Mutual Funds - Profile

Alger Mid Cap Growth Institutional Fund

US > Mid-Cap > Growth

Rank

Universe Rank

Summary

The fund seeks long-term capital gain by investing in mid-size growth companies in the United States.

The investment process starts with identifying companies that are undergoing positive change in business fundamentals. The research team starts with a list of companies in the benchmark index. The research team is using fundamental analysis to uncover and evaluate companies experiencing high unit volume growth and positive changes in product cycle and market dynamics.

The fund looks for companies benefitting from new regulations, a new product innovation or new management.

More

Price

  • Last Close
  • $22.14
    +0.71
  • 52 Week HL
  • $44.78 - $21.43
  • Net Assets
  • $49.83 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Sector Allocation
Mar 31, 2021

Top 10 Holdings
Mar 31, 2021

Company Holding
Crown Castle 2.26
Bio-Techne Corporation 1.87
Pinterest, Inc. 1.85
US Foods 1.79
Heico Corporation 1.74
Company Holding
Veeva Systems 1.70
Forte Biosciences 1.70
SolarEdge Technologies, 1.70
Lam Research 1.61
KLA Corporation 1.60
Total 17.82%

Manager

  • Name
  • Daniel C. Chung
  • Leadership
  • Single Manager
  • Tenure
  • 2003
  • Advisor

Documents

  • Prospectus
  • Annual Reports

Performance
-14.6 % YTD

  • 3 Year
  • -26.06%
  • 5 Year
  • 2.55%
  • Best
  • 46.6%
    2020
  • Worst
  • -40.93%
    2021

Returns +
A

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
ALMZX -16%12%35%34%-6%24%6%-1%0%0%0%
S&P 500 -8%27%16%29%-6%19%10%-1%11%30%13%

Returns +
Q

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 -10.9% 2.6% -15.3% 20.4% 1.6% 10.6% - - - - -
Q2 - 6.3% 34.3% 5.6% 9.7% 5% -100% - - - -
Q3 - 1.3% 20.9% -4.4% 8.9% 5.5% -100% - - - -
Q4 - -46.5% 6.6% -2.8% -21.2% 5.6% 3.2% - - - -

Returns +
M

J F M A M J J A S O N D
2022 -14.6% - - - - - - - - - - -
2021 3.1% 3.5% -3.8% 4.3% -3.8% 6% -0.4% 5% -3.1% 4.8% -4.2% -46.8%

Annual
Return

Index Comparison

Alpha

NAV