Alger Smallcap Growth Fund Quote
| ASCZX Fund | USD 11.15 0.04 0.36% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Alger Smallcap is trading at 11.15 as of the 18th of January 2025; that is 0.36% up since the beginning of the trading day. The fund's open price was 11.11. Alger Smallcap has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have a total market capitalization range of the Russell 2000 Growth Index. More on Alger Smallcap Growth
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 | 31st of December 2024 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Smallcap Growth [ASCZX] is traded in USA and was established 18th of January 2025. Alger Smallcap 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 339.44 M in assets under management (AUM) with minimum initial investment of 500 K. Alger Smallcap Growth is currently producing year-to-date (YTD) return of 2.98%, while the total return for the last 3 years was -4.18%.
Check Alger Smallcap 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 Smallcap Growth 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 Smallcap Growth Mutual Fund Constituents
| TDOC | Teladoc | Stock | Health Care | |
| LYV | Live Nation Entertainment | Stock | Communication Services | |
| PENN | Penn National Gaming | Stock | Consumer Discretionary | |
| TNDM | Tandem Diabetes Care | Stock | Health Care | |
| TTWO | Take Two Interactive Software | Stock | Communication Services | |
| LC | LendingClub Corp | Stock | Financials | |
| MGNI | Magnite | Stock | Communication Services | |
| TECH | Bio Techne Corp | Stock | Health Care |
Alger Smallcap Growth Risk Profiles
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.35 | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.91 |
Alger Smallcap Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Smallcap 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 Smallcap security.
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