Alger Growth & Income Fund Class AALBAX

33.03
0.06 / 0.18%
27.54 - 33.17+1.39
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Aug 22 2014.

Total returns on $10,000

As of Jul 31 2014.Fund performance

Objective

The investment seeks to provide capital appreciation and current income. The fund intends to invest at least 65% of its total assets in dividend paying equity securities. It 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 fund 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. It can also invest in derivative instruments.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Blend
Morningstar categoryLarge Blend
Launch date31/12/1996
Price currencyUSD
DomicileUnited States
SymbolALBAX
Manager & start date
Dan Chung
21/01/2011
Gregory Adams
11/04/2012

Investment

Pricing frequencyDaily
Total net assets
75.70m USDAs of Jul 31 2014
Net expense ratio1.19%
Front end load5.25%
Deferred load--
Redemption fee2.00%
Min. initial investment1,000.00 USD
Min. additional investment50.00 USD
Initial IRA500.00 USD
Additional IRA50.00 USD
Available for saleUnited States

Diversification

Asset type

US stock
90.85%
Non-US stock
6.54%
Cash
2.56%
Other
0.04%
US bond
0.00%
Non-US bond
0.00%

Top 5 sectors

Technology
18.32%
Consumer Defensive
12.41%
Financial Services
12.40%
Industrials
11.97%
Healthcare
11.48%

Top 5 Regions

United States
90.85%
United Kingdom
3.59%
Eurozone
0.97%
Europe - ex Euro
0.87%
Developed Asia
0.61%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

CompanyIC
View
1 year
change
Portfolio
weight
Long
allocation
Apple Inc
AAPL:NSQ
+41.56%4.29%
Exxon Mobil Corporation
XOM:NYQ
+12.55%3.43%
Royal Dutch Shell PLC ADR Class A--2.55%
General Electric Co
GE:NYQ
+9.97%2.46%
Johnson & Johnson
JNJ:NYQ
+16.62%2.35%
Data delayed at least 15 minutes, as of May 31 2014.Top 10 holdings

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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