Alger Growth & Income I-2 (AIGOX)
24.54
+0.06 (+0.25%)
USD |
Jul 06 2022
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 0.86% | 32.78M | 1.34% | 5.19% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -3.754M | -6.17% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide capital appreciation and current income. The fund invests primarily in equity securities such as common or preferred stocks which the advisor believes offer opportunities for capital appreciation and which also pay dividends. It is a fundamental policy of the fund 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. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | AIGOX |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Blend |
| Category Index | Russell 1000 TR USD |
| Prospectus Objective | Equity-Income |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Gregory Adams | 10.23 yrs |
Net Fund Flows Versus Category
1 Month
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1 Year
% Rank:
43
-3.754M
-21.14B
Category Low
43.65B
Category High
3 Months
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3 Years
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6 Months
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5 Years
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YTD
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10 Years
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As of June 30, 2022
Performance Versus Category
As of July 06, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of July 06, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Microsoft Corp | 8.52% | 267.70 | 0.56% |
| Apple Inc | 8.43% | 145.70 | 1.95% |
| Alphabet Inc Class C | 3.20% | 2359.88 | 2.41% |
| Alphabet Inc Class A | 3.08% | 2344.94 | 2.33% |
| UnitedHealth Group Inc | 3.08% | 516.03 | 0.14% |
| JPMorgan Chase & Co | 2.53% | 114.10 | 1.98% |
| The Home Depot Inc | 2.44% | 285.25 | 0.59% |
| Broadcom Inc | 2.42% | 498.12 | 3.21% |
| Morgan Stanley | 2.28% | 76.68 | 1.63% |
| KLA Corp | 2.25% | 312.30 | 6.59% |
Basic Info
| Investment Strategy | |
| The investment seeks to provide capital appreciation and current income. The fund invests primarily in equity securities such as common or preferred stocks which the advisor believes offer opportunities for capital appreciation and which also pay dividends. It is a fundamental policy of the fund 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. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | AIGOX |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Blend |
| Category Index | Russell 1000 TR USD |
| Prospectus Objective | Equity-Income |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Gregory Adams | 10.23 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (7-6-22) | 1.34% |
| 30-Day SEC Yield (1-29-21) | Upgrade |
| 7-Day SEC Yield (7-1-22) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 19.15 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of April 30, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 11/15/1988 |
| Last Annual Report Date | 12/31/2021 |
| Last Prospectus Date | 5/1/2021 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |