Alger Small Cap Focus Fund Class A (AOFAX)

19.50
Net Asset Value
-1.17%
1 Day
+29.91%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.25
Sales Expenses
1.22%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. 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. Both indexes are broad-based indexes of small capitalization stocks.

Performance

1 month+9.61% 3 years+19.04%
3 months+19.50% 5 years+18.08%
1 year+44.47% Since inception+11.11%
Data through --

Peer Comparisonvs. Small growth

 AOFAXCategory
Performance 5-yr return+18.08%+11.88%
Expense ratio1.22%1.26%
Risk 5 year sharpe ratio1.080.90
Net assets$1.1B$1.1B
Average market cap$3.2B$3.7B
Average P/E49.526.5
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureAmy Zhang / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock95.89%
International stock2.81%
Cash1.30%
Fixed income0.01%
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
VEEV Veeva Systems Inc4.11%
QDEL Quidel Corp3.93%
PODD Insulet Corp3.88%
ABMD Abiomed Inc3.83%
CMD Cantel Medical Corp2.96%
TYL Tyler Technologies Inc2.73%
TECH Bio-Techne Corp2.67%
OSUR OraSure Technologies Inc2.65%
GWRE Guidewire Software Inc2.61%
NEOG Neogen Corp2.50%