Alger Small Cap Growth Fund Class A (ALSAX)
| Fund Assets | 197.53M |
| Expense Ratio | 1.34% |
| Min. Investment | $1,000 |
| Turnover | 49.68% |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.03% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.12 |
| YTD Return | -2.29% |
| 1-Year Return | 3.43% |
| 5-Year Return | -0.47% |
| 52-Week Low | 7.51 |
| 52-Week High | 11.44 |
| Beta (5Y) | n/a |
| Holdings | 103 |
| Inception Date | Jan 1, 1997 |
About ALSAX
Alger Small Cap Growth Fund Class A is a mutual fund focused on long-term capital appreciation by investing primarily in equity securities of small-cap U.S. companies. The fund seeks to identify businesses with strong growth potential, typically targeting firms with market capitalizations under $1 billion at the time of investment. Its portfolio spans a variety of sectors, with notable allocations in consumer cyclical, technology, healthcare, and industrials. The fund is actively managed, seeking to leverage fundamental research to uncover emerging growth opportunities within the small-cap segment. It typically holds a diversified set of over 100 stocks, with approximately 28% of assets concentrated in its top ten holdings, reflecting a selective approach to stock selection. With a minimum investment requirement of $1,000 and an expense ratio around 1.32%, the fund is designed for investors interested in exposure to dynamic, early-stage companies that may be at the forefront of innovation and sector growth. Since its inception in 1997, Alger Small Cap Growth Fund Class A has played a significant role in offering access to the growth potential and diversity of the U.S. small-cap equity market.
Performance
ALSAX had a total return of 3.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.63%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 14, 2023 | $0.003 | Dec 14, 2023 |
| Dec 15, 2021 | $1.3417 | Dec 15, 2021 |
| Dec 16, 2020 | $0.0715 | Dec 16, 2020 |
| Dec 18, 2019 | $0.5402 | Dec 18, 2019 |
| Dec 18, 2018 | $0.9445 | Dec 18, 2018 |
| Dec 15, 2017 | $0.1008 | Dec 15, 2017 |