Alger Balanced Portfolio Class I-2 (ABLOX)
| Fund Assets | 67.33M |
| Expense Ratio | 1.03% |
| Min. Investment | $500,000 |
| Turnover | 10.47% |
| Dividend (ttm) | 3.09 |
| Dividend Yield | 13.59% |
| Dividend Growth | 7,484.80% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 22.41 |
| YTD Return | -0.53% |
| 1-Year Return | 17.99% |
| 5-Year Return | 59.08% |
| 52-Week Low | 19.88 |
| 52-Week High | 26.03 |
| Beta (5Y) | 0.68 |
| Holdings | 113 |
| Inception Date | n/a |
About ABLOX
Alger Balanced Portfolio Class I-2 is a mutual fund designed to provide a blend of growth and income by investing in both equity and fixed-income securities. The portfolio typically allocates at least 25% of its assets to equities and another 25% to fixed-income instruments, with the flexibility to adjust its mix within those bounds according to market conditions and opportunities. The equity portion tends to focus on large-cap companies identified through fundamental research as having strong growth potential—recent holdings include major technology and financial services firms such as Microsoft, Apple, Broadcom, and JPMorgan Chase. On the fixed-income side, the fund favors income-producing securities with the potential for capital appreciation and can invest up to 10% in lower-rated, higher-yield bonds. As a moderate allocation fund, Alger Balanced Portfolio Class I-2 aims to balance capital preservation with the pursuit of long-term gains, making it relevant for investors seeking diversification across asset classes within a single vehicle. Since its inception in 1989, it has offered exposure to a broad mix of US securities, reflecting a strategy that prioritizes both income generation and growth across market cycles.
Performance
ABLOX had a total return of 17.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.22%.
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
35.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.56% |
| Apple Inc. | AAPL | 5.57% |
| Broadcom Inc. | AVGO | 5.17% |
| Alphabet Inc. | GOOGL | 3.67% |
| KLA Corporation | KLAC | 3.32% |
| JPMorgan Chase & Co. | JPM | 2.93% |
| Alphabet Inc. | GOOG | 2.84% |
| Amazon.com, Inc. | AMZN | 2.16% |
| Morgan Stanley | MS | 2.13% |
| Meta Platforms, Inc. | META | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $3.0946 | Dec 17, 2025 |
| 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 |