Alger Small Cap Growth Fund Class B (ALSCX)
| Fund Assets | 193.26M |
| Expense Ratio | 2.04% |
| Min. Investment | $1,000 |
| Turnover | 37.93% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 7.45 |
| YTD Return | -0.39% |
| 1-Year Return | 8.61% |
| 5-Year Return | -29.92% |
| 52-Week Low | 5.06 |
| 52-Week High | 8.27 |
| Beta (5Y) | 1.19 |
| Holdings | 107 |
| Inception Date | Nov 11, 1986 |
About ALSCX
Alger Small Cap Growth Fund is a mutual fund focused on delivering long-term capital appreciation by investing primarily in equity securities of small-cap U.S. companies. The fund seeks to identify firms with promising growth potential through comprehensive fundamental research, targeting businesses that are experiencing dynamic change or possess innovative growth drivers. Portfolio managers and analysts work collaboratively, employing detailed financial models and rigorous analysis to construct a diversified portfolio. The fund’s holdings span across several sectors, including technology, consumer cyclical, healthcare, and industrials, reflecting its commitment to diversification within the small-cap growth space. A significant proportion of assets are concentrated in the top 10 holdings, which often include high-conviction small-cap names in rapidly evolving industries. The fund is recognized for its research-driven, active management approach, aiming to capture capital appreciation opportunities in the often volatile but potentially rewarding segment of small-cap growth equities. Through its strategy, the Alger Small Cap Growth Fund provides investors access to the growth potential of emerging companies in the U.S. market.
Performance
ALSCX had a total return of 8.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.85%.
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
24.79% of assets| Name | Symbol | Weight |
|---|---|---|
| RBC Bearings Incorporated | RBC | 3.12% |
| Insmed Incorporated | INSM | 2.81% |
| Bombardier Inc. | BBD.B | 2.74% |
| Natera, Inc. | NTRA | 2.56% |
| Tutor Perini Corporation | TPC | 2.50% |
| Nuvalent, Inc. | NUVL | 2.44% |
| Adaptive Biotechnologies Corporation | ADPT | 2.25% |
| Fabrinet | FN | 2.18% |
| Guardant Health, Inc. | GH | 2.15% |
| CSW Industrials, Inc. | CSW | 2.02% |