Alger Small Cap Growth Fund Class B (ALSCX)
| Fund Assets | 158.13M |
| Expense Ratio | 2.04% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 5.47 |
| YTD Return | -22.41% |
| 1-Year Return | -13.86% |
| 5-Year Return | -4.00% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 1.19 |
| Holdings | 109 |
| Inception Date | Nov 11, 1986 |
About ALSCX
The Fund's investment strategy focuses on Small-Cap with 1.34% total expense ratio. The minimum amount to invest in Alger Funds: Alger Small Cap Growth Fund; Class B Shares is $1,000 on a standard taxable account. Alger Funds: Alger Small Cap Growth Fund; Class B Shares seeks long-term capital appreciation by investing in a diversified, actively managed portfolio of equity securities, primarily of companies with total market capitalization of less than $1 billion. Income is considered in the choice of investments but is not investment objective.
Performance
ALSCX had a total return of -13.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.69%.
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
27.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Vertex, Inc. | VERX | 5.19% |
| Q2 Holdings, Inc. | QTWO | 3.37% |
| Gates Industrial Corporation plc | GTES | 2.81% |
| Wingstop Inc. | WING | 2.75% |
| Shake Shack Inc. | SHAK | 2.57% |
| Bio-Techne Corporation | TECH | 2.47% |
| RBC Bearings Incorporated | RBC | 2.15% |
| CSW Industrials, Inc. | CSWI | 1.96% |
| Akero Therapeutics, Inc. | AKRO | 1.95% |
| Aritzia Inc | ATZ | 1.90% |