Castle Convertible Fund Inc. is a closed-ended balanced mutual fund launched and managed by Fred Alger Management, Inc. It invests in the public equity and fixed-income markets of the United States. The fund primarily invests growth stocks of companies operating across diversified sectors and in convertible debt and convertible preferred securities. The fund benchmarks the performance of its equity portfolio against the S&P 500 Index and fixed income against The Merrill Lynch All-Convertible Index. Castle Convertible Fund Inc was formed on November 1, 1971 and is domiciled in the United States.