Alger Growth Opportunities Fund Class Z (AGOZX)

10.98
Net Asset Value
+0.27%
1 Day
+0.27%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
2.38%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests primarily in the stock of small, fast-growing companies that Fred Alger Management, Inc. believes offer innovative products, services or technologies to a rapidly-expanding marketplace. Although it may invest without limit in companies of any size, the fund focuses on companies that, at the time of purchase of the securities, have a total market capitalization not exceeding the highest market capitalization of companies included in the Russell 2500 Growth Index, as reported by the index as of the most recent quarter-end. It can also invest in derivative instruments.

Performance

1 month-0.18% 3 years+15.53%
3 months+6.35% 5 years--
1 year-0.38% Since inception+11.26%
Data through --

Peer Comparisonvs. Small growth

 AGOZXCategory
Performance 5-yr return--+15.53%
Expense ratio2.38%1.39%
Risk 5 year sharpe ratio0.890.90
Net assets$14.7M$793.8M
Average market cap$3.6B$2.9B
Average P/E27.226.6
Portfolio turnover92%92%

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Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureJill Greenwald / 6 Years
Minimal initial investment$500,000.00
Minimum IRA investment--

Holdings

U.S. stock95.79%
Cash1.95%
Fixed income1.15%
International stock1.10%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 16.26%
Healthcare 15.89%
Consumer service 10.44%
Business service 10.05%
Hardware 8.22%
Top 10 Holdings
Portfolio weighting
CPHD Cepheid1.23%
JAH Jarden Corp1.22%
HAIN Hain Celestial Group Inc1.17%
ACHC Acadia Healthcare Co Inc1.16%
PODD Insulet Corp1.15%
TYL Tyler Technologies Inc1.13%
LOPE Grand Canyon Education Inc1.10%
ALGN Align Technology Inc1.10%
ALSN Allison Transmission Holdings Inc1.10%
MOH Molina Healthcare Inc1.08%

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