Alger Balanced Portfolio Class I-2 (ABLOX) Research
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.
Market snapshot
- Symbol
- ABLOX
- Price
- $24.84
- Day change
- +0.98%
- Market cap
- $71.2M
- 52-week range
- 21.84-26.03
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Manning & Napier Fd, Inc. Equity Series Class S (EXEYX)
- Nuveen Flagship New Mexico Muni Bd Fd Cl A (FNMTX)
- Tributary Balanced Fd Instl (FOBAX)
- Fidelity Select Automotive Portfolio (FSAVX)
- Lazard Enhanced Opportunities Portfolio Open Shares (LEOOX)
- Lazard International Equity Select Open Shs (LZESX)
- Lazard Equity Franchise Portfolio Open Shares (LZFOX)
- Lazard International Small Cap Equity Portfolio Open Shares (LZSMX)
Open Alger Balanced Portfolio Class I-2 (ABLOX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.