Alger Weatherbie Specialized Growth Z (ASMZX)
| Fund Assets | 351.66M |
| Expense Ratio | 0.96% |
| Min. Investment | $500,000 |
| Turnover | 46.68% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.24 |
| YTD Return | -0.78% |
| 1-Year Return | 5.25% |
| 5-Year Return | 2.11% |
| 52-Week Low | 11.60 |
| 52-Week High | 16.45 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Dec 29, 2010 |
About ASMZX
The Alger Weatherbie Specialized Growth Fund is an actively managed mutual fund focused primarily on small-cap growth equities within the U.S. market. Its objective is to achieve long-term capital appreciation by investing in companies with high growth potential, often in emerging or rapidly developing industries. The fund’s portfolio typically comprises around 45 to 50 holdings, identified through an intensive fundamental research process that seeks to uncover what it deems high-quality, innovative businesses with strong growth characteristics—such as robust earnings growth, resilient balance sheets, solid free cash flow, and experienced management teams. The fund pays particular attention to "Weatherbie Growth Stocks," which are categorized as either "Foundation Growth Stocks"—firms with sustainable, long-term growth trends often underappreciated by the market—or "Opportunity Growth Stocks," which may be temporarily overlooked by other investors. With a significant concentration in the top portfolio holdings, the fund takes a focused approach, emphasizing differentiation from traditional small-cap growth offerings by exploring less conventional opportunities. As a result, it plays a distinctive role in the market, providing investors with exposure to dynamic, fast-growing segments of the U.S. small-cap universe.
Performance
ASMZX had a total return of 5.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.13%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VEXRX | Vanguard | Vanguard Explorer Fund | 0.33% |
Top 10 Holdings
43.38% of assets| Name | Symbol | Weight |
|---|---|---|
| FirstService Corporation | FSV | 5.58% |
| Natera, Inc. | NTRA | 5.39% |
| Casella Waste Systems, Inc. | CWST | 5.24% |
| SPS Commerce, Inc. | SPSC | 4.69% |
| ACADIA Pharmaceuticals Inc. | ACAD | 4.57% |
| Cash | n/a | 4.22% |
| SiteOne Landscape Supply, Inc. | SITE | 3.54% |
| Ollie's Bargain Outlet Holdings, Inc. | OLLI | 3.49% |
| StepStone Group Inc. | STEP | 3.35% |
| VSE Corporation | VSEC | 3.31% |