ALSCX: Alger Small Cap Growth B

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

ALSCX Alger Small Cap Growth B

  • Fund
  • ALSCX
  • Price as of: Dec 06, 2019
  • $7.08
    + $0.02 + 0.28%

Profile

ALSCX - Profile

Vitals

  • YTD Return 28.0%
  • 3 Yr Annualized Return 10.6%
  • 5 Yr Annualized Return -1.3%
  • Net Assets $159 M
  • Holdings in Top 10 29.2%

52 WEEK LOW AND HIGH

$7.08
$5.05
$7.38

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.23%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 28.68%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of Mar 01, 2013
  • Standard (Taxable) $1,000
  • IRA $500

Fund Classification


Distributions

  • YTD Total Return 28.0%
  • 3 Yr Annualized Total Return 16.6%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Alger Small Cap Growth Fund
  • Fund Family Name
    Alger
  • Inception Date
    Nov 11, 1986
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Amy Y. Zhang

Fund Description

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and (2) the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index.


Get Updates About ALSCX

Sign up for Advisor Access to receive email updates about ALSCX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Performance

ALSCX - Performance

Return Ranking - Trailing

Period ALSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 28.0% -49.8% 453.3% 33.72%
1 Yr 5.0% -65.7% 453.3% 55.54%
3 Yr 10.6%* -45.2% 76.9% 21.47%
5 Yr -1.3%* -32.5% 40.8% 67.48%
10 Yr 3.5%* -12.6% 17.6% 80.45%

* Annualized

Return Ranking - Calendar

Period ALSCX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.6% -67.3% 18.6% 25.77%
2017 25.2% -73.6% 36.1% 11.15%
2016 4.7% -49.0% 133.1% 66.06%
2015 -27.6% -70.7% 8.6% 93.05%
2014 -13.7% -43.5% 76.2% 78.65%

Total Return Ranking - Trailing

Period ALSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 28.0% -49.8% 453.3% 33.72%
1 Yr 23.0% -65.7% 453.3% 10.91%
3 Yr 16.6%* -33.3% 76.9% 11.01%
5 Yr 1.9%* -25.4% 40.8% 77.44%
10 Yr 5.2%* -3.1% 28.4% 87.43%

* Annualized

Total Return Ranking - Calendar

Period ALSCX Return Category Return Low Category Return High Rank in Category (%)
2018 1.2% -67.1% 18.6% 4.98%
2017 25.2% -5.9% 42.0% 25.33%
2016 4.7% -16.4% 133.1% 79.12%
2015 -27.6% -59.6% 19.3% 98.11%
2014 -13.7% -43.5% 76.2% 93.03%

NAV & Total Return History


Holdings

ALSCX - Holdings

Concentration Analysis

ALSCX Category Low Category High ALSCX % Rank
Net Assets 159 M 3.44 M 25.5 B 74.55%
Number of Holdings 81 27 2025 69.37%
Net Assets in Top 10 43.1 M 369 K 2.45 B 68.56%
Weighting of Top 10 29.18% 5.3% 66.6% 13.94%

Top 10 Holdings

  1. Insulet Corp 4.24%
  2. Veeva Systems Inc Class A 4.11%
  3. Bio-Techne Corp 3.17%
  4. Medidata Solutions Inc 3.15%
  5. Avalara Inc 2.88%
  6. Neogen Corp 2.62%
  7. Quidel Corp 2.55%
  8. Proofpoint Inc 2.26%
  9. Shopify Inc A 2.11%
  10. Blackbaud Inc 2.09%

Asset Allocation

Weighting Return Low Return High ALSCX % Rank
Stocks
91.35% 87.30% 103.64% 93.84%
Cash
8.22% -3.64% 16.59% 4.70%
Other
0.37% -12.04% 8.33% 11.67%
Preferred Stocks
0.07% 0.00% 4.06% 10.37%
Convertible Bonds
0.00% 0.00% 0.00% 14.10%
Bonds
0.00% 0.00% 2.16% 16.86%

Stock Sector Breakdown

Weighting Return Low Return High ALSCX % Rank
Technology
42.42% 2.71% 75.66% 3.08%
Healthcare
26.49% 0.13% 42.90% 15.56%
Consumer Cyclical
12.27% 0.00% 26.97% 54.46%
Consumer Defense
2.80% 0.00% 13.60% 78.93%
Industrials
2.15% 2.15% 40.13% 99.68%
Basic Materials
1.79% 0.00% 9.80% 70.83%
Financial Services
1.70% -0.42% 23.28% 95.95%
Energy
1.56% 0.00% 5.19% 27.23%
Utilities
0.00% 0.00% 7.58% 45.71%
Real Estate
0.00% 0.00% 12.87% 82.66%
Communication Services
0.00% 0.00% 12.31% 69.04%

Stock Geographic Breakdown

Weighting Return Low Return High ALSCX % Rank
US
88.52% 80.33% 103.64% 86.87%
Non US
2.83% 0.00% 14.36% 40.03%

Expenses

ALSCX - Expenses

Operational Fees

ALSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.23% 0.06% 11.85% 9.75%
Management Fee 0.81% 0.05% 1.59% 49.92%
12b-1 Fee 1.00% 0.00% 1.00% 84.20%
Administrative Fee 0.03% 0.00% 0.70% 5.83%

Sales Fees

ALSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 5.00% 1.00% 5.00% 1.30%

Trading Fees

ALSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 9.76%

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.

ALSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.68% 6.00% 474.00% 17.62%

Distributions

ALSCX - Distributions

Dividend Yield Analysis

ALSCX Category Low Category High ALSCX % Rank
Dividend Yield 0.00% 0.00% 0.87% 22.37%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ALSCX Category Low Category High ALSCX % Rank
Net Income Ratio -1.90% -2.40% 0.96% 99.01%

Capital Gain Distribution Analysis

ALSCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ALSCX - Fund Manager Analysis

Managers

Amy Y. Zhang


Start Date

Tenure

Tenure Rank

Feb 12, 2015

4.8

4.8%

Amy Zhang is Senior Vice President and Portfolio Manager of the Alger Small Cap Focus, Alger Mid Cap Focus and Alger Small Cap Growth strategies. She joined Alger in 2015 and has 24 years of investment experience. Additionally, Amy is a member of The Alger Partners Plan. During her tenure at Alger, she has been featured and quoted in a number of publications such as: The Wall Street Journal, Barron’s, The New York Times, Citywire, Investor’s Business Daily, Business Insider, Investment News, MarketWatch, China Business News, CNBC, and CNN. Prior to joining Alger, Amy worked at Brown Capital Management as a Partner, Managing Director, and Senior Portfolio Manager of its Brown Capital Small Company Fund. Her previous experience includes working as a Portfolio Manager/Analyst at Epsilon Investment Management, Research Analyst at Templeton Worldwide, and Associate at Citicorp Securities. She is a former President of the CFA Society Baltimore and is currently chair of their Advisory Board. She served as a member on the Board of Directors, as well as Vice President and Programs Chair for the CFA Society of Stamford. Amy is also a member of the Board of Trustees of Manhattanville College, where she founded the AYZ STEM scholarship. Amy earned her B.A. from Manhattanville College, where she graduated summa cum laude. She earned her M.B.A. from Columbia Business School, where she was inducted into the Beta Gamma Sigma honor society and named to the Dean’s List. Amy is a CFA charterholder and a member of the CFA Institute.

Daniel C. Chung


Start Date

Tenure

Tenure Rank

Jan 11, 2016

3.89

3.9%

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
0.0 28.34 7.82 2.75