Alger Focus Equity C (ALCFX)
35.09
-1.01 (-2.80%)
USD |
Jun 28 2022
Returns Chart
Key Stats
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| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.68% | 1.056B | 0.00% | 107.8% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 139.11M | -29.01% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The advisor intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally differ from this number for a variety of reasons. The fund may engage in active trading of portfolio securities. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ALGRX |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Growth |
| Category Index | Russell 1000 Growth TR USD |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| Russell 1000 Growth TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Patrick Kelly | 9.50 yrs |
| Ankur Crawford | 1.17 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
11
139.11M
-17.13B
Category Low
21.47B
Category High
3 Months
% Rank:
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3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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As of May 31, 2022
Performance Versus Category
As of June 28, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 28, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Microsoft Corp | 11.79% | 260.25 | 1.47% |
| Amazon.com Inc | 7.63% | 108.88 | 1.38% |
| Apple Inc | 5.95% | 139.29 | 1.35% |
| Alphabet Inc Class C | 4.97% | 2245.46 | -0.27% |
| Intuit Inc | 4.14% | 389.62 | 0.86% |
| UnitedHealth Group Inc | 4.10% | 515.58 | 1.40% |
| NVIDIA Corp | 4.09% | 155.39 | -2.77% |
| Visa Inc Class A | 3.56% | 199.43 | 0.66% |
| Advanced Micro Devices Inc | 3.09% | 78.01 | -3.43% |
| MGM Resorts International | 2.69% | 29.17 | -2.38% |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The advisor intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally differ from this number for a variety of reasons. The fund may engage in active trading of portfolio securities. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ALGRX |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Growth |
| Category Index | Russell 1000 Growth TR USD |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| Russell 1000 Growth TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Patrick Kelly | 9.50 yrs |
| Ankur Crawford | 1.17 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (6-28-22) | 0.00% |
| 30-Day SEC Yield (2-1-21) | Upgrade |
| 7-Day SEC Yield (6-28-22) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 30.48 |
| 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 March 31, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 12/31/2012 |
| Last Annual Report Date | 10/31/2021 |
| Last Prospectus Date | 3/1/2022 |
| Share Classes | |
| ALAFX | A |
| ALGRX | Inst |
| ALGYX | Inst |
| ALZFX | Inst |
| Attributes | |
| Enhanced Index Fund | No |
| 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 |