Alger Small Cap Growth Fund Class C (AGSCX)
| Fund Assets | 197.53M |
| Expense Ratio | 2.13% |
| Min. Investment | $1,000 |
| Turnover | 49.68% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 6.17 |
| YTD Return | -5.29% |
| 1-Year Return | -0.49% |
| 5-Year Return | -8.56% |
| 52-Week Low | 4.60 |
| 52-Week High | 7.02 |
| Beta (5Y) | n/a |
| Holdings | 103 |
| Inception Date | Aug 1, 1997 |
About AGSCX
Alger Small Cap Growth Fund Class C is a mutual fund designed to achieve long-term capital appreciation by investing primarily in the equity securities of U.S. small-cap companies. The fund targets firms with market capitalizations typically below $1 billion, identified through rigorous fundamental research for their potential to deliver above-average growth. Its portfolio is diversified across various sectors, with notable weights in technology, industrials, consumer cyclical, healthcare, and communication services companies. The fund holds over 100 individual securities, and its top holdings often account for a significant portion of assets, reflecting a focused yet diversified approach. Managed actively since its inception in 1997, the fund employs a strategy that emphasizes growth characteristics rather than income generation. With a minimum initial investment requirement and a higher-than-average expense ratio, the fund is positioned for investors seeking exposure to the dynamic and often volatile small-cap growth segment of the U.S. equity market, where innovation and expansion prospects drive investment decisions.
Performance
AGSCX had a total return of -0.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.01%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
26.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Q2 Holdings, Inc. | QTWO | 3.45% |
| Gates Industrial Corporation plc | GTES | 3.34% |
| RBC Bearings Incorporated | RBC | 2.87% |
| Shake Shack Inc. | SHAK | 2.71% |
| CSW Industrials Inc | CSWI | 2.63% |
| Vertex, Inc. | VERX | 2.57% |
| Guardant Health, Inc. | GH | 2.53% |
| Bio-Techne Corporation | TECH | 2.17% |
| Planet Fitness, Inc. | PLNT | 2.10% |
| Guidewire Software, Inc. | GWRE | 2.07% |