Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Alger Mid Cap Growth Institutional I ALMRX
- NAV / 1-Day Return 21.57 / +0.05 %
- Total Assets 64.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.240%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Mid-Cap Growth
- Investment Style Mid Growth
- Min. Initial Investment —
- Status Open
- TTM Yield —
- Turnover 80%
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0
Morningstar’s Analysis ALMRX
Will ALMRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 27.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Constellation Software Inc | 3.11 | 1.9 Mil | Technology |
Vertiv Holdings Co Class A | 2.90 | 1.8 Mil | Industrials |
FirstService Corp Ordinary Shares | 2.89 | 1.8 Mil | Real Estate |
Natera Inc | 2.81 | 1.8 Mil | Healthcare |
GFL Environmental Inc | 2.78 | 1.7 Mil | Industrials |
Heico Corp | 2.69 | 1.7 Mil | Industrials |
Cadence Design Systems Inc | 2.55 | 1.6 Mil | Technology |
Repligen Corp | 2.51 | 1.6 Mil | Healthcare |
Diamondback Energy Inc | 2.47 | 1.5 Mil | Energy |
Marvell Technology Inc | 2.46 | 1.5 Mil | Technology |