Alger Dynamic Opportunities C (ADOCX)
14.19
+0.06
(+0.42%)
USD |
Mar 21 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 2.75% | 408.38M | 0.00% | 334.1% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -237.36M | -10.53% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | SPEDX |
| Equity Style | Mid Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Long-Short Equity |
| Category Index | MSCI ACWI NR USD |
| Global Category Name | Long/Short Equity |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Daniel Chung | 13.33 yrs |
| Gregory Adams | 13.33 yrs |
| Daniel Brazeau | 6.00 yrs |
| H. George Dai | 6.00 yrs |
| Joshua Bennett | 6.00 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
98
-237.36M
-267.41M
Category Low
472.43M
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 21, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 21, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| TransDigm Group Inc | 3.53% | 716.46 | 2.36% |
| Waste Connections Inc | 3.08% | 133.33 | -1.60% |
| FirstService Corp Ordinary Shares | 2.33% | 186.04 | -0.11% |
| Casella Waste Systems Inc Class A | 2.23% | 79.23 | -0.80% |
| Montrose Environmental Group Inc Ordinary Shares | 2.05% | 34.67 | 2.70% |
| Heico Corp | 1.88% | 167.82 | 1.62% |
| Amazon.com Inc | 1.67% | 100.61 | 2.97% |
| Apple Inc | 1.63% | 159.28 | 1.19% |
| Signature Bank | 1.58% | 70.00 | 0.00% |
| Progyny Inc | 1.53% | 33.50 | 4.30% |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | SPEDX |
| Equity Style | Mid Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Long-Short Equity |
| Category Index | MSCI ACWI NR USD |
| Global Category Name | Long/Short Equity |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Daniel Chung | 13.33 yrs |
| Gregory Adams | 13.33 yrs |
| Daniel Brazeau | 6.00 yrs |
| H. George Dai | 6.00 yrs |
| Joshua Bennett | 6.00 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-21-23) | 0.00% |
| 30-Day SEC Yield (2-1-21) | Upgrade |
| 7-Day SEC Yield (3-21-23) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 23.08 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 12/29/2010 |
| Last Annual Report Date | 10/31/2022 |
| Last Prospectus Date | 3/1/2023 |
| Share Classes | |
| ADOZX | Inst |
| SPEDX | A |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |