Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Alger Small Cap Growth Institutional I ALSRX
- NAV / 1-Day Return 15.67 / −0.44 %
- Total Assets 103.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.380%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Small Growth
- Investment Style Small Growth
- Min. Initial Investment —
- Status Open
- TTM Yield —
- Turnover 30%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis ALSRX
Will ALSRX 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 29.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Manhattan Associates Inc | 4.60 | 5.5 Mil | Technology |
SPS Commerce Inc | 4.08 | 4.9 Mil | Technology |
Wingstop Inc | 3.70 | 4.4 Mil | Consumer Cyclical |
Chime Financial Inc Series G Pfd Stock | 3.52 | 4.2 Mil | Corporate |
Cash | 2.99 | 3.6 Mil | Cash and Equivalents |
Heico Corp | 2.51 | 3.0 Mil | Industrials |
Shake Shack Inc Class A | 2.43 | 2.9 Mil | Consumer Cyclical |
Bio-Techne Corp | 2.40 | 2.9 Mil | Healthcare |
Live Nation Entertainment Inc | 2.08 | 2.5 Mil | Communication Services |
Take-Two Interactive Software Inc | 1.91 | 2.3 Mil | Communication Services |