ACAYX
ALGER CAPITAL APPRECIATION INSTITUTIONAL FUND
ALGER INSTITUTIONAL FUNDS

Average annual returns

Through 2025
1 year
32.50%
3 year
41.84%
5 year
16.48%
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

78 months through Jan. 31, 2026
Volatility (ann.)
17.15%
Sharpe
1.47
Sortino
3.26
Max drawdown
-15.02%
Best month
15.27%
Worst month
-10.34%
Beta vs VTSAX
0.87
Correlation
0.62

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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