Alger Weatherbie Specialized Growth Fund Class Y (ASYMX)
| Fund Assets | 280.33M |
| Expense Ratio | 0.89% |
| Min. Investment | $500,000 |
| Turnover | 68.65% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.03 |
| YTD Return | 0.20% |
| 1-Year Return | 7.90% |
| 5-Year Return | -16.81% |
| 52-Week Low | 12.75 |
| 52-Week High | 16.12 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Aug 30, 2017 |
About ASYMX
Alger Weatherbie Specialized Growth Fund Class Y is a mutual fund focused on delivering growth by investing primarily in a concentrated portfolio of approximately 50 holdings. Its strategy centers on identifying small- and mid-cap companies in the United States that exhibit robust growth potential, using in-depth fundamental research to select investments across diversified sectors. The fund seeks to capitalize on emerging leaders and innovative businesses, typically steering toward industries such as technology, healthcare, industrials, financial services, and real estate. With total assets of several hundred million dollars and a below-average expense ratio relative to peers, this fund aims to provide investors with access to specialized growth opportunities, leveraging the expertise of seasoned managers. Its disciplined selection process and exposure to a dynamic segment of the equity market position it as a notable option for those seeking growth from smaller, high-potential companies within the broader landscape of U.S. equities.
Performance
ASYMX had a total return of 7.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.07%.
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 Admiral Shares | 0.33% |
Top 10 Holdings
39.34% of assets| Name | Symbol | Weight |
|---|---|---|
| FirstService Corporation | FSV | 5.86% |
| AAR Corp. | AIR | 5.58% |
| Legence Corp. | LGN | 4.26% |
| Artivion, Inc. | AORT | 4.16% |
| Casella Waste Systems, Inc. | CWST | 3.82% |
| VSE Corporation | VSEC | 3.65% |
| ACADIA Pharmaceuticals Inc. | ACAD | 3.36% |
| StepStone Group Inc. | STEP | 3.00% |
| Semtech Corporation | SMTC | 2.84% |
| Tutor Perini Corporation | TPC | 2.82% |