

Dividend History

Alger Small Cap Focus Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.00$0.00$1.80$0.00$0.50$0.15$0.00$0.00$0.00$0.98$0.00$1.37

Dividend yield

0.00%0.00%6.94%0.00%2.53%0.93%0.00%0.00%0.00%10.03%0.00%19.82%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
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$0.00
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
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
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
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
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$0.98
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2012$1.37

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2023FebruaryMarch
-52.64%
-14.33%
AOFIX (Alger Small Cap Focus Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alger Small Cap Focus 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 Small Cap Focus Fund is 56.83%, recorded on May 11, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.83%Feb 16, 2021313May 11, 2022
-54.82%Jun 6, 2008118Nov 20, 2008511Dec 2, 2010629
-32.14%Feb 20, 202020Mar 18, 202037May 11, 202057
-30.3%May 2, 2011108Oct 3, 2011325Jan 18, 2013433
-29.55%Sep 17, 201869Dec 24, 2018134Jul 9, 2019203
-28.57%Jul 23, 2015139Feb 9, 2016156Sep 22, 2016295
-15.95%Mar 5, 2014155Oct 13, 201485Feb 13, 2015240
-13.42%Jul 31, 201945Oct 2, 201985Feb 4, 2020130
-11.34%Sep 23, 201630Nov 3, 201612Nov 21, 201642
-10.52%Sep 3, 20206Sep 11, 202018Oct 7, 202024

Volatility Chart

Current Alger Small Cap Focus Fund volatility is 24.32%. 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.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2023FebruaryMarch
24.32%
15.42%
AOFIX (Alger Small Cap Focus Fund)
Benchmark (^GSPC)