ABLOX: Alger Balanced Portfolio Fund - MutualFunds.com

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Alger Balanced I-2

ABLOX - Snapshot

Vitals

  • YTD Return 4.1%
  • 3 Yr Annualized Return 7.2%
  • 5 Yr Annualized Return 9.1%
  • Net Assets $48.4 M
  • Holdings in Top 10 38.4%

52 WEEK LOW AND HIGH

$16.31
$12.48
$16.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 5.71%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare ABLOX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$29.32

+0.24%

$169.03 B

1.37%

$0.40

2.88%

0.58%

$44.06

-1.19%

$107.30 B

2.46%

$1.10

1.57%

0.25%

$41.62

-1.05%

$47.20 B

1.89%

$0.79

6.09%

0.18%

$34.55

+0.20%

$40.15 B

1.39%

$0.48

10.67%

0.70%

$26.42

+0.42%

$36.92 B

1.59%

$0.42

7.40%

0.53%

ABLOX - Profile

Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return 7.2%
  • 5 Yr Annualized Total Return 9.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.67%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Alger Balanced Portfolio Fund
  • Fund Family Name
    Alger
  • Inception Date
    Sep 05, 1989
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gregory Adams

Fund Description

The fund focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25% of its net assets in fixed-income securities and at least 25% of its net assets in equity securities. The fund also may invest up to 10% of its net assets in lower-rated securities, rated "B" (or the equivalent) or better by any one of those rating agencies (or, if unrated, determined to be of comparable quality by the advisor).


ABLOX - Performance

Return Ranking - Trailing

Period ABLOX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -42.1% 22.3% 44.21%
1 Yr 8.0% -21.9% 29.9% 48.81%
3 Yr 7.2%* -5.3% 14.1% 28.15%
5 Yr 9.1%* 0.1% 12.6% 18.48%
10 Yr 7.8%* 1.0% 12.1% 45.56%

* Annualized

Return Ranking - Calendar

Period ABLOX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -5.8% 25.7% 37.27%
2018 -20.5% -32.7% 0.0% 96.89%
2017 12.3% -6.5% 22.4% 16.80%
2016 6.5% -43.7% 23.3% 17.29%
2015 -0.6% -32.5% 2.6% 1.68%

Total Return Ranking - Trailing

Period ABLOX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -42.1% 23.9% 44.06%
1 Yr 8.0% -21.9% 29.9% 40.00%
3 Yr 7.2%* -5.3% 14.1% 26.00%
5 Yr 9.1%* 0.1% 12.6% 16.77%
10 Yr 7.8%* 1.0% 12.1% 43.29%

* Annualized

Total Return Ranking - Calendar

Period ABLOX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -5.8% 25.7% 37.27%
2018 -20.5% -32.7% 0.8% 97.05%
2017 15.5% -3.7% 31.9% 15.16%
2016 8.5% -43.7% 23.3% 19.52%
2015 1.5% -32.5% 5.6% 4.86%

NAV & Total Return History


ABLOX - Holdings

Concentration Analysis

ABLOX Category Low Category High ABLOX % Rank
Net Assets 48.4 M 725 K 169 B 88.34%
Number of Holdings 90 2 19905 48.83%
Net Assets in Top 10 18.5 M 669 K 30 B 92.11%
Weighting of Top 10 38.41% 10.2% 100.0% 52.31%

Top 10 Holdings

  1. Microsoft Corp 6.36%
  2. Apple Inc 5.26%
  3. HP Inc 4.38% 4.40%
  4. Campbell Soup Company 2.5% 4.34%
  5. John Deere Capital Corporation 2.75% 3.81%
  6. Altera Corporation 4.1% 3.50%
  7. Verizon Communications Inc. 5.15% 3.13%
  8. Crown Castle International Corp. 3.2% 2.74%
  9. Apple Inc. 1.13% 2.56%
  10. Wells Fargo & Company 3.3% 2.31%

