Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.4%
1 yr return
39.3%
3 Yr Avg Return
8.6%
5 Yr Avg Return
15.5%
Net Assets
$94 M
Holdings in Top 10
50.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.07%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AGIFX - Profile
Distributions
- YTD Total Return 10.4%
- 3 Yr Annualized Total Return 8.6%
- 5 Yr Annualized Total Return 15.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.52%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAlger Responsible Investing Fund
-
Fund Family NameAlger Family of Funds
-
Inception DateSep 24, 2008
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGregory Adams
Fund Description
AGIFX - Performance
Return Ranking - Trailing
Period | AGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.4% | -9.6% | 28.7% | 72.33% |
1 Yr | 39.3% | -11.6% | 75.4% | 69.41% |
3 Yr | 8.6%* | -26.6% | 33.9% | 53.56% |
5 Yr | 15.5%* | -14.4% | 30.8% | 44.36% |
10 Yr | 10.2%* | -5.3% | 19.1% | 90.29% |
* Annualized
Return Ranking - Calendar
Period | AGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 32.8% | -74.1% | 72.4% | 49.57% |
2022 | -31.3% | -85.9% | 4.7% | 33.48% |
2021 | 14.2% | -52.4% | 60.5% | 29.80% |
2020 | 26.3% | -34.3% | 145.0% | 50.00% |
2019 | 24.5% | -21.8% | 49.4% | 52.50% |
Total Return Ranking - Trailing
Period | AGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.4% | -9.6% | 28.7% | 72.33% |
1 Yr | 39.3% | -11.6% | 75.4% | 69.41% |
3 Yr | 8.6%* | -26.6% | 33.9% | 53.56% |
5 Yr | 15.5%* | -14.4% | 30.8% | 44.36% |
10 Yr | 10.2%* | -5.3% | 19.1% | 90.29% |
* Annualized
Total Return Ranking - Calendar
Period | AGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 36.7% | -4.6% | 72.4% | 54.73% |
2022 | -30.8% | -61.7% | 5.6% | 50.09% |
2021 | 23.9% | -39.8% | 118.1% | 34.22% |
2020 | 35.7% | 2.8% | 149.2% | 47.25% |
2019 | 34.0% | -5.2% | 49.4% | 42.31% |
NAV & Total Return History
AGIFX - Holdings
Concentration Analysis
AGIFX | Category Low | Category High | AGIFX % Rank | |
---|---|---|---|---|
Net Assets | 94 M | 242 K | 222 B | 88.40% |
Number of Holdings | 68 | 1 | 3217 | 40.05% |
Net Assets in Top 10 | 37.9 M | 104 K | 111 B | 88.20% |
Weighting of Top 10 | 50.86% | 0.7% | 205.0% | 44.46% |
Top 10 Holdings
- MICROSOFT CORP 0.00000000 13.59%
- APPLE INC 0.00000000 7.43%
- AMAZON.COM INC 0.00000000 6.33%
- NVIDIA CORP 0.00000000 5.67%
- VISA INC-CLASS A SHARES 0.00000000 4.75%
- ADOBE INC 0.00000000 3.87%
- ALPHABET INC-CL A 0.00000000 2.69%
- ALPHABET INC-CL C 0.00000000 2.34%
- HOME DEPOT INC 0.00000000 2.16%
- LAM RESEARCH CORP 0.00000000 2.03%
Asset Allocation
Weighting | Return Low | Return High | AGIFX % Rank | |
---|---|---|---|---|
Stocks | 95.15% | 0.00% | 130.05% | 93.76% |
Cash | 2.51% | -1.50% | 173.52% | 25.72% |
Other | 2.34% | -43.49% | 59.52% | 2.95% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 21.59% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 8.28% |
Bonds | 0.00% | 0.00% | 104.15% | 12.14% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AGIFX % Rank | |
---|---|---|---|---|
Technology | 41.85% | 0.00% | 65.70% | 20.02% |
Consumer Cyclical | 18.55% | 0.00% | 62.57% | 26.44% |
Healthcare | 9.52% | 0.00% | 39.76% | 80.57% |
Financial Services | 9.42% | 0.00% | 43.06% | 47.30% |
Communication Services | 7.63% | 0.00% | 66.40% | 75.34% |
Industrials | 5.17% | 0.00% | 30.65% | 62.84% |
Consumer Defense | 3.25% | 0.00% | 25.50% | 55.41% |
Real Estate | 3.20% | 0.00% | 16.05% | 14.95% |
Basic Materials | 0.83% | 0.00% | 18.91% | 60.81% |
Utilities | 0.57% | 0.00% | 16.07% | 19.34% |
Energy | 0.00% | 0.00% | 41.09% | 55.74% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AGIFX % Rank | |
---|---|---|---|---|
US | 95.15% | 0.00% | 130.05% | 81.11% |
Non US | 0.00% | 0.00% | 78.10% | 37.02% |
AGIFX - Expenses
Operational Fees
AGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.35% | 0.01% | 19.54% | 24.26% |
Management Fee | 0.71% | 0.00% | 1.50% | 70.19% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 26.12% |
Administrative Fee | 0.03% | 0.01% | 1.02% | 3.23% |
Sales Fees
AGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.07% | 0.00% | 316.74% | 12.02% |
AGIFX - Distributions
Dividend Yield Analysis
AGIFX | Category Low | Category High | AGIFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 28.41% | 16.55% |
Dividend Distribution Analysis
AGIFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
AGIFX | Category Low | Category High | AGIFX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.52% | -6.13% | 3.48% | 65.14% |
Capital Gain Distribution Analysis
AGIFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
AGIFX - Fund Manager Analysis
Managers
Gregory Adams
Start Date
Tenure
Tenure Rank
Dec 30, 2016
5.42
5.4%
Greg Adams, CFA is Senior Vice President, Portfolio Manager of the Alger Dynamic Opportunities strategy, the Alger Responsible Investing Fund, the Alger Growth and Income strategy, and Director of Quantitative & Risk Management. Greg joined Alger in 2006 and has 32 years of experience. Previously, he was Director of Quantitative Research at Lord Abbett & Co., and was responsible for portfolio construction simulation and quantitative stock selection. Over the course of his career, Greg was Managing Director and Portfolio Manager at Deutsche Asset Management and The Chase Manhattan Bank. At Deutsche, where he managed over $10 billion in assets, he was the lead Portfolio Manager for the U.S. Large Cap Core Funds, including Scudder’s flagship Growth & Income Fund. Greg began his tenure at Chase in 1987 as an equity analyst and was promoted to Co‐Manager of the Chase Vista Balanced Fund and the Chase Vista Growth & Income Fund, managing over $2 billion during his tenure. In 1994, Greg was named Manager of the Chase Vista Large Cap Equity Fund. Greg earned a B.A. in American History from the University of Pennsylvania’s School of Arts & Sciences and a B.S. in Economics and Finance from The Wharton School. Greg is a CFA charterholder and a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.21 | 3.08 |