Alger Small Cap Focus Fund Class A (AOFAX)

16.83
Net Asset Value
-0.71%
1 Day
+12.13%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.25
Sales Expenses
1.22%
Expense Ratio
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+1.94% 3 years+13.80%
3 months+5.92% 5 years+15.70%
1 year+34.02% Since inception+9.92%
Data through --

Peer Comparisonvs. Small growth

 AOFAXCategory
Performance 5-yr return+15.70%+11.88%
Expense ratio1.22%1.27%
Risk 5 year sharpe ratio0.990.87
Net assets$779.9M$1.1B
Average market cap$3.2B$3.4B
Average P/E50.926.7
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. stock94.67%
International stock4.61%
Cash0.71%
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 Inc3.92%
PODD Insulet Corp3.80%
ABMD Abiomed Inc3.42%
STMP Stamps.Com Inc3.38%
QDEL Quidel Corp3.31%
CMD Cantel Medical Corp3.26%
CGNX Cognex Corp2.97%
TYL Tyler Technologies Inc2.89%
GWRE Guidewire Software Inc2.85%
INGN Inogen Inc2.61%