Alger Growth & Income Portfolio I-2 (AIGOX)
| Fund Assets | 48.26M |
| Expense Ratio | 0.85% |
| Min. Investment | $500,000 |
| Turnover | 2.11% |
| Dividend (ttm) | 4.97 |
| Dividend Yield | 14.29% |
| Dividend Growth | 930.99% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 12, 2026 |
| Previous Close | 34.74 |
| YTD Return | -0.74% |
| 1-Year Return | 24.22% |
| 5-Year Return | 86.08% |
| 52-Week Low | 28.28 |
| 52-Week High | 40.51 |
| Beta (5Y) | 0.95 |
| Holdings | 81 |
| Inception Date | n/a |
About AIGOX
Alger Growth & Income Portfolio I-2 is a mutual fund designed to provide both capital appreciation and current income by investing primarily in U.S. companies with growth potential that also pay dividends. The portfolio employs a fundamental research-driven approach, focusing on equity securities identified for their strong growth characteristics alongside a high dividend yield. Its investment strategy typically allocates at least 65% of assets to dividend-paying equities, aiming to balance growth and income objectives. The fund’s holdings are concentrated in prominent large-cap companies across technology, financial services, healthcare, and consumer sectors, with significant positions in firms such as Microsoft, Apple, Broadcom, and JPMorgan Chase. As a large blend fund, it seeks to benefit from the stability of established businesses while participating in their future growth prospects. The fund caters primarily to institutional investors and features a relatively high minimum initial investment, reflecting its focus on larger clients. Alger Growth & Income Portfolio I-2 plays a meaningful role in the market for those seeking a mix of income and equity appreciation from a diversified portfolio of leading U.S. companies.
Performance
AIGOX had a total return of 24.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.91%.
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
48.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 8.92% |
| Apple Inc. | AAPL | 7.61% |
| Broadcom Inc. | AVGO | 7.06% |
| Alphabet Inc. | GOOGL | 4.99% |
| KLA Corporation | KLAC | 4.54% |
| JPMorgan Chase & Co. | JPM | 4.01% |
| Alphabet Inc. | GOOG | 3.82% |
| Amazon.com, Inc. | AMZN | 2.91% |
| Morgan Stanley | MS | 2.90% |
| Meta Platforms, Inc. | META | 2.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 12, 2026 | $0.0706 | Mar 12, 2026 |
| Dec 17, 2025 | $4.5679 | Dec 17, 2025 |
| Sep 11, 2025 | $0.073 | Sep 11, 2025 |
| Jun 12, 2025 | $0.1022 | Jun 12, 2025 |
| Mar 13, 2025 | $0.225 | Mar 13, 2025 |
| Dec 12, 2024 | $0.1127 | Dec 12, 2024 |