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Mutual Funds Weekly Roundup: August 2
Brian Mathews
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| Period | ALARX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.5% | -91.6% | 86.2% | 16.43% |
| 1 Yr | 26.7% | -92.0% | 115.1% | 23.94% |
| 3 Yr | 10.6%* | -59.0% | 39.7% | 33.98% |
| 5 Yr | 10.1%* | -41.4% | 33.3% | 28.76% |
| 10 Yr | 9.0%* | -18.4% | 17.5% | 38.49% |
* Annualized
| Period | ALARX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 20.5% | -67.9% | 49.9% | 67.57% |
| 2018 | -11.7% | -65.5% | 10.6% | 46.22% |
| 2017 | 22.8% | -46.3% | 52.2% | 28.83% |
| 2016 | -0.3% | -56.6% | 15.3% | 49.07% |
| 2015 | -1.3% | -82.5% | 11.4% | 35.59% |
| Period | ALARX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.5% | -91.6% | 86.2% | 16.43% |
| 1 Yr | 26.7% | -92.0% | 115.1% | 23.94% |
| 3 Yr | 17.4%* | -57.9% | 39.7% | 16.19% |
| 5 Yr | 16.1%* | -38.8% | 33.3% | 15.33% |
| 10 Yr | 15.6%* | -17.0% | 21.6% | 9.69% |
* Annualized
| Period | ALARX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 20.5% | -67.9% | 49.9% | 67.73% |
| 2018 | -0.8% | -65.5% | 16.5% | 16.54% |
| 2017 | 31.1% | -28.2% | 52.2% | 21.04% |
| 2016 | 0.5% | -56.6% | 17.1% | 65.86% |
| 2015 | 6.4% | -38.0% | 17.3% | 18.60% |
| ALARX | Category Low | Category High | ALARX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.11 B | 818 K | 235 B | 32.64% |
| Number of Holdings | 76 | 2 | 2263 | 39.44% |
| Net Assets in Top 10 | 1.85 B | 399 K | 71.6 B | 30.47% |
| Weighting of Top 10 | 51.46% | 13.5% | 100.0% | 17.56% |
| Weighting | Return Low | Return High | ALARX % Rank | |
|---|---|---|---|---|
| Stocks | 95.62% | 60.93% | 103.32% | 86.31% |
| Cash | 4.20% | -5.73% | 39.07% | 11.45% |
| Preferred Stocks | 0.18% | 0.00% | 2.55% | 7.35% |
| Other | 0.00% | -1.64% | 18.70% | 92.34% |
| Convertible Bonds | 0.00% | 0.00% | 6.70% | 92.88% |
| Bonds | 0.00% | -0.48% | 13.73% | 92.73% |
| Weighting | Return Low | Return High | ALARX % Rank | |
|---|---|---|---|---|
| Technology | 32.31% | 4.67% | 54.73% | 45.55% |
| Consumer Cyclical | 20.21% | 0.00% | 44.53% | 13.46% |
| Communication Services | 14.23% | 0.00% | 34.83% | 33.95% |
| Healthcare | 13.90% | 0.00% | 60.93% | 63.50% |
| Financial Services | 12.16% | 0.00% | 41.40% | 33.57% |
| Industrials | 2.88% | 0.00% | 24.88% | 83.29% |
| Real Estate | 1.92% | 0.00% | 22.16% | 45.17% |
| Basic Materials | 1.79% | 0.00% | 13.33% | 37.90% |
| Consumer Defense | 0.59% | 0.00% | 19.15% | 87.08% |
| Utilities | 0.00% | 0.00% | 11.79% | 95.51% |
| Energy | 0.00% | 0.00% | 7.94% | 96.21% |
| Weighting | Return Low | Return High | ALARX % Rank | |
|---|---|---|---|---|
| US | 87.66% | 60.93% | 100.05% | 81.13% |
| Non US | 7.96% | 0.00% | 18.83% | 27.07% |
| ALARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.16% | 0.01% | 24.73% | 43.19% |
| Management Fee | 0.73% | 0.00% | 1.40% | 73.47% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.03% | 0.01% | 1.02% | 7.11% |
| ALARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
| ALARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
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.
| ALARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 80.36% | 0.00% | 464.00% | 80.91% |
| ALARX | Category Low | Category High | ALARX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 19.69% | 93.18% |
| ALARX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Semi-Annually |
| ALARX | Category Low | Category High | ALARX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.21% | -8.87% | 2.43% | 66.95% |
| ALARX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
| Date | Amount |
|---|---|
| Dec 14, 2016 | $0.195 |
| Dec 18, 2013 | $0.009 |
| Dec 18, 2012 | $0.170 |
| Dec 22, 2009 | $0.032 |
| Dec 20, 2005 | $0.004 |
Start Date
Tenure
Tenure Rank
Sep 30, 2004
15.93
15.9%
Patrick Kelly, CFA is Executive Vice President, Portfolio Manager and Head of Alger Capital Appreciation and Spectra Strategies. He is Portfolio Manager of the Alger Capital Appreciation, Alger Capital Appreciation Focus, and Alger Spectra strategies. He joined Alger in 1999 and has 22 years of investment experience. Previously, Patrick was an investment banking analyst with SG Cowen. He began his career at Alger as a Research Associate and completed Alger’s in-house analyst training program. In early 2001, Patrick was promoted to Associate Analyst and Assistant Vice President, and in September of 2001 he was promoted to Senior Analyst, responsible for the Technology sector. Patrick was named portfolio manager of the Alger Capital Appreciation and Alger Spectra strategies in September 2004, and was named as head of the strategies in 2015. He graduated with honors from Georgetown University. Patrick is a CFA charterholder and a member of the CFA Institute.
Start Date
Tenure
Tenure Rank
Jun 01, 2015
5.25
5.3%
Dr. Ankur Crawford is Executive Vice President and Portfolio Manager of the Alger Capital Appreciation, Alger Capital Appreciation Focus, Alger Spectra, and Alger 25 strategies. Dr. Crawford joined Alger in September 2004 and has 15 years of investment experience. She began her career at Alger as a Research Associate and completed Alger’s in-house analyst training program. Over the next several years, Dr. Crawford was promoted to Associate Analyst, Analyst, and then ultimately to Senior Analyst. Dr. Crawford also became a portfolio manager to the Alger Mid Cap Growth strategies in 2010. Additionally, she was Head of the Technology sector team from January 2013 – April 2016. In 2015, Ankur was named a portfolio manager of the Alger Capital Appreciation and Alger Spectra strategies. Prior to joining Alger, she earned a Ph.D. in Materials Science and Engineering from Stanford University. Dr. Crawford was an awardee of the prestigious Intel Corporation Ph.D. Fellowship Program and worked as an engineer with Intel. Previously, she was a summer analyst with Merrill Lynch. She graduated from the University of California, Berkeley, with a B.S. in Mechanical Engineering and a B.S. in Materials Science and Engineering.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 37.28 | 8.34 | 1.34 |
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