Alger Balanced Portfolio Class I-2 (ABLOX) NASDAQ
24.99
+0.12(+0.48%)
Currency In USD
- General
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- Profile
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Alger Balanced Portfolio Class I-2
Address
Alger Portfolios
United States of America (the)
Phone
800-992-3863
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
September 08, 1989
Key Executives
N/ADescription
The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25% of its net assets in fixed-income securities and at least 25% of its net assets in equity securities. The fund also may invest up to 10% of its net assets in lower-rated securities, rated "B" (or the equivalent) or better by any one of those rating agencies.