Funds

Alger Growth & Income Fund Class A

ALBAX

Alger Growth & Income Fund Class A

Actions
  • Price (USD)37.88
  • Today's Change0.04 / 0.11%
  • 1 Year change16.66%
Data delayed at least 15 minutes, as of Jun 23 2017.
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Total returns on $10,000

5Y
Alger Growth & Income A
Fund
Large Blend
Morningstar category
S&P 500 TR USD
Benchmark index

Profile and investment

Fund typeOpen Ended Investment Company
Investment style (stocks)Market Cap: Large
Investment Style: Blend
Morningstar categoryLarge Blend
Launch date31 Dec 1996
Price currencyUSD
DomicileUnited States
SymbolALBAX
Manager & start date
Daniel Chung
01 Jan 2011
Gregory Adams
01 Apr 2012
Pricing frequencyDaily
Total net assets
72.08m USD
As of May 31 2017
Net expense ratio1.14%
Front end load5.25%
Deferred load--
Redemption fee--
Min. initial investment1,000.00
USD
Min. additional investment50.00
USD
Initial IRA500.00
USD
Additional IRA50.00
USD
Available for saleUnited States
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Top 5 holdings

Top 5 holdings as a per cent of portfolio
33.34%17.67%0.00%17.67%
Category average% Net assets% Short% Long
Company1 year changePortfolio weightLong allocation
Apple Inc
AAPL:NSQ
+52.22%4.64%
Microsoft Corp
MSFT:NSQ
+37.18%4.22%
JPMorgan Chase & Co
JPM:NYQ
+35.61%3.60%
Altria Group Inc
MO:NYQ
+15.35%2.68%
Exxon Mobil Corp
XOM:NYQ
-11.10%2.53%
Per cent of portfolio in top 5 holdings: 17.67%
Top 10 Holdings

Diversification

Asset type

Asset type

US stock92.03%
Non-US stock4.78%
Cash2.54%
US bond0.00%
Non-US bond0.00%
Other0.64%

Top 5 sectors

Equity
Fixed income
Technology22.33%
Financial Services14.69%
Healthcare13.12%
Industrials10.74%
Consumer Cyclical9.55%
Other26.39%

Top 5 regions

United States92.03%
Emerging Asia2.30%
Eurozone1.06%
Europe - ex Euro0.73%
United Kingdom0.69%
Sector and region weightings are calculated using only long position holdings of the portfolio.
The performance data shown in tables and graphs on this page is calculated in USD of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.
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