- 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 $71.7M 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.
