Alger Balanced Portfolio Class I-2

Frequently Asked Questions About ABLOX

What does ABLOX invest in?

The portfolio manager primarily targets equity investments in companies identified for their robust growth prospects. Alongside this, the fund allocates capital to fixed-income instruments, prioritizing those that not only produce income but also offer the potential for an increase in value. As a standard practice, at least one-quarter (25%) of the fund's net assets are dedicated to debt securities, and an equivalent minimum of 25% is allocated to equity holdings. Additionally, the fund maintains the option to invest up to 10% of its net assets in debt instruments with lower credit ratings, provided they receive a rating of 'B' (or an equivalent grade) or higher from any accredited rating agency.

What is the expense ratio of ABLOX?

Alger Balanced Portfolio Class I-2 (ABLOX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ABLOX?

Alger Balanced Portfolio Class I-2 (ABLOX) manages $69.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ABLOX actively managed or an index fund?

ABLOX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ABLOX launched?

Alger Balanced Portfolio Class I-2 (ABLOX) launched in September 1989 and is managed by the fund issuer.

How has ABLOX performed?

ABLOX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.