Alger Weatherbie Enduring Growth Z (ALEZX)
8.09
0.00 (0.00%)
USD |
Aug 16 2022
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 0.75% | 4.398M | 0.00% | 17.12% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -- | -- | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of mid-cap growth companies with an ESG rating of medium or better, as rated by Sustainalytics, at the time of purchase. Under normal circumstances, 80% of companies in the fund’s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund adviser intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund adviser will own no more than 30 holdings. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ALEYX |
| Equity Style | Mid Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Mid-Cap Growth |
| Category Index | -- |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| H. George Dai | 0.62 yrs |
| Joshua Bennett | 0.62 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
--
-3.872B
Category Low
2.203B
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 July 31, 2022
Performance Versus Category
As of August 16, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of August 16, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Waste Connections Inc | 9.25% | 143.85 | 0.10% |
| FirstService Corp Ordinary Shares | 8.64% | 175.47 | -1.41% |
| Paylocity Holding Corp | 8.08% | 268.01 | -1.38% |
| Casella Waste Systems Inc Class A | 7.05% | 86.89 | 0.18% |
| TransDigm Group Inc | 5.28% | 668.86 | -1.25% |
| Core Laboratories NV | 4.93% | 16.36 | 1.30% |
| Signature Bank | 4.88% | 202.71 | -2.13% |
| Chegg Inc | 4.80% | 21.08 | -3.94% |
| Montrose Environmental Group Inc Ordinary Shares | 3.97% | 44.78 | -5.92% |
| SiteOne Landscape Supply Inc | 3.52% | 139.15 | -1.37% |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of mid-cap growth companies with an ESG rating of medium or better, as rated by Sustainalytics, at the time of purchase. Under normal circumstances, 80% of companies in the fund’s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund adviser intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund adviser will own no more than 30 holdings. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ALEYX |
| Equity Style | Mid Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Mid-Cap Growth |
| Category Index | -- |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Alger |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| H. George Dai | 0.62 yrs |
| Joshua Bennett | 0.62 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (8-16-22) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (8-12-22) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 28.57 |
| 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 May 31, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 12/17/2021 |
| Last Annual Report Date | 4/30/2022 |
| Last Prospectus Date | -- |
| Share Classes | |
| ALEAX | A |
| ALECX | C |
| ALEIX | Inst |
| ALEYX | 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 |
|