Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
14.8%
1 yr return
14.5%
3 Yr Avg Return
-8.0%
5 Yr Avg Return
0.4%
Net Assets
$1.35 B
Holdings in Top 10
35.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.48%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 56.71%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AOFAX - Profile
Distributions
- YTD Total Return 14.8%
- 3 Yr Annualized Total Return -8.0%
- 5 Yr Annualized Total Return 0.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.98%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAlger Small Cap Focus Fund
-
Fund Family NameAlger Family of Funds
-
Inception DateMar 03, 2008
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAmy Zhang
Fund Description
AOFAX - Performance
Return Ranking - Trailing
Period | AOFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.8% | -2.6% | 70.6% | 42.04% |
1 Yr | 14.5% | -0.9% | 65.7% | 42.78% |
3 Yr | -8.0%* | -15.4% | 60.0% | 97.56% |
5 Yr | 0.4%* | -4.3% | 45.5% | 99.41% |
10 Yr | 7.4%* | 1.3% | 24.7% | 79.79% |
* Annualized
Return Ranking - Calendar
Period | AOFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.6% | -20.5% | 54.6% | 78.81% |
2022 | -37.7% | -82.1% | 32.2% | 82.55% |
2021 | -20.0% | -90.6% | 300.1% | 84.34% |
2020 | 53.2% | -63.0% | 127.9% | 11.15% |
2019 | 21.2% | -7.7% | 42.9% | 55.94% |
Total Return Ranking - Trailing
Period | AOFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.8% | -2.6% | 70.6% | 42.04% |
1 Yr | 14.5% | -0.9% | 65.7% | 42.78% |
3 Yr | -8.0%* | -15.4% | 60.0% | 97.56% |
5 Yr | 0.4%* | -4.3% | 45.5% | 99.41% |
10 Yr | 7.4%* | 1.3% | 24.7% | 79.79% |
* Annualized
Total Return Ranking - Calendar
Period | AOFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.6% | -19.0% | 136.8% | 87.36% |
2022 | -37.7% | -59.9% | 44.3% | 91.56% |
2021 | -14.3% | -22.7% | 411.9% | 99.62% |
2020 | 53.2% | 1.5% | 150.8% | 23.87% |
2019 | 24.1% | 5.5% | 55.3% | 80.89% |
NAV & Total Return History
AOFAX - Holdings
Concentration Analysis
AOFAX | Category Low | Category High | AOFAX % Rank | |
---|---|---|---|---|
Net Assets | 1.35 B | 209 K | 34.3 B | 37.04% |
Number of Holdings | 52 | 7 | 1226 | 86.11% |
Net Assets in Top 10 | 462 M | 53.8 K | 3.02 B | 33.33% |
Weighting of Top 10 | 35.26% | 7.5% | 100.0% | 15.21% |
Top 10 Holdings
- RBC Bearings Inc 5.34%
- Guidewire Software Inc 3.89%
- Wingstop Inc 3.77%
- PROS Holdings Inc 3.63%
- Natera Inc 3.47%
- Bio-Techne Corp 3.33%
- Clearwater Analytics Holdings Inc 3.22%
- Q2 Holdings Inc 2.97%
- Appfolio Inc 2.84%
- Altair Engineering Inc 2.82%
Asset Allocation
Weighting | Return Low | Return High | AOFAX % Rank | |
---|---|---|---|---|
Stocks | 98.76% | 92.05% | 107.62% | 33.52% |
Cash | 2.58% | 0.00% | 28.78% | 40.56% |
Preferred Stocks | 0.00% | 0.00% | 4.59% | 31.48% |
Other | 0.00% | -0.26% | 6.70% | 45.74% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 22.22% |
Bonds | 0.00% | 0.00% | 2.40% | 23.89% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AOFAX % Rank | |
---|---|---|---|---|
Healthcare | 39.36% | 0.00% | 47.90% | 1.11% |
Technology | 26.42% | 2.91% | 75.51% | 40.74% |
Industrials | 17.15% | 0.00% | 36.64% | 50.74% |
Energy | 6.88% | 0.00% | 55.49% | 8.89% |
Consumer Cyclical | 6.20% | 0.00% | 24.04% | 94.63% |
Financial Services | 1.95% | 0.00% | 42.95% | 94.26% |
Consumer Defense | 1.48% | 0.00% | 13.56% | 89.63% |
Communication Services | 0.56% | 0.00% | 15.31% | 77.78% |
Utilities | 0.00% | 0.00% | 5.57% | 46.48% |
Real Estate | 0.00% | 0.00% | 15.31% | 77.41% |
Basic Materials | 0.00% | 0.00% | 9.24% | 88.15% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AOFAX % Rank | |
---|---|---|---|---|
US | 98.76% | 17.30% | 107.62% | 29.07% |
Non US | 0.00% | 0.00% | 77.12% | 39.44% |
AOFAX - Expenses
Operational Fees
AOFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.48% | 0.05% | 23.20% | 27.64% |
Management Fee | 0.75% | 0.05% | 1.62% | 35.06% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 34.92% |
Administrative Fee | 0.03% | 0.01% | 0.40% | 6.28% |
Sales Fees
AOFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 3.50% | 5.75% | 75.00% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AOFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 24.37% |
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.
AOFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 56.71% | 3.00% | 264.00% | 52.85% |
AOFAX - Distributions
Dividend Yield Analysis
AOFAX | Category Low | Category High | AOFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.91% | 36.67% |
Dividend Distribution Analysis
AOFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
AOFAX | Category Low | Category High | AOFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.98% | -2.47% | 1.10% | 72.10% |
Capital Gain Distribution Analysis
AOFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2021 | $1.802 | CapitalGainLongTerm |
Dec 18, 2019 | $0.194 | OrdinaryDividend |
Dec 18, 2019 | $0.305 | CapitalGainLongTerm |
Dec 18, 2018 | $0.147 | CapitalGainLongTerm |
Dec 18, 2014 | $0.981 | CapitalGainLongTerm |
Dec 18, 2012 | $1.371 | CapitalGainLongTerm |
Dec 20, 2011 | $0.878 | CapitalGainLongTerm |
AOFAX - Fund Manager Analysis
Managers
Amy Zhang
Start Date
Tenure
Tenure Rank
Feb 12, 2015
7.3
7.3%
Amy Zhang, CFA is Executive Vice President and Portfolio Manager of the Alger Small Cap Focus, Alger Mid Cap Focus, Alger Mid Cap 40 and Alger Small Cap Growth Strategies. She joined Alger in 2015 and has 26 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, Bloomberg, Business Insider, Investment News, MarketWatch, China Business Network, Xinhua, Forbes, 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 Strategy, including the 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 a board member of the Mulan Club. 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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.17 | 5.25 |