Alger Growth & Income Fund Class A (ALBAX)

Fund Assets	970.62M
Expense Ratio	0.93%
Min. Investment	$1,000
Turnover	4.83%
Dividend (ttm)	0.74
Dividend Yield	0.66%
Dividend Growth	-16.29%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 11, 2026

Previous Close	107.13
YTD Return	15.90%
1-Year Return	25.74%
5-Year Return	91.76%
52-Week Low	83.85
52-Week High	107.13
Beta (5Y)	0.95
Holdings	81
Inception Date	Jan 1, 1997

About ALBAX

Alger Growth & Income Fund Class A is an actively managed mutual fund that focuses on achieving both capital appreciation and current income. As a large blend fund, it primarily invests in a diversified mix of dividend-paying equities and income-generating securities, with at least 65% of its assets allocated to companies that pay dividends. The portfolio holds a significant concentration in leading technology and financial services firms, with top positions in Microsoft, Apple, and JPMorgan Chase, among others. The fund is designed for investors seeking balanced exposure to growth and value stocks, drawing from sectors such as technology, communication services, and consumer cyclical industries. With a history dating back to 1997, the fund has established its role within the U.S. large-cap segment, providing quarterly income distributions to shareholders. Managed with a disciplined approach, Alger Growth & Income Fund Class A aims to deliver a blend of long-term growth potential and regular income, making it a notable choice within the large blend mutual fund category.

• Fund Family: Alger
• Category: Large Blend
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ALBAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

ALBAX had a total return of 25.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.11%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VQNPX	Vanguard	Vanguard Growth and Income Fund Investor Shares	0.39%
FMGKX	Fidelity	Fidelity Magellan K	0.57%
FMAGX	Fidelity	Fidelity Magellan Fund	0.64%
FEQDX	Fidelity	Fidelity Advisor Hedged Equity Fund - Class C	1.55%
FEQNX	Fidelity	Fidelity Advisor Hedged Equity Fund - Class M	1.05%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AGIZX	Class Z	0.62%
ALBCX	Class C	1.68%

Top 10 Holdings

50.18% of assets

Name	Symbol	Weight
Broadcom Inc.	AVGO	7.47%
Apple Inc.	AAPL	7.16%
Microsoft Corporation	MSFT	6.65%
KLA Corporation	KLAC	5.80%
Cash	n/a	5.31%
Alphabet Inc.	GOOGL	5.00%
Alphabet Inc.	GOOG	3.86%
Amazon.com, Inc.	AMZN	3.05%
JPMorgan Chase & Co.	JPM	3.05%
Morgan Stanley	MS	2.81%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 11, 2026	$0.123	Jun 12, 2026
Mar 12, 2026	$0.1531	Mar 12, 2026
Dec 17, 2025	$0.296	Dec 17, 2025
Sep 11, 2025	$0.170	Sep 11, 2025
Jun 12, 2025	$0.214	Jun 12, 2025
Mar 13, 2025	$0.1616	Mar 13, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 15, 2026

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