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Morningstar

Alger Small Cap Growth I-2 AASOX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 14.82  /  0.14 %
  • Total Assets 144.6 Mil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield —
  • Turnover 13%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:12 PM GMT+0

Morningstar’s Analysis AASOX

Will AASOX 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 AASOX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the AASOX 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 AASOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger Small Cap Growth I-2’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AASOX

More AASOX Holdings
  • Current Portfolio Date
  • Equity Holdings 94
  • Bond Holdings 0
  • Other Holdings 5
  • % Assets in Top 10 Holdings 32.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Magnolia Oil & Gas Corp Class A

4.66
7,287,454
Energy

SPS Commerce Inc

4.36
6,812,944
Technology

Manhattan Associates Inc

3.83
5,980,210
Technology

Wingstop Inc

3.30
5,163,928
Consumer Cyclical

Bio-Techne Corp

3.07
4,796,007
Healthcare

Balchem Corp

2.89
4,508,720
Basic Materials

Shake Shack Inc Class A

2.80
4,372,760
Consumer Cyclical

BJ's Wholesale Club Holdings Inc

2.72
4,257,082
Consumer Defensive

Heico Corp

2.65
4,133,318
Industrials

Paycom Software Inc

2.62
4,088,743
Technology