ALBAX : ALGER GROWTH & INCOME FUND A

 
 
 
 
 

ZACKS RANK: NA -  

Ticker: ALBAX
Manager: Dan C. Chung
Manager Since: 01/11
NAV (07/31/2014): 32.86
Objective: NA
Peer: GI LG
Net Assets ($mil): 77.04
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 - 07/14
Stocks 96.26%
Foreign Stocks 5.49%
Cash 0.00%
Bonds 0.00%
Foreign Bonds 0.00%
Preferred 0.04%
Convertible 0.00%
Other 3.71%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
ALBAX : Style Analysis - 07/14
Large Growth 8.73%
Large Value 74.15%
Small Growth 0.00%
Small Value 0.00%
Foreign Stock 8.73%
Emerging Market 0.00%
Precious Metals 0.00%
Intermediate Bond 0.00%
High Yield Bond 0.00%
Foreign Bond 0.00%
Style Analysis Horizontal Bar Chart
ALBAX : Risk Analysis
Beta v. S&P 500 0.99
Beta v. EAFE -0.08
Beta v. Barclays Agg Bond 0.24
Alpha 3 Yr 0.63
Alpha 5 Yr 1.67
R-Sq 3 Yr 0.97
R-Sq 5 Yr 0.92
Std Dev 3 Yr 11.01
Std Dev 5 Yr 10.21
Sharpe 3 Yr 1.45
Sharpe 5 Yr 1.56
ALBAX : Fees
Expense Ratio 1.18
% 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 ($) 19.4720.8221.4323.7415.8719.9821.4022.2024.3530.9532.86
Total Return (%) 4.598.024.3712.33-31.4428.449.574.8311.7729.306.19
Annual Dividend Yield (%) 1.030.971.331.302.411.912.170.961.801.511.74
Relative Performance
Rel Performance-S&P500(%) -62.7731.32-114.2368.4055.6520.27-54.9427.31-42.14-30.78-9.16
Rel Performance-Obj.Ret.(%) -68.9916.46-105.8584.6045.9324.99-44.9054.14-22.223.44-1.56
Ret.Quintile vs Obj(1 is best) 52511251444
Turnover, Yields, and Gains
Fund Assets Net($mil) 7061443631354141738177
Annual Turnover (%) 128.79125.17271.30139.1878.04100.1872.11119.6145.3629.2722.14
Annual Dividend Paid ($) 0.210.210.300.320.400.400.490.220.460.490.29
Annual Capital Gains Paid($) 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 07/14) 2.03% 4.92% 6.19% 6.19% 21.40% 15.32% 15.48% 7.30% 5.30% NA
Ret. Percentile vs. Obj. (1 is best) 55 36 61 61 65 40 83 49 37 NA
ALBAX : Stock Portfolio Snapshot - 07/14
Average Price/Earnings 26.07
Average Price/Book 4.07
Average EPS Growth 9.56
Average Market Value 142,600.00
ALBAX : Stock Sector Breakout - 07/14
Stock Sector Breakout
ALBAX : Top Holdings - 07/14
Name Weight Shares
APPLE INC 4.29 7,165
EXXON MOBIL CORP 3.43 33,000
ROYAL DUTCH SHELL PLC ADR 2.55 31,900
GENERAL ELECTRIC CO 2.46 90,200
PEPSICO INC 2.08 23,900
MICROSOFT CORP 2.34 57,000
JPMORGAN CHASE & CO 2.20 38,661
VERIZON COMMUNICATIONS INC 2.09 44,129
JOHNSON & JOHNSON 2.35 22,900