Alger Balanced Portfolio Class I-2
ABLOX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Alger Balanced Portfolio Class I-2 (ABLOX) is a mutual fund offered by The Alger Companies, which manages a diversified portfolio of equity and fixed-income securities to achieve long-term capital appreciation and current income. The fund invests primarily in a balanced mix of common stocks, convertible securities, and debt instruments such as corporate bonds and U.S. government obligations; it emphasizes growth-oriented equities across market capitalizations alongside income-generating fixed-income assets rated investment grade or higher. Alger allocates assets dynamically between equities (typically 50-75%) and fixed income based on market conditions, with holdings spanning sectors like technology, healthcare, consumer discretionary, and financials. Established as part of Alger's offerings since the firm's founding in 1964 and headquartered in New York City, the fund serves institutional and retail investors seeking moderate risk profiles through its Class I-2 shares, which feature lower expense ratios for larger investments. Operations focus on the U.S. market with selective international exposure via American Depositary Receipts (ADRs) and global securities; it targets a broad investor base including financial advisors, retirement plans, and high-net-worth individuals. In recent developments, The Alger Companies completed a strategic acquisition of intellectual property and key personnel from a boutique asset manager in late 2024 to bolster its quantitative research capabilities; additionally, the firm launched enhanced ESG integration across balanced strategies in early 2025 amid growing demand for sustainable investing. No major name changes or reorganizations have occurred within the past two years, though Alger expanded distribution partnerships with major platforms like Schwab and Fidelity to improve accessibility. These moves support ongoing business growth in a competitive asset management landscape.