Asset Allocation

Weighting Return Low Return High ABLOX % Rank
Stocks
61.23% 0.00% 136.23% 41.90%
Bonds
32.43% -2.07% 97.64% 60.58%
Cash
6.34% -36.23% 89.35% 22.66%
Preferred Stocks
0.00% 0.00% 30.12% 94.01%
Other
0.00% -2.41% 30.21% 87.13%
Convertible Bonds
0.00% 0.00% 27.55% 97.66%

Stock Sector Breakdown

Weighting Return Low Return High ABLOX % Rank
Technology
26.25% 0.00% 48.90% 10.09%
Healthcare
14.81% 0.00% 38.87% 39.18%
Financial Services
12.71% 0.00% 100.00% 73.25%
Communication Services
12.46% 0.00% 43.64% 7.02%
Consumer Cyclical
8.64% 0.00% 23.61% 72.37%
Consumer Defense
8.07% 0.00% 17.85% 35.96%
Industrials
5.51% 0.00% 36.81% 94.44%
Real Estate
4.83% 0.00% 100.00% 28.51%
Energy
3.35% 0.00% 90.89% 31.29%
Basic Materials
1.84% 0.00% 29.84% 87.13%
Utilities
1.55% 0.00% 100.00% 83.48%

Stock Geographic Breakdown

Weighting Return Low Return High ABLOX % Rank
US
58.76% 0.13% 133.30% 16.37%
Non US
2.47% 0.00% 43.57% 84.36%

Bond Sector Breakdown

Weighting Return Low Return High ABLOX % Rank
Corporate
83.65% 0.00% 98.96% 1.75%
Cash & Equivalents
16.35% 0.12% 100.00% 34.06%
Derivative
0.00% 0.00% 34.99% 99.85%
Securitized
0.00% 0.00% 60.86% 100.00%
Municipal
0.00% 0.00% 24.46% 94.30%
Government
0.00% 0.00% 99.35% 99.12%

Bond Geographic Breakdown

Weighting Return Low Return High ABLOX % Rank
US
32.43% -4.58% 72.81% 34.50%
Non US
0.00% -6.12% 73.06% 96.64%

ABLOX - Expenses

Operational Fees

ABLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.01% 4.93% 32.12%
Management Fee 0.71% 0.00% 1.75% 86.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 0.83% 1.65%

Sales Fees

ABLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ABLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ABLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.71% 0.00% 484.00% 12.39%

ABLOX - Distributions

Dividend Yield Analysis

ABLOX Category Low Category High ABLOX % Rank
Dividend Yield 0.00% 0.00% 9.46% 78.53%

Dividend Distribution Analysis

ABLOX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

ABLOX Category Low Category High ABLOX % Rank
Net Income Ratio 1.67% -4.40% 11.02% 55.59%

Capital Gain Distribution Analysis

ABLOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

ABLOX - Fund Manager Analysis

Managers

Gregory Adams


Start Date

Tenure

Tenure Rank

Feb 28, 2013

7.59

7.6%

Greg Adams, CFA is Senior Vice President, Portfolio Manager of the Alger Dynamic Opportunities strategy, the Alger Responsible Investing Fund, the Alger Growth and Income strategy, and Director of Quantitative & Risk Management. Greg joined Alger in 2006 and has 32 years of experience. Previously, he was Director of Quantitative Research at Lord Abbett & Co., and was responsible for portfolio construction simulation and quantitative stock selection. Over the course of his career, Greg was Managing Director and Portfolio Manager at Deutsche Asset Management and The Chase Manhattan Bank. At Deutsche, where he managed over $10 billion in assets, he was the lead Portfolio Manager for the U.S. Large Cap Core Funds, including Scudder’s flagship Growth & Income Fund. Greg began his tenure at Chase in 1987 as an equity analyst and was promoted to Co‐Manager of the Chase Vista Balanced Fund and the Chase Vista Growth & Income Fund, managing over $2 billion during his tenure. In 1994, Greg was named Manager of the Chase Vista Large Cap Equity Fund. Greg earned a B.A. in American History from the University of Pennsylvania’s School of Arts & Sciences and a B.S. in Economics and Finance from The Wharton School. Greg is a CFA charterholder and a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.78 6.26 0.75