ALBAX : ALGER GROWTH & INCOME FUND A

 
 
3
 
 

ZACKS RANK: 3 - HOLD

Ticker: ALBAX
Manager: Dan C. Chung
Manager Since: 01/11
NAV (04/18/2014): 30.87
Objective: Balanced
Peer: GI LG
Net Assets ($mil): 80.83
Inception: 12/31/1996
ALBAX : Description

The fund was incepted in June 1992 and is managed by Fred Alger Management. The objective of this fund is to seek current income and long-term capital appreciation by investing in stocks of companies with growth potential and fixed-income securities, with emphasis on income-producing securities that appear to have some potential for capital appreciation. Balanced funds generally offer greater diversification than funds invested solely in one asset class. Fixed-income securities are sensitive to interest rate movements and their market values tend to fall when interest rates rise. The fund offers dividends and capital gains annually in December.

ALBAX : Composition - 04/14
Stocks 96.99%
Foreign Stocks 5.86%
Cash 0.00%
Bonds 0.00%
Foreign Bonds 0.00%
Preferred 0.00%
Convertible 0.04%
Other 2.98%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
ALBAX : Style Analysis - 04/14
Large Growth 9.49%
Large Value 66.95%
Small Growth 0.00%
Small Value 0.00%
Foreign Stock 9.49%
Emerging Market 5.05%
Precious Metals 0.00%
Intermediate Bond 8.69%
High Yield Bond 0.00%
Foreign Bond 0.00%
Style Analysis Horizontal Bar Chart
ALBAX : Risk Analysis
Beta v. S&P 500 0.98
Beta v. EAFE -0.07
Beta v. Barclays Agg Bond 0.27
Alpha 3 Yr 0.93
Alpha 5 Yr 1.60
R-Sq 3 Yr 0.97
R-Sq 5 Yr 0.92
Std Dev 3 Yr 11.20
Std Dev 5 Yr 10.53
Sharpe 3 Yr 1.30
Sharpe 5 Yr 1.65
ALBAX : Fees
Expense Ratio 1.19
% Max Load 5.25
% Min Load 0.00
% Deferred Load NA
% Redemption 2.00
% Max 12 B1 Fee 0.25
% Max Mgt Fee 0.59
ALBAX : Purchase Choices:
Min Initial Investment 1000
Min Subsequent Investment 50
ALBAX : Returns Analysis - Annual

Line chart

  2004200520062007200820092010201120122013YTD
NAV ($) 19.4720.8221.4323.7415.8719.9821.4022.2024.3530.9530.87
Total Return (%) 4.598.024.3712.33-31.4428.449.574.8311.7729.301.21
Annual Dividend Yield (%) 1.030.971.331.302.411.912.170.961.801.511.74
Relative Performance
Rel Performance-S&P500(%) -62.7731.32-114.2368.4055.6520.27-54.9427.31-42.14-30.78-5.82
Rel Performance-Obj.Ret.(%) -68.9916.46-105.8584.6045.9324.99-44.9054.14-22.223.44-6.71
Ret.Quintile vs Obj(1 is best) 52511251444
Turnover, Yields, and Gains
Fund Assets Net($mil) 7061443631354141738181
Annual Turnover (%) 128.79125.17271.30139.1878.04100.1872.11119.6145.3629.270.00
Annual Dividend Paid ($) 0.210.210.300.320.400.400.490.220.460.490.17
Annual Capital Gains Paid($) 0.000.000.000.000.000.000.000.000.000.000.00
ALBAX : Returns Analysis - Trailing Total Return
  1 Month 3 Month 6 Month YTD 1 Year 3 Year 5 Year 10 Year 15 Year 20 Year
Total Return (through 04/14) 1.31% 1.21% 11.44% 1.21% 18.40% 13.96% 16.89% 6.73% 5.23% NA
Ret. Percentile vs. Obj. (1 is best) 40 75 51 75 74 32 89 55 44 NA
ALBAX : Stock Portfolio Snapshot - 04/14
Average Price/Earnings 25.48
Average Price/Book 4.13
Average EPS Growth 10.05
Average Market Value 134,078.00
ALBAX : Stock Sector Breakout - 04/14
Stock Sector Breakout
ALBAX : Top Holdings - 04/14
Name Weight Shares
APPLE INC 3.80 7,265
EXXON MOBIL CORP 3.26 33,900
JOHNSON & JOHNSON 2.54 27,500
GOOGLE INC 2.47 2,005
PEPSICO INC 2.06 24,600
ROYAL DUTCH SHELL PLC ADR 2.37 32,800
MICROSOFT CORP 2.32 58,600
JPMORGAN CHASE & CO 2.29 39,661
GENERAL ELECTRIC CO 2.43 92,700