AHSZX: Alger Health Sciences Fund - MutualFunds.com

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Alger Health Sciences Z

AHSZX - Snapshot

Vitals

  • YTD Return 24.2%
  • 3 Yr Annualized Return 17.0%
  • 5 Yr Annualized Return 17.0%
  • Net Assets $280 M
  • Holdings in Top 10 33.2%

52 WEEK LOW AND HIGH

$34.03
$21.45
$34.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

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

BROKERAGE FEES

  • Turnover 148.78%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Health

Compare AHSZX to Popular Health Care Sector Equity

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$33.20

+0.82%

$9.23 B

1.17%

$0.39

16.08%

0.70%

$139.71

+0.36%

$9.00 B

0.15%

$0.21

14.04%

0.46%

$314.16

+1.08%

$8.26 B

0.27%

$0.84

17.29%

0.42%

$25.24

+0.72%

$7.44 B

0.00%

$0.00

14.26%

0.72%

$72.54

+0.53%

$7.33 B

1.47%

$1.06

20.54%

0.71%

AHSZX - Profile

Distributions

  • YTD Total Return 24.2%
  • 3 Yr Annualized Total Return 17.0%
  • 5 Yr Annualized Total Return 17.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Alger Health Sciences Fund
  • Fund Family Name
    Alger
  • Inception Date
    May 28, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Chung

Fund Description

The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that are engaged in the health sciences sector. It can invest in foreign securities.


AHSZX - Performance

Return Ranking - Trailing

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
YTD 24.2% -12.0% 23.1% 8.13%
1 Yr 40.1% 0.0% 42.1% 30.00%
3 Yr 17.0%* -13.6% 17.6% 11.54%
5 Yr 17.0%* -11.1% 13.5% 13.13%
10 Yr 16.4%* -2.1% 16.5% 12.90%

* Annualized

Return Ranking - Calendar

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
2019 14.3% 5.7% 55.4% 82.73%
2018 -1.4% -25.3% 21.5% 22.12%
2017 33.6% -10.8% 43.9% 4.90%
2016 -2.9% -31.6% 6.9% 6.06%
2015 N/A -20.4% 13.8% N/A

Total Return Ranking - Trailing

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
YTD 24.2% -12.0% 23.1% 8.13%
1 Yr 40.1% 0.0% 42.1% 30.00%
3 Yr 17.0%* -13.6% 20.6% 11.54%
5 Yr 17.0%* -11.1% 18.3% 18.18%
10 Yr 16.4%* -2.1% 18.7% 32.26%

* Annualized

Total Return Ranking - Calendar

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
2019 14.3% 5.7% 55.4% 82.73%
2018 -1.4% -25.3% 22.2% 34.62%
2017 37.8% -10.8% 45.8% 4.90%
2016 -2.9% -24.2% 8.7% 6.06%
2015 N/A -16.6% 15.2% N/A

NAV & Total Return History


AHSZX - Holdings

Concentration Analysis

AHSZX Category Low Category High AHSZX % Rank
Net Assets 280 M 2.42 M 49.6 B 62.79%
Number of Holdings 115 27 433 22.48%
Net Assets in Top 10 104 M 784 K 18.8 B 62.79%
Weighting of Top 10 33.17% 23.7% 75.9% 74.42%

Top 10 Holdings

  1. DexCom Inc 4.16%
  2. UnitedHealth Group Inc 3.85%
  3. Danaher Corp 3.82%
  4. Vertex Pharmaceuticals Inc 3.63%
  5. Thermo Fisher Scientific Inc 3.42%
  6. AbbVie Inc 3.36%
  7. Eli Lilly and Co 3.35%
  8. Sarepta Therapeutics Inc 2.73%
  9. AstraZeneca PLC ADR 2.43%
  10. Regeneron Pharmaceuticals Inc 2.41%

Asset Allocation

Weighting Return Low Return High AHSZX % Rank
Stocks
95.06% 61.47% 100.23% 64.34%
Cash
2.79% -0.23% 32.46% 75.19%
Other
1.93% -3.74% 6.07% 10.08%
Preferred Stocks
0.23% 0.00% 6.63% 11.63%
Convertible Bonds
0.00% 0.00% 0.00% 56.59%
Bonds
0.00% 0.00% 0.06% 57.36%

Stock Sector Breakdown

Weighting Return Low Return High AHSZX % Rank
Healthcare
99.45% 73.33% 100.00% 64.34%
Financial Services
0.55% 0.00% 2.43% 10.08%
Utilities
0.00% 0.00% 0.00% 56.59%
Technology
0.00% 0.00% 20.28% 63.57%
Real Estate
0.00% 0.00% 2.13% 58.91%
Industrials
0.00% 0.00% 6.39% 57.36%
Energy
0.00% 0.00% 0.00% 56.59%
Communication Services
0.00% 0.00% 3.18% 59.69%
Consumer Defense
0.00% 0.00% 1.05% 62.02%
Consumer Cyclical
0.00% 0.00% 1.12% 62.79%
Basic Materials
0.00% 0.00% 2.61% 66.67%

Stock Geographic Breakdown

Weighting Return Low Return High AHSZX % Rank
US
80.86% 47.91% 99.43% 28.68%
Non US
14.20% 0.00% 43.93% 68.22%

AHSZX - Expenses

Operational Fees

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.10% 25.14% 82.54%
Management Fee 0.55% 0.00% 1.25% 17.05%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.03% 0.40% 6.98%

Sales Fees

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 148.78% 0.70% 248.00% 94.40%

AHSZX - Distributions

Dividend Yield Analysis

AHSZX Category Low Category High AHSZX % Rank
Dividend Yield 0.00% 0.00% 0.05% 58.14%

Dividend Distribution Analysis

AHSZX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

AHSZX Category Low Category High AHSZX % Rank
Net Income Ratio 0.02% -2.53% 2.12% 40.94%

Capital Gain Distribution Analysis

AHSZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

AHSZX - Fund Manager Analysis

Managers

Daniel Chung


Start Date

Tenure

Tenure Rank

Oct 01, 2005

15.01

15.0%

Dan Chung, CFA is Chief Executive Officer, Chief Investment Officer and Portfolio Manager of several Alger strategies. Dan joined Alger in 1994 and has 25 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 Category High Category Average Category Mode
0.01 22.98 8.6 20.35