Alger Growth Opportunities Fund Class C (AOFCX)

10.58
Net Asset Value
-2.49%
1 Day
+6.55%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
2.99%
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.

Performance

1 month+4.83% 3 years+17.88%
3 months+2.65% 5 years+14.29%
1 year+11.42% Since inception+7.65%
Data through --

Peer Comparisonvs. Small growth

 AOFCXCategory
Performance 5-yr return+14.29%+15.12%
Expense ratio2.99%1.37%
Risk 5 year sharpe ratio0.850.94
Net assets$29.5M$817.7M
Average market cap$2.1B$2.9B
Average P/E38.328.0
Portfolio turnover92%92%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureAmy Zhang / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock92.53%
Cash5.02%
International stock2.12%
Fixed income0.34%
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
MDSO Medidata Solutions Inc3.29%
NEOG Neogen Corp3.22%
PRO PROS Holdings Inc3.17%
TECH Bio-Techne Corp3.04%
SWI SolarWinds Inc3.03%
PRLB Proto Labs Inc3.00%
DTSI DTS Inc2.85%
BCPC Balchem Corp2.83%
CGNX Cognex Corp2.74%
CMN Cantel Medical Corp2.73%

To view my watchlist

Not a member yet?

Sign up now for a free account