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Alger Dynamic Opportunities Z (ADOZX)

19.03 +0.16 (+0.85%)
At close: 8:00 PM EDT

Fund Summary

The fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 47.58%
Worst 1Y Total Return --
Number of Years Up 9
Number of Years Down 4

Performance & Risk

YTD Return 6.37%
5y Average Return 7.51%
Rank in Category (ytd) 30
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.43
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
ADOZXCategory AverageADOZXCategory AverageADOZXCategory Average
Alpha -6.42 -0.02 1.04 -0.02 0.76 -0.03
BETA 0.43 0.01 0.41 0 0.5 0.01
Mean Annual Return 0.05 0.01 0.73 0.01 0.68 0
R-squared 41.17 0.58 38.11 0.54 45.35 0.54
Standard Deviation 11.86 0.13 12.11 0.11 11.11 0.1
Sharpe Ratio -0.2 0 0.54 0.01 0.6 0
Treynor Ratio -7.15 0.05 15.09 0.16 12.72 0.07

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