Alger Balanced Portfolio Fund Quote
| ABLOX Fund | USD 22.24 0.06 0.27% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Alger Balanced is trading at 22.24 as of the 29th of November 2024; that is 0.27% down since the beginning of the trading day. The fund's open price was 22.3. Alger Balanced has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Alger Balanced Portfolio are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25 percent of its net assets in fixed-income securities and at least 25 percent of its net assets in equity securities. More on Alger Balanced Portfolio
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Value Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, Alger, Large Blend, Allocation--50% to 70% Equity (View all Sectors) |
| Update Date | 30th of September 2024 |
Alger Balanced Portfolio [ABLOX] is traded in USA and was established 29th of November 2024. Alger Balanced is listed under Alger category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Alger family. This fund presently has accumulated 46.42 M in assets under management (AUM) with no minimum investment requirementsAlger Balanced Portfolio is currently producing year-to-date (YTD) return of 16.85% with the current yeild of 0.01%, while the total return for the last 3 years was 7.4%.
Check Alger Balanced 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 Balanced Portfolio 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 Balanced Portfolio Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MSFT | Microsoft | Stock | Information Technology |
Alger Balanced Portfolio Risk Profiles
| Mean Deviation | 0.4117 | |||
| Semi Deviation | 0.5249 | |||
| Standard Deviation | 0.5538 | |||
| Variance | 0.3067 |
Alger Balanced Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Balanced 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 Balanced security.
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