Alger Responsible Investing Fund (SPEGX)
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any size with an environmental, social and governance ("ESG") rating of average or above by a third-party ESG rating agency (an “ESG Rating Agency”) that also demonstrate, in the view of the Manager, promising growth potential.
Fund Info
US0155664099
015566409
Dec 4, 2000
$1,000
Large-Cap
Growth
Expense Ratio
SPEGX has a high expense ratio of 1.27%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
Alger Responsible Investing Fund had a return of 4.26% year-to-date (YTD) and 19.97% in the last 12 months. Over the past 10 years, Alger Responsible Investing Fund had an annualized return of 7.22%, while the S&P 500 had an annualized return of 11.04%, indicating that Alger Responsible Investing Fund did not perform as well as the benchmark.
SPEGX
4.26%
0.32%
6.98%
19.97%
9.06%
7.22%
^GSPC (Benchmark)
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Monthly Returns
The table below presents the monthly returns of SPEGX, 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 | 2.54% | 4.26% | |||||||||||
| 2024 | 2.67% | 5.59% | 1.79% | -4.36% | 7.53% | 5.06% | -1.85% | 1.43% | 2.31% | -0.55% | 6.14% | -5.78% | 20.76% |
| 2023 | 8.87% | -3.26% | 7.24% | 1.18% | 4.11% | 6.18% | 3.16% | -1.22% | -5.92% | -1.17% | 9.93% | 0.94% | 32.80% |
| 2022 | -9.07% | -4.89% | 3.24% | -11.93% | -2.79% | -8.04% | 12.64% | -6.15% | -10.48% | 5.67% | 6.32% | -8.14% | -31.35% |
| 2021 | -1.88% | 1.35% | 2.24% | 6.63% | -0.77% | 5.24% | 2.95% | 3.70% | -6.04% | 8.45% | -0.40% | -6.86% | 14.26% |
| 2020 | 2.99% | -6.32% | -9.48% | 13.60% | 6.91% | 5.14% | 6.07% | 9.89% | -4.60% | -3.55% | 9.63% | -3.55% | 26.47% |
| 2019 | 8.42% | 3.94% | 2.04% | 5.33% | -6.50% | 6.38% | 1.54% | -1.43% | 0.27% | 2.99% | 4.48% | -4.37% | 24.40% |
| 2018 | 7.04% | -2.16% | -2.79% | 0.20% | 4.44% | 1.61% | 2.60% | 5.71% | 0.77% | -9.86% | 1.04% | -14.66% | -8.05% |
| 2017 | 3.33% | 4.41% | 1.75% | 2.53% | 3.06% | -0.86% | 2.80% | 1.97% | 0.46% | 3.85% | 1.59% | -13.57% | 10.44% |
| 2016 | -5.88% | -0.93% | 5.84% | -1.66% | 1.35% | -1.22% | 4.71% | -0.32% | 0.54% | -2.35% | 1.86% | -3.33% | -1.96% |
| 2015 | -2.09% | 5.74% | -0.96% | 0.64% | 2.13% | -1.15% | 0.74% | -6.40% | -2.80% | 7.96% | 0.21% | -2.13% | 1.10% |
| 2014 | -3.70% | 4.55% | -1.78% | -1.25% | 0.92% | 3.30% | -2.32% | 4.40% | -3.03% | 1.90% | 3.61% | -4.12% | 1.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPEGX is 56, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Alger Responsible Investing Fund (SPEGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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.
Worst Drawdowns
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 58.01%, occurring on Mar 9, 2009. Recovery took 1050 trading sessions.
The current Alger Responsible Investing Fund drawdown is 4.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.01% | Dec 11, 2007 | 311 | Mar 9, 2009 | 1050 | May 10, 2013 | 1361 |
| -41.39% | Nov 22, 2021 | 226 | Oct 14, 2022 | 431 | Jul 5, 2024 | 657 |
| -30.32% | Feb 20, 2020 | 23 | Mar 23, 2020 | 54 | Jun 9, 2020 | 77 |
| -28.1% | Oct 2, 2018 | 58 | Dec 24, 2018 | 232 | Nov 25, 2019 | 290 |
| -17.03% | Jul 21, 2015 | 143 | Feb 11, 2016 | 262 | Feb 27, 2017 | 405 |
Volatility
Volatility Chart
The current Alger Responsible Investing Fund volatility is 6.32%, 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.