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Morningstar

Alger Mid Cap Focus A ALOAX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 15.34  /  +0.99 %
  • Total Assets 271.3 Mil
  • Adj. Expense Ratio
    1.140%
  • Expense Ratio 1.140%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 121%

USD | NAV as of Jun 11, 2024 | 1-Day Return as of Jun 11, 2024, 12:55 AM GMT+0

Morningstar’s Analysis ALOAX

Will ALOAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALOAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALOAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ALOAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Back to familiar territory...perhaps.

Associate Director Tony Thomas

Tony Thomas

Associate Director

Summary

Alger Mid Cap Focus could be getting back to basics, but investors should wait to see whether the changes stick.

by Tony Thomas
Rated on Published on

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Portfolio Holdings ALOAX

More ALOAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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Industrials

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3.01 8.7 Mil
Technology

AppFolio Inc Class A

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Deckers Outdoor Corp

2.86 8.3 Mil
Consumer Cyclical

Shopify Inc Registered Shs -A- Subord Vtg

2.75 8.0 Mil
Technology

Old Dominion Freight Line Inc Ordinary Shares

2.75 8.0 Mil
Industrials

Micron Technology Inc

2.74 8.0 Mil
Technology