How often are dividends paid out?

Alger Funds typically pays dividends on a quarterly basis, which means investors can expect dividend payments four times a year. However, it is important to note that the specific timing and amount of dividends may vary based on the performance of the underlying investments and the decisions made by the fund's management. Some funds within the Alger family may focus on growth and may not pay dividends at all, as their strategy emphasizes capital appreciation rather than income generation. Investors should review the specific fund's prospectus for detailed information regarding dividend practices and payout schedules. Additionally, checking the Alger Funds website can provide the most up-to-date information on dividend payments and any relevant changes.