20.62 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 20.62
Category Mid-Cap Growth
Net Assets 137.11 Mil
Yield 0.00%
Morningstar Risk High
Morningstar Return Average
  • Last NAV update 4/17/2014 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 $10,000
  2010 2011 2012 2013 2014
Return 19.32% -7.75% 16.24% 36.21% -0.34%
Value ($) 11,931.90 11,007.60 12,795.58 17,428.61 17,369.64
  • Year to date performance as of 4/17/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Alger
Fund Manager Ankur Crawford
Tenure (Years) 3
Fund Status Open
Minimum Initial Purchase 0.00
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 1.29%
PERFORMANCE
Symbol Value ($)
1 Month -4.00%
3 Months -1.06%
1 Year 25.58%
3 Years* 9.70%
5 Years* 18.98%
  • * Annualized returns
  • Performance as of 4/17/2014 12:00 AM ET
PEER COMPARISON
  ALMRX Mid-Cap Growth
5-Yr Return 18.98% 19.29%
Sharpe Ratio 0.68 1.93
Net Assets 137.11 Mil 427.77 Mil
Avg Market Cap 10.23 Bil 8.43 Bil
Avg P/E 19.89 26.15
Portfolio Turnover 154 77
HOLDINGS
Symbol Value ($)
Stocks 98.50%
Cash 1.95%
Fixed Income 0.00%
Other 0.11%
DATA PROVIDERS

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