Nasdaq - Delayed Quote
USD
Alger Growth & Income A (ALBAX)
103.52
-1.63
(-1.55%)
As of 8:10:08 AM EST. Market Open.
Fund Summary
The advisor intends to invest at least 65% of its total assets in dividend paying equity securities. The fund may invest up to 35% of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. The advisor focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the S&P 500 Index, as reported by the index as of the most recent quarter-end.
Risk Overview
| Morningstar Risk Rating | |
| Best 1Y Total Return | 30.72% |
|---|---|
| Worst 1Y Total Return | -- |
| Number of Years Up | 23 |
| Number of Years Down | 6 |
Performance & Risk
| YTD Return | 12.92% |
| 5y Average Return | 12.83% |
| Rank in Category (ytd) | 19 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.84 |
| Morningstar Risk Rating |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
ALBAX | Category Average | ALBAX | Category Average | ALBAX | Category Average |
|
Alpha
|
2.83 | -0.01 | 2.78 | -0.01 | 1.67 | -0.01 |
|
BETA
|
0.84 | 0.01 | 0.85 | 0.01 | 0.88 | 0.01 |
|
Mean Annual Return
|
1.77 | 0.01 | 1.21 | 0.01 | 1.27 | 0.01 |
|
R-squared
|
90.9 | 0.94 | 93.82 | 0.95 | 95.41 | 0.95 |
|
Standard Deviation
|
11.29 | 0.17 | 14.02 | 0.19 | 14.27 | 0.15 |
|
Sharpe Ratio
|
1.48 | 0 | 0.76 | 0.01 | 0.89 | 0.01 |
|
Treynor Ratio
|
21.58 | 0.03 | 12.3 | 0.1 | 14.33 | 0.1 |
