Alger Responsible Investing Fund (SPEGX)

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The chart shows the growth of an initial investment of $10,000 in Alger Responsible Investing Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Alger Responsible Investing Fund (SPEGX) has returned -11.51% so far this year and 20.65% over the past 12 months. Over the last decade, SPEGX has posted an annualized return of 12.53%, slightly higher than the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Dec 7, 2000, SPEGX's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, your investment would double in approximately 11.8 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +13.6%, while the worst month was Oct 2008 at -17.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SPEGX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +11.6%, while the worst single day was Dec 15, 2017 at -12.5%.

Alger Responsible Investing Fund has an annualized alpha of -1.57%, beta of 1.01, and R² of 0.85 versus S&P 500 Index. Calculated based on daily prices since December 08, 2000.

• This fund participated in 110.68% of S&P 500 Index downside but only 103.04% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.01 and R² of 0.85, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

SPEGX has a high expense ratio of 1.27%, indicating above-average management fees.

SPEGX ranks 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Alger Responsible Investing Fund (SPEGX) and compare them to a chosen benchmark (S&P 500 Index).

Alger Responsible Investing Fund provided a 9.67% dividend yield over the last twelve months, with an annual payout of $1.74 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Alger Responsible Investing Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Alger Responsible Investing 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 Responsible Investing Fund was 67.29%, occurring on Mar 9, 2009. Recovery took 2051 trading sessions.

The current Alger Responsible Investing Fund drawdown is 14.24%.

The chart below shows the rolling one-month volatility.