Alger Growth & Income Fund

3 / 5 Stars
2 1 5 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
B+ (Buy)

U.S. News evaluated 481 Large Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Alger funds

See full Large Blend rankings

See more fund rankings


The fund has returned 21.40 percent over the past year, 15.32 percent over the past three years, 15.48 percent over the past five years, and 7.30 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 6.2%
1 Year 21.4%
3 Years (Annualized) 15.3%
5 Years (Annualized) 15.5%
10 Years (Annualized) 7.3%

See more ALBAX performance


The investment seeks to provide capital appreciation and current income. The fund intends to invest at least 65% of its total assets in dividend paying equity securities. It may invest up to 35% of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. The fund focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the S&P 500 Index, as reported by the index as of the most recent quarter-end. It can also invest in derivative instruments.


Fees are Above Average compared to funds in the same category.
Alger Growth & Income Fund has an expense ratio of 1.19 percent.

See more ALBAX fees


Risk is Low compared to funds in the same category according to Morningstar.

See more ALBAX risk