Alger Small Cap Fund Quote
| AASOX Fund | USD 19.10 0.33 1.76% |
Performance8 of 100
| Odds Of DistressLess than 14
|
Alger Small is trading at 19.10 as of the 25th of November 2024; that is 1.76% up since the beginning of the trading day. The fund's open price was 18.77. Alger Small has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Alger Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
The advisor focuses on small, fast-growing companies that the manager believes offer innovative products, services or technologies to a rapidly expanding marketplace. Under normal circumstances, the Portfolio invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities. More on Alger Small Cap
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Funds, Small Growth Funds, Small Growth, Alger (View all Sectors) |
| Update Date | 30th of September 2024 |
Alger Small Cap [AASOX] is traded in USA and was established 25th of November 2024. Alger Small is listed under Alger category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Alger family. This fund presently has accumulated 246.34 M in assets under management (AUM) with no minimum investment requirementsAlger Small Cap is currently producing year-to-date (YTD) return of 15.55%, while the total return for the last 3 years was -7.85%.
Check Alger Small Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Small Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Small Cap Mutual Fund Constituents
| TYL | Tyler Technologies | Stock | Information Technology | |
| TECH | Bio Techne Corp | Stock | Health Care | |
| LYV | Live Nation Entertainment | Stock | Communication Services | |
| MGNI | Magnite | Stock | Communication Services | |
| HUBS | HubSpot | Stock | Information Technology | |
| TDOC | Teladoc | Stock | Health Care | |
| CGNX | Cognex | Stock | Information Technology | |
| VEEV | Veeva Systems Class | Stock | Health Care |
Alger Small Cap Risk Profiles
| Mean Deviation | 0.9563 | |||
| Semi Deviation | 1.14 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 |
Alger Small Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Small financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Small security.
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