Alger Growth Income Fund Quote
| AIGOX Fund | USD 33.56 0.18 0.54% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Alger Growth is trading at 33.56 as of the 25th of November 2024; that is 0.54% up since the beginning of the trading day. The fund's open price was 33.38. Alger Growth has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Alger Growth Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
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 percent of its total assets in dividend paying equity securities. 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 September 2024 |
Alger Growth Income [AIGOX] is traded in USA and was established 25th of November 2024. 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 36.56 M in assets under management (AUM) with no minimum investment requirementsAlger Growth Income is currently producing year-to-date (YTD) return of 21.37% with the current yeild of 0.01%, while the total return for the last 3 years was 9.3%.
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
| MO | Altria Group | Stock | Consumer Staples | |
| BA | The Boeing | Stock | Industrials | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| MSFT | Microsoft | Stock | Information Technology | |
| MS | Morgan Stanley | Stock | Financials | |
| KLAC | KLA Tencor | Stock | Information Technology |
Alger Growth Income Risk Profiles
| Mean Deviation | 0.5601 | |||
| Semi Deviation | 0.7281 | |||
| Standard Deviation | 0.7591 | |||
| Variance | 0.5763 |
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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