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Morningstar

Alger Small Cap Growth Institutional I ALSRX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 14.99  /  0.40 %
  • Total Assets 138.7 Mil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.300%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Turnover 15%

USD | NAV as of Jun 09, 2023 | 1-Day Return as of Jun 09, 2023, 9:34 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.

Process Pillar

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

People Pillar

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

Alger Small Cap Growth Institutional I's Average Process and Parent pillars limit this strategy to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ALSRX

More ALSRX Holdings
  • Current Portfolio Date
  • Equity Holdings 98
  • Bond Holdings 0
  • Other Holdings 6
  • % Assets in Top 10 Holdings 31.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Magnolia Oil & Gas Corp Class A

5.21
8,255,674
Energy

BJ's Wholesale Club Holdings Inc

3.35
5,311,740
Consumer Defensive

SPS Commerce Inc

3.27
5,185,358
Technology

Chime Financial Inc Series G Pfd Stock

3.11
4,920,301
Corporate

Manhattan Associates Inc

2.94
4,658,972
Technology

Bio-Techne Corp

2.92
4,630,124
Healthcare

Insulet Corp

2.70
4,276,616
Healthcare

Wingstop Inc

2.65
4,193,702
Consumer Cyclical

Heico Corp

2.64
4,181,073
Industrials

Paycom Software Inc

2.20
3,478,786
Technology