Mutual Funds - Profile

Alger Mid Cap Growth Fund

US > Mid-Cap > Growth

Rank

Universe Rank

Summary

The fund invests in mid cap comapnies with a track record of growth and these companies are estimated to maintain or accelerate the current growth pattern.

Investment process is fundamental research driven and managers are looking to invest in companies that have market cap of at least $10 billion. 

Top 10 holdings have about 20% of fund's asset. Fund holdings may be viewed expensive on a traditional price-to-earnings ratio and at times holdings may be more volatile than the broader market indexes. 

More

Price

  • Last Close
  • $24.35
    +0.21
  • 52 Week HL
  • $25.99 - $17.82
  • Net Assets
  • $24.56 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Sector Allocation
Mar 31, 2021

Top 10 Holdings
Mar 31, 2021

Company Holding
Crown Castle 2.24
Bio-Techne Corporation 1.86
Pinterest, Inc. 1.84
US Foods 1.82
Heico Corporation 1.73
Company Holding
Veeva Systems 1.70
KLA Corporation 1.69
SolarEdge Technologies, 1.69
Lam Research 1.61
Roku, Inc. 1.57
Total 17.75%

Manager

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

Documents

  • Prospectus
  • Annual Reports

Performance
11.3 % YTD

  • 3 Year
  • 75.41%
  • 5 Year
  • 149.16%
  • Best
  • 49%
    2020
  • Worst
  • -7.09%
    2018

Returns +
A

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
AMCZX 9%35%34%-6%24%6%-1%0%0%0%0%
S&P 500 16%16%29%-6%19%10%-1%11%30%13%0%

Returns +
Q

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 2.1% -15.1% 20.5% 1.7% 10.6% -4.5% - - - - -
Q2 6% 34.3% 5.6% 9.7% 5.1% 0.9% -0.9% - - - -
Q3 6.2% 20.2% -4.5% 9.2% 5.5% 5.4% -12.8% - - - -
Q4 1.6% 8.7% -2.6% -21.1% 5.7% -0.5% 4.5% - - - -

Returns +
M

J F M A M J J A S O N D
2021 2.5% 3.6% -3.9% 4% -3.8% 5.9% -0.3% 4.9% 1.6% -1.6% - -
2020 3.2% -4.9% -13.5% 15.9% 9.3% 6.1% 9.7% 6% 3.3% -1.5% 14.4% -3.5%

Annual Return

Index Comparison

Alpha

NAV