22.09 Up +0.04 +0.18%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 22.05
Category Mid-Cap Growth
Net Assets 137.14 Mil
Yield 0.00%
Morningstar Risk High
Morningstar Return Average
  • Last NAV update 7/23/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks. It can also invest in derivative instruments.
CUMULATIVE PERFORMANCE OF $10,000
  NA NA NA NA NA
Return NA NA NA NA NA
Value ($) NA NA NA NA NA
  • Year to date performance as of
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Alger
Fund Manager Ankur Crawford
Tenure (Years) 4
Fund Status Open
Minimum Initial Purchase 0.00
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 1.29%
PERFORMANCE
Symbol Value ($)
1 Month -0.05%
3 Months 6.10%
1 Year 20.58%
3 Years* 12.08%
5 Years* 16.74%
  • * Annualized returns
  • Performance as of
PEER COMPARISON
  ALMRX Mid-Cap Growth
5-Yr Return 16.74% 17.80%
Sharpe Ratio 0.80 1.90
Net Assets 137.14 Mil 427.77 Mil
Avg Market Cap 10.97 Bil 8.57 Bil
Avg P/E 19.18 25.95
Portfolio Turnover 154 74
HOLDINGS
Symbol Value ($)
Stocks 97.75%
Cash 2.36%
Fixed Income 0.00%
Other 0.23%
DATA PROVIDERS

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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 1:44 PM ET
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