Alger Balanced Portfolio Class I-2 (ABLOX)
| Fund Assets | 63.07M |
| Expense Ratio | 1.03% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.19% |
| Dividend Growth | -87.48% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 23.54 |
| YTD Return | 6.42% |
| 1-Year Return | 10.67% |
| 5-Year Return | 67.22% |
| 52-Week Low | 19.88 |
| 52-Week High | 23.68 |
| Beta (5Y) | 0.66 |
| Holdings | 107 |
| Inception Date | Sep 8, 1989 |
About ABLOX
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% of its net assets in fixed-income securities and at least 25% of its net assets in equity securities. The fund also may invest up to 10% of its net assets in lower-rated securities, rated "B" (or the equivalent) or better by any one of those rating agencies.
Performance
ABLOX had a total return of 10.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFLEX | Fidelity | Fidelity Freedom Index 2060 Fund - Institutional Premium Class | 0.08% |
Top 10 Holdings
30.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.56% |
| Apple Inc. | AAPL | 5.17% |
| Broadcom Inc. | AVGO | 3.95% |
| JPMorgan Chase & Co. | JPM | 2.69% |
| KLA Corporation | KLAC | 2.28% |
| Alphabet Inc. | GOOGL | 2.18% |
| Apple Inc. 1.125% | AAPL.1.125 05.11.25 | 2.07% |
| Amazon.com, Inc. | AMZN | 2.00% |
| AbbVie Inc. 3.6% | ABBV.3.6 05.14.25 | 1.73% |
| UnitedHealth Group Inc. 3.7% | UNH.3.7 05.15.27 | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.0408 | Dec 12, 2024 |
| Dec 14, 2023 | $0.3259 | Dec 14, 2023 |
| Dec 15, 2022 | $0.9828 | Dec 15, 2022 |
| Dec 16, 2021 | $1.2707 | Dec 16, 2021 |
| Dec 16, 2020 | $0.2646 | Dec 16, 2020 |
| Dec 18, 2019 | $0.6212 | Dec 18, 2019 |