Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.7%
1 yr return
24.8%
3 Yr Avg Return
7.7%
5 Yr Avg Return
12.1%
Net Assets
$482 M
Holdings in Top 10
40.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.71%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 8.40%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ALBCX - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return 7.7%
- 5 Yr Annualized Total Return 12.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.40%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAlger Growth & Income Fund
-
Fund Family NameAlger Family of Funds
-
Inception DateJul 31, 2097
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGregory Adams
Fund Description
ALBCX - Performance
Return Ranking - Trailing
Period | ALBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -2.6% | 11.5% | 62.06% |
1 Yr | 24.8% | -0.6% | 47.0% | 60.51% |
3 Yr | 7.7%* | -13.0% | 13.9% | 43.21% |
5 Yr | 12.1%* | -9.6% | 105.8% | 54.48% |
10 Yr | 10.7%* | -0.3% | 20.4% | 61.63% |
* Annualized
Return Ranking - Calendar
Period | ALBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.3% | -42.6% | 47.4% | 36.43% |
2022 | -15.2% | -56.3% | -4.2% | 10.56% |
2021 | 25.2% | -27.2% | 53.7% | 14.44% |
2020 | 12.1% | -36.2% | 2181.7% | 45.52% |
2019 | 22.5% | -22.7% | 40.4% | 53.98% |
Total Return Ranking - Trailing
Period | ALBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -2.6% | 11.5% | 62.06% |
1 Yr | 24.8% | -0.6% | 47.0% | 60.51% |
3 Yr | 7.7%* | -13.0% | 13.9% | 43.21% |
5 Yr | 12.1%* | -9.6% | 105.8% | 54.48% |
10 Yr | 10.7%* | -0.3% | 20.4% | 61.63% |
* Annualized
Total Return Ranking - Calendar
Period | ALBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.1% | -5.0% | 47.4% | 62.45% |
2022 | -14.7% | -36.8% | -2.2% | 24.35% |
2021 | 25.5% | 3.0% | 124.3% | 62.92% |
2020 | 14.4% | -15.8% | 2266.0% | 66.41% |
2019 | 28.0% | -0.4% | 241.3% | 70.24% |
NAV & Total Return History
ALBCX - Holdings
Concentration Analysis
ALBCX | Category Low | Category High | ALBCX % Rank | |
---|---|---|---|---|
Net Assets | 482 M | 2.34 M | 1.55 T | 67.33% |
Number of Holdings | 78 | 2 | 4048 | 60.06% |
Net Assets in Top 10 | 172 M | 885 K | 387 B | 67.17% |
Weighting of Top 10 | 40.49% | 0.3% | 112.0% | 22.61% |
Top 10 Holdings
- Microsoft Corp 10.20%
- Apple Inc 7.51%
- Broadcom Inc 4.07%
- Alphabet Inc 3.22%
- JPMorgan Chase Co 3.08%
- KLA Corp 3.03%
- UnitedHealth Group Inc 2.47%
- Alphabet Inc 2.46%
- Amazon.com Inc 2.37%
- Home Depot Inc/The 2.09%
Asset Allocation
Weighting | Return Low | Return High | ALBCX % Rank | |
---|---|---|---|---|
Stocks | 93.72% | 0.00% | 124.03% | 93.37% |
Cash | 6.28% | 0.00% | 99.06% | 6.07% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 25.72% |
Other | 0.00% | -13.91% | 100.00% | 51.76% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 21.31% |
Bonds | 0.00% | -0.37% | 93.78% | 26.36% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ALBCX % Rank | |
---|---|---|---|---|
Technology | 26.66% | 0.00% | 48.94% | 16.34% |
Healthcare | 14.42% | 0.00% | 60.70% | 51.06% |
Financial Services | 13.43% | 0.00% | 55.59% | 48.94% |
Communication Services | 11.05% | 0.00% | 27.94% | 11.38% |
Consumer Defense | 7.72% | 0.00% | 47.71% | 28.05% |
Consumer Cyclical | 6.70% | 0.00% | 30.33% | 88.62% |
Industrials | 6.41% | 0.00% | 29.90% | 92.52% |
Energy | 4.95% | 0.00% | 41.64% | 25.85% |
Real Estate | 4.92% | 0.00% | 31.91% | 7.56% |
Basic Materials | 2.26% | 0.00% | 25.70% | 71.30% |
Utilities | 1.46% | 0.00% | 20.91% | 74.63% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ALBCX % Rank | |
---|---|---|---|---|
US | 93.72% | 0.00% | 124.03% | 84.98% |
Non US | 0.00% | 0.00% | 62.81% | 36.66% |
ALBCX - Expenses
Operational Fees
ALBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.71% | 0.01% | 19.75% | 10.45% |
Management Fee | 0.50% | 0.00% | 1.90% | 46.87% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 87.18% |
Administrative Fee | 0.03% | 0.00% | 0.85% | 4.01% |
Sales Fees
ALBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 27.05% |
Trading Fees
ALBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 8.63% |
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.
ALBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.40% | 0.00% | 496.00% | 21.51% |
ALBCX - Distributions
Dividend Yield Analysis
ALBCX | Category Low | Category High | ALBCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.29% | 0.00% | 25.93% | 75.98% |
Dividend Distribution Analysis
ALBCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annual |
Net Income Ratio Analysis
ALBCX | Category Low | Category High | ALBCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.40% | -54.00% | 6.06% | 66.88% |
Capital Gain Distribution Analysis
ALBCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 07, 2024 | $0.048 | OrdinaryDividend |
Dec 14, 2023 | $0.138 | OrdinaryDividend |
Sep 07, 2023 | $0.087 | OrdinaryDividend |
Jun 08, 2023 | $0.105 | OrdinaryDividend |
Mar 09, 2023 | $0.072 | OrdinaryDividend |
Dec 15, 2022 | $0.121 | OrdinaryDividend |
Sep 08, 2022 | $0.066 | OrdinaryDividend |
Jun 09, 2022 | $0.043 | OrdinaryDividend |
Mar 10, 2022 | $0.035 | OrdinaryDividend |
Sep 08, 2021 | $0.028 | OrdinaryDividend |
Jun 09, 2021 | $0.055 | OrdinaryDividend |
Mar 10, 2021 | $0.039 | OrdinaryDividend |
Sep 09, 2020 | $0.048 | OrdinaryDividend |
Jun 10, 2020 | $0.101 | OrdinaryDividend |
Mar 11, 2020 | $0.074 | OrdinaryDividend |
Sep 11, 2019 | $0.073 | OrdinaryDividend |
Jun 12, 2019 | $0.090 | OrdinaryDividend |
Mar 13, 2019 | $0.052 | OrdinaryDividend |
Sep 12, 2018 | $0.050 | OrdinaryDividend |
Jun 13, 2018 | $0.088 | OrdinaryDividend |
Mar 14, 2018 | $0.047 | OrdinaryDividend |
Sep 12, 2017 | $0.045 | OrdinaryDividend |
Jun 13, 2017 | $0.033 | OrdinaryDividend |
Mar 14, 2017 | $0.049 | OrdinaryDividend |
Sep 13, 2016 | $0.050 | OrdinaryDividend |
Jun 14, 2016 | $0.062 | OrdinaryDividend |
Mar 15, 2016 | $0.073 | OrdinaryDividend |
Dec 16, 2015 | $0.087 | OrdinaryDividend |
Dec 18, 2014 | $0.099 | OrdinaryDividend |
Dec 18, 2013 | $0.138 | OrdinaryDividend |
Dec 18, 2012 | $0.141 | OrdinaryDividend |
Dec 21, 2010 | $0.324 | OrdinaryDividend |
Dec 22, 2009 | $0.266 | OrdinaryDividend |
Dec 16, 2008 | $0.239 | OrdinaryDividend |
Dec 18, 2007 | $0.147 | OrdinaryDividend |
Dec 19, 2006 | $0.090 | OrdinaryDividend |
Dec 20, 2005 | $0.052 | OrdinaryDividend |
Dec 17, 2004 | $0.046 | OrdinaryDividend |
Dec 19, 2003 | $0.030 | OrdinaryDividend |
Dec 17, 2002 | $0.145 | OrdinaryDividend |
Dec 14, 2001 | $0.254 | OrdinaryDividend |
Dec 15, 2000 | $0.176 | OrdinaryDividend |
Dec 10, 1999 | $0.030 | OrdinaryDividend |
Dec 16, 1998 | $0.009 | OrdinaryDividend |
ALBCX - Fund Manager Analysis
Managers
Gregory Adams
Start Date
Tenure
Tenure Rank
Apr 01, 2012
10.17
10.2%
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 | 39.02 | 7.27 | 2.42 |