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Feb 9: 19.40  Up 0.12 (0.62%)  

Alger Balanced C (ALBCX)

ALGER BALANCED FUND CLASS C

Net Asset Value:19.40
Trade Time:Feb 9
Change:Up 0.12 (0.62%)
Prev Close:19.40
YTD Return*:-1.57%
Net Assets*:11.52M
Yield*:1.37%

* As of 31-Jan-10

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Fund Basics

Morningstar Overall Rating:
Total Assets:11.52M
Category:Moderate Allocation
Total Expense Ratio:1.98%

Performance & Risk

YTD Return:-1.57%
5y Avg Return:1.58%
Rank in Category (ytd):261
% Rank in Category (ytd):20.95%
Beta (3y):1.05
Morningstar Risk Rating:Average

Fund Summary

The investment seeks current income and long-term capital appreciation. The fund normally invests in equity securities and in fixed-income securities, which may include corporate bonds, debentures and notes, U.S. Government securities, mortgage-backed and asset-backed securities, commercial paper and other fixed-income securities. It invests at least 25% of net assets in fixed-income securities and at least 25% of net assets in equity securities. The fund also may invest up to 10% of net assets in lower-rated securities rated "B" or better by any one of those rating agencies. View More

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