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AAGOX Alger Large Cap Growth I-2

  • Fund
  • AAGOX
  • Price as of: Jun 18, 2018
  • $73.48
  • + $0.23
  • + 0.31%
  • Category
  • Large Cap Growth Equities

AAGOX - Profile

Vitals

  • YTD Return 19.3%
  • 3 Yr Annualized Return 10.8%
  • 5 Yr Annualized Return 14.7%
  • Net Assets $296 M
  • Holdings in Top 10 36.2%

52 WEEK LOW AND HIGH

$73.48
$60.42
$73.48

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 225.52%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$500,000

IRA

N/A

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 19.3%
  • 3 Yr Annualized Total Return 10.8%
  • 5 Yr Annualized Total Return 14.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.07%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Alger Large Cap Growth Portfolio Fund
  • Fund Family Name Alger
  • Inception Date Jan 06, 1989
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Daniel C. Chung

Fund Description

The fund focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.

AAGOX - Performance

Return Ranking - Trailing

Period AAGOX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 19.3% -100.0% 568.9% 4.24% 1
1 Yr 24.2% -52.0% 75.7% 10.88% 1
3 Yr 10.8% * -15.1% 30.2% 14.80% 1
5 Yr 14.7% * -2.6% 21.2% 6.39% 1
10 Yr 8.7% * 1.7% 14.2% 12.54% 1

* Annualized


Return Ranking - Calendar

Period AAGOX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 17.0% -52.0% 104.4% 43.45% 3
2016 -1.2% -56.6% 121.2% 48.56% 3
2015 -9.3% -41.2% 42.9% 75.58% 5
2014 -6.4% -30.1% 45.5% 83.38% 5
2013 34.1% -13.0% 56.4% 15.76% 1

Total Return Ranking - Trailing

Period AAGOX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 19.3% -100.0% 568.9% 4.25% 1
1 Yr 24.2% -71.3% 2606.2% 10.78% 1
3 Yr 10.8% * -21.9% 43.7% 21.08% 2
5 Yr 14.7% * -3.8% 21.2% 27.78% 2
10 Yr 8.7% * 1.1% 14.2% 60.25% 4

* Annualized


Total Return Ranking - Calendar

Period AAGOX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 17.0% -43.6% 104.4% 43.64% 3
2016 -1.2% -56.6% 126.1% 58.38% 4
2015 2.2% -41.2% 382.6% 61.23% 4
2014 15.4% -10.0% 615.0% 30.44% 2
2013 57.1% -100.0% 357.8% 19.81% 1

NAV & Total Return History

AAGOX - Holdings

Filings data as of: Mar 31, 2018

Concentration Analysis

AAGOX Category Low Category High AAGOX % Rank Quintile
Net Assets 296 M 373 K 188 B 21.66% 4
Number of Holdings 81 1 2038 9.00% 2
Net Assets in Top 10 98.8 M 0 47.4 B 22.37% 4
Weighting of Top 10 36.2% 0.0% 150.9% 16.13% 3

Top 10 Holdings

  1. Apple Inc 3.32%
  2. Facebook Inc A 5.33%
  3. Alphabet Inc C 3.94%
  4. Amazon.com Inc 5.69%
  5. Visa Inc Class A 2.94%
  6. Abiomed Inc 2.30%
  7. Alger 25 P 2.72%
  8. Intuitive Surgical Inc 2.35%
  9. Microsoft Corp 5.14%
  10. Netflix Inc 2.40%

Asset Allocation

Weighting Category Low Category High AAGOX % Rank Quintile
Stocks
98.21% 0.00% 105.74% 9.77% 3
Cash
1.37% -5.74% 100.00% 14.85% 3
Preferred Stocks
0.37% 0.00% 9.84% 2.44% 1
Other
0.05% -2.76% 24.55% 5.53% 2
Convertible Bonds
0.00% 0.00% 3.20% 1.22% 5
Bonds
0.00% 0.00% 69.83% 3.66% 5

Stock Sector Breakdown

Weighting Category Low Category High AAGOX % Rank Quintile
Technology
38.96% -1.29% 55.68% 1.74% 1
Healthcare
18.20% -1.03% 96.96% 5.33% 1
Consumer Cyclical
15.39% -2.22% 37.23% 16.45% 3
Financial Services
12.05% -2.38% 40.03% 17.35% 3
Industrials
8.56% -0.37% 25.87% 19.79% 4
Basic Materials
2.70% -1.18% 16.24% 11.44% 3
Real Estate
1.73% -0.04% 11.06% 8.23% 2
Consumer Defense
0.51% -1.43% 21.04% 26.48% 5
Utilities
0.00% -0.18% 10.33% 9.51% 5
Energy
0.00% -1.24% 16.17% 22.37% 5
Communication Services
0.00% 0.00% 12.93% 19.67% 5

Stock Geographic Breakdown

Weighting Category Low Category High AAGOX % Rank Quintile
US
97.98% 0.00% 103.99% 4.18% 1
Non US
0.23% -0.63% 91.90% 27.76% 5

AAGOX - Expenses

Operational Fees

AAGOX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.88% 0.00% 37.77% 13.71% 2
Management Fee 0.71% 0.00% 1.44% 2.38% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.03% 0.00% 1.01% 4.21% 1

Sales Fees

AAGOX Fees (% of AUM) Category Low Category High AAGOX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

AAGOX Fees (% of AUM) Category Low Category High AAGOX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AAGOX Fees (% of AUM) Category Low Category High AAGOX Rank Quintile
Turnover 225.52% 0.00% 610.00% 0.71% 5

AAGOX - Distributions

Dividend Yield Analysis

AAGOX Category Low Category High AAGOX % Rank Quintile
Dividend Yield 0.4% 0.00% 2.83% 4.79% 1

Dividend Distribution Analysis

AAGOX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AAGOX Category Low Category High AAGOX % Rank Quintile
Net Income Ratio -0.07% -13.37% 3.70% 11.20% 3

Capital Gain Distribution Analysis

AAGOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

AAGOX - Managers

Daniel C. Chung

Manager

Start Date

Sep 30, 2001

Tenure

16.68

Tenure Rank

1.8%

Daniel C. Chung, CFA Chief Executive Officer, Chief Investment Officer, Portfolio Manager Dan Chung, CFA is Chief Executive Officer, Chief Investment Officer and Portfolio Manager of several Alger strategies. Dan joined Alger in 1994 and has 23 years of investment experience. He was named Chief Investment Officer in September 2001, President in 2003, and CEO in 2006. Dan graduated from Stanford University with B.A. and B.S. degrees, with Distinction and Phi Beta Kappa, in 1984. He earned his J.D. magna cum laude from Harvard Law School in 1987, where he was an editor of the Harvard Law Review. After law school, he served as law clerk for the Honorable Justice Anthony M. Kennedy, United States Supreme Court. He joined Simpson Thacher & Bartlett LLP in New York City in 1989 and earned an L.L.M. from New York University. Dan is a CFA charterholder and a member of the CFA Institute. Throughout his tenure at Alger, Dan has made numerous TV appearances on Bloomberg, CNBC, and Fox Business. Dan has also been featured and quoted frequently in Barron’s, Citywire, Forbes, Investment News, Pensions & Investments, USA Today, and the Wall Street Journal.


Tenure Analysis

Category Low

0.0

Category High

50.4

Category Average

7.61

Category Mode

0.1