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Alger Mid Cap Growth Institutional Fund Class I: (MF: ALMRX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$21.62 USD
+0.05 (0.23%)
Zacks MF Rank
5-Strong Sell of 5 5
Latest Performance as of Mar 31, 2024
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 11.86 | 26 |
| 3 months | 11.86 | 26 |
| 6 months | 23.52 | 45 |
| 1 Year | 25.58 | 55 |
| 3 Year | -3.29 | 96 |
| 5 Year | 10.43 | 74 |
| 10 Year | 9.73 | 59 |
* Annual for three years and beyond.
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Portfolio Statistics
| % Unrealized Gain | 17.48 |
| % Yield | 0.00 |
| % SEC Yield | NA |
| Net Assets (Mil $) 3/31/2024 | 39.10 |
| % Turnover 3/31/2024 | 79.60 |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 1.12 | 1.07 | 1.10 |
| Alpha | -13.40 | -4.03 | -3.33 |
| R Squared | 0.76 | 0.73 | 0.74 |
| Std. Dev. | 22.53 | 23.10 | 19.49 |
| Sharpe | -0.15 | 0.48 | 2.00 |
Sector / Country Weightings
| As of 3/31/2024 | % of Portfolio |
|---|---|
| Technology | 36.20 |
| Other | 9.90 |
| Services | 8.98 |
| Industrial Cyclical | 8.89 |
| Retail Trade | 8.86 |
| Non-Durable | 8.09 |
| Health | 7.11 |
| Finance | 6.20 |
| Consumer Durables | 3.29 |
| Energy | 2.48 |
Portfolio Holdings
| Top Equity Holdings (As of 1/31/2024) |
% of Portfolio | Value (Mil$) |
|---|---|---|
| CONSTELLATION SOFTWARE IN | 3.11 | 1.93 |
| VERTIV HOLDINGS CO | 2.91 | 1.81 |
| FIRSTSERVICE CORP | 2.90 | 1.80 |
| NATERA INC | 2.83 | 1.75 |
| GFL ENVIRONMENTAL INC | 2.80 | 1.73 |
| HEICO CORP | 2.70 | 1.68 |
| CADENCE DESIGN SYSTEMS IN | 2.56 | 1.59 |
| REPLIGEN CORP | 2.52 | 1.56 |
| DIAMONDBACK ENERGY INC | 2.48 | 1.54 |
Stock Holding % of Net Assets
| As Of | 1/31/2024 |
| Total Issues | 64 |
| Avg. P/E | 28.29 |
| Avg. P/Book | 3.97 |
| Avg. EPS Growth | 13.75 |
| Avg. Market Value (Mil $) | 30,711 |
Allocation
| % of Portfolio | |
| Large Growth | 40.94 |
| Large Value | 0.00 |
| Small Growth | 26.33 |
| Small Value | 0.00 |
| Foreign Stock | 11.86 |
| Emerging Market | 2.29 |
| Precious Metal | 0.00 |
| Intermediate Bond | 0.00 |
| Foreign Bond | 0.00 |
| High Yield Bond | 5.19 |