AHSZX: Alger Health Sciences Z

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

AHSZX Alger Health Sciences Z

  • Fund
  • AHSZX
  • Price as of: Nov 20, 2019
  • $28.08 + $0.01 + 0.04%

AHSZX - Profile

Vitals

  • YTD Return 16.4%
  • 3 Yr Annualized Return 23.0%
  • 5 Yr Annualized Return 10.1%
  • Net Assets $196 M
  • Holdings in Top 10 36.8%

52 WEEK LOW AND HIGH

$28.08
$22.36
$29.36

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.84%

SALES FEES

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

BROKERAGE FEES

  • Turnover 89.73%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$500,000

IRA

$500,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Health

Distributions

  • YTD Total Return 16.4%
  • 3 Yr Annualized Total Return 23.0%
  • 5 Yr Annualized Total Return 10.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.32%
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 C. 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 16.4% 6.3% 40.3% 67.52%
1 Yr 2.3% -18.1% 25.8% 69.23%
3 Yr 23.0%* -12.8% 28.3% 1.83%
5 Yr 10.1%* -11.0% 15.5% 5.71%
10 Yr 14.0%* -2.0% 19.2% 13.48%

* Annualized


Return Ranking - Calendar

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.4% -25.3% 21.5% 21.62%
2017 33.6% -10.8% 43.9% 4.59%
2016 -2.9% -31.6% 6.9% 5.66%
2015 N/A -20.4% 13.8% N/A
2014 N/A -5.8% 31.5% N/A

Total Return Ranking - Trailing

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.4% 6.3% 40.3% 67.52%
1 Yr 2.3% -18.1% 28.8% 76.07%
3 Yr 23.0%* -12.8% 28.3% 1.83%
5 Yr 10.1%* -11.0% 17.4% 10.48%
10 Yr 14.0%* -2.0% 19.2% 38.20%

* Annualized


Total Return Ranking - Calendar

Period AHSZX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.4% -25.3% 22.2% 33.33%
2017 37.8% -10.8% 45.8% 4.59%
2016 -2.9% -26.4% 8.7% 5.66%
2015 N/A -16.6% 15.2% N/A
2014 N/A -5.8% 36.7% N/A

NAV & Total Return History

AHSZX - Holdings

Concentration Analysis

AHSZX Category Low Category High AHSZX % Rank
Net Assets 196 M 2.62 M 45.1 B 74.02%
Number of Holdings 107 26 388 22.05%
Net Assets in Top 10 78.8 M 857 K 17.4 B 74.02%
Weighting of Top 10 36.81% 20.8% 75.3% 78.74%

Top 10 Holdings

  1. Merck & Co Inc 6.34%

  2. Novartis AG ADR 4.00%

  3. Vertex Pharmaceuticals Inc 3.70%

  4. Thermo Fisher Scientific Inc 3.69%

  5. Abbott Laboratories 3.67%

  6. DexCom Inc 3.44%

  7. Danaher Corp 3.18%

  8. Insulet Corp 3.09%

  9. GW Pharmaceuticals PLC ADR 2.86%

  10. Tolero Cdr/Rec 2.84%


Asset Allocation

Weighting Return Low Return High AHSZX % Rank
Stocks
95.51% 90.21% 103.54% 93.70%
Other
2.84% -27.41% 3.81% 5.51%
Preferred Stocks
0.84% 0.00% 1.43% 5.51%
Cash
0.81% 0.00% 9.79% 60.63%
Convertible Bonds
0.00% 0.00% 1.54% 70.87%
Bonds
0.00% 0.00% 20.60% 70.08%

Stock Sector Breakdown

Weighting Return Low Return High AHSZX % Rank
Healthcare
89.57% 56.60% 99.67% 91.34%
Technology
2.16% 0.00% 16.35% 25.20%
Real Estate
1.85% 0.00% 5.81% 6.30%
Financial Services
1.19% 0.00% 6.37% 3.94%
Consumer Cyclical
0.46% 0.00% 10.49% 3.94%
Consumer Defense
0.27% 0.00% 33.15% 12.60%
Utilities
0.00% 0.00% 0.00% 66.93%
Industrials
0.00% 0.00% 2.40% 71.65%
Energy
0.00% 0.00% 0.43% 67.72%
Communication Services
0.00% 0.00% 1.02% 67.72%
Basic Materials
0.00% 0.00% 1.66% 78.74%

Stock Geographic Breakdown

Weighting Return Low Return High AHSZX % Rank
US
84.43% 58.43% 99.93% 42.52%
Non US
11.08% 0.00% 39.77% 63.78%

AHSZX - Expenses

Operational Fees

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.10% 4.94% 80.34%
Management Fee 0.59% 0.09% 1.30% 21.26%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 0.40% 8.93%

Sales Fees

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 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 0.75% 2.00% 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.

AHSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 89.73% 0.00% 341.00% 90.68%

AHSZX - Distributions

Dividend Yield Analysis

AHSZX Category Low Category High AHSZX % Rank
Dividend Yield 0.00% 0.00% 4.10% 74.02%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

AHSZX Category Low Category High AHSZX % Rank
Net Income Ratio -0.32% -2.24% 2.12% 59.83%

Capital Gain Distribution Analysis

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

AHSZX - Managers

Daniel C. Chung

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2005

14.09

14.1%

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.


Teresa McRoberts

Manager

Start Date

Tenure

Tenure Rank

Feb 12, 2015

4.72

4.7%

Teresa McRoberts is Senior Vice President, Senior Analyst, and Portfolio Manager. She first joined Alger in 1994. Before rejoining Alger in 2015, Teresa was the portfolio manager at Bienville Health Science Partners, a company she founded. Her previous experience includes health care portfolio manager roles at Galleon Group, Carlyle Blue Wave Partners, and Tribeca Global Management (Citigroup). Prior to that, she returned to Alger in 2001 as Senior Health Care Analyst and Portfolio Manager. Before returning to Alger, she was a portfolio manager and principal at Morgan Stanley. Her prior experience includes working as a health care analyst at Alger, and analyst and corporate finance roles at JP Morgan. Teresa earned her B.A. from Oberlin College and her M.B.A. from Columbia University.


Tenure Analysis

Category Low

0.34

Category High

22.14

Category Average

9.7

Category Mode

19.51