| Business Summary | | Castle
Convertible
Fund,
Inc.
is
registered
under
the
Investment
Company
Act
of
1940
as
a
diversified,
closed-end
management
investment
company.
The
Company's
investment
adviser
is
Fred
Alger
Management,
Inc.
The
Company
has
scheduled
investment
in
various
industries
that
include
business
services,
communications,
computer
related
and
business
equipment,
energy,
manufacturing,
printing,
retailing,
semiconductors,
building
and
contraction,
financial
services,
food
and
beverages,
packaging
products,
railroads,
raw
materials,
real
estate,
and
utilities.
During
the
six
months
ended
April
30,
2000,
purchases
and
sales
of
investment
securities,
excluding
short-term
securities,
aggregated
$23.7
million
and
$26.8
million,
respectively. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Castle
Convertible
Fund,
Inc.
is
a
diversified,
closed-end
management
investment
company.
The
Fund's
investment
advisor
is
Fred
Alger
Management.
For
the
six
months
ended
4/30/01,
total
income
totalled
$1.8
million.
Net
investment
income
totalled
$1.4
million.
Net
increase
in
assets
resulting
from
operations
totalled
$3.3
million.
Net
asset
value
per
share
rose
from
$28.22
on
10/31/00,
to
$28.37
on
4/30/01. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Fred Alger, III, 64 | Chairman | David Alger, 55 | Pres | Gregory Duch, 48 | Treasurer | Mary Marsden-Cochran, 46 | Sec. | Frederick Blum, 44 | Assistant
Sec. and Assistant Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|