Alger Growth Income Fund Quote
| ALBAX Fund | USD 82.78 0.56 0.68% |
PerformanceVery Strong
| Odds Of DistressLow
|
Alger Growth is trading at 82.78 as of the 19th of July 2025; that is 0.68% up since the beginning of the trading day. The fund's open price was 82.22. Alger Growth has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat very strong performance during the last 90 days. The performance scores are derived for the period starting the 20th of April 2025 and ending today, the 19th of July 2025. Click here to learn more.
The advisor intends to invest at least 65 percent of its total assets in dividend paying equity securities. The fund may invest up to 35 percent of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. More on Alger Growth Income
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Value Funds, Large Blend Funds, Large Blend, Alger, Large Blend, Large Blend (View all Sectors) |
| Update Date | 30th of June 2025 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Growth Income [ALBAX] is traded in USA and was established 19th of July 2025. Alger Growth is listed under Alger category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Alger family. This fund presently has accumulated 332.81 M in assets under management (AUM) with no minimum investment requirementsAlger Growth Income is currently producing year-to-date (YTD) return of 6.72% with the current yeild of 0.01%, while the total return for the last 3 years was 17.24%.
Check Alger Growth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Growth Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Growth Income Mutual Fund Constituents
| AVGO | Broadcom | Stock | Information Technology | |
| MO | Altria Group | Stock | Consumer Staples | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| XOM | Exxon Mobil Corp | Stock | Energy | |
| VZ | Verizon Communications | Stock | Communication Services | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| MSFT | Microsoft | Stock | Information Technology |
Alger Growth Income Risk Profiles
| Mean Deviation | 0.5811 | |||
| Semi Deviation | 0.4447 | |||
| Standard Deviation | 0.8547 | |||
| Variance | 0.7305 |
Alger Growth Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Growth financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Growth security.
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