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Alger 35 Fund (ATVPX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Alger 35 Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,120 for a total return of roughly 61.20%. All prices are adjusted for splits and dividends.


40.00%50.00%60.00%70.00%NovemberDecember2023FebruaryMarch
61.20%
55.04%
ATVPX (Alger 35 Fund)
Benchmark (^GSPC)

S&P 500

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Alger 35 Fund

Return

Alger 35 Fund had a return of 6.33% year-to-date (YTD) and -23.16% in the last 12 months. Over the past 10 years, Alger 35 Fund had an annualized return of 10.10%, outperforming the S&P 500 benchmark which had an annualized return of 9.23%.


PeriodReturnBenchmark
1 month-2.54%-1.87%
Year-To-Date6.33%4.25%
6 months-4.18%2.64%
1 year-23.16%-10.31%
5 years (annualized)10.10%9.23%
10 years (annualized)10.10%9.23%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.10%-2.82%
2022-11.70%5.41%-0.84%-4.84%

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 35 Fund Sharpe ratio is -0.75. 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
-0.75
-0.44
ATVPX (Alger 35 Fund)
Benchmark (^GSPC)

Dividend History

Alger 35 Fund granted a 0.02% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20222021202020192018
Dividend$0.00$0.00$5.10$3.02$0.02$0.11

Dividend yield

0.02%0.02%36.01%23.67%0.28%1.97%

Monthly Dividends

The table displays the monthly dividend distributions for Alger 35 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$5.10
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.02
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02
2018$0.11

Drawdowns Chart

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


-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2023FebruaryMarch
-48.92%
-16.55%
ATVPX (Alger 35 Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alger 35 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 35 Fund is 53.35%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.35%Dec 16, 2021260Dec 28, 2022
-27.63%Feb 20, 202018Mar 16, 202046May 20, 202064
-24.46%Oct 1, 201859Dec 24, 2018120Jun 18, 2019179
-14.87%Nov 9, 202118Dec 3, 20218Dec 15, 202126
-13.49%Feb 17, 202114Mar 8, 202173Jun 21, 202187
-10.14%Sep 3, 20203Sep 8, 202024Oct 12, 202027
-8.43%Oct 14, 202014Nov 2, 20203Nov 5, 202017
-8.35%Jul 29, 201947Oct 2, 201939Nov 26, 201986
-7.89%Sep 24, 20217Oct 4, 202111Oct 19, 202118
-5.47%Jul 26, 20183Jul 30, 201820Aug 27, 201823

Volatility Chart

Current Alger 35 Fund volatility is 32.99%. 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%20.00%30.00%40.00%50.00%NovemberDecember2023FebruaryMarch
32.99%
22.09%
ATVPX (Alger 35 Fund)
Benchmark (^GSPC)