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Alger Mid Cap Growth Institutional R (AGIRX) Fund Ranking and Research

Ranking, Research and Recommendation of Alger Mid Cap Growth Institutional R (AGIRX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Alger Mid Cap Growth Institutional R Fund (AGIRX) ManagerFund Manager - Teresa McRoberts

Fund Manager Information

Fund Manager Tenure: 4.2 years
Fund Family: Alger
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.43)     (What does this score mean?)

 

Graph of Alger Mid Cap Growth Institutional R Fund (AGIRX) ProfileAlger Mid Cap Growth Institutional R Fund (AGIRX) Profile

Fund Profile and Description

Alger Mid Cap Growth Institutional R Fund seeks long-term capital appreciation. Alger Mid Cap Growth Institutional R Fund normally invests at least 80% of assets in the equity securities of medium-capitalization companies that the management believes demonstrate promising growth potential. A medium-capitalization company has a market capitalization within the range of companies in the Russell Midcap Growth Index or the S&P Mid-Cap 400 Index.

 

Alger Mid Cap Growth Institutional R (AGIRX) Fund Strength What we like about Alger Mid Cap Growth Institutional R (AGIRX) Fund

Data for Alger Mid Cap Growth Institutional R Fund (AGIRX) as of May 30, 2016

  • Alger Mid Cap Growth Institutional R Fund (AGIRX) management has been with Alger Mid Cap Growth Institutional R Fund for 4.2 years
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) ratio of up-years vs down years is greater than 2

Alger Mid Cap Growth Institutional R Fund (AGIRX) Weakness What we are cautious about Alger Mid Cap Growth Institutional R (AGIRX) Fund

Data for Alger Mid Cap Growth Institutional R Fund (AGIRX) as of May 30, 2016

  • Alger Mid Cap Growth Institutional R Fund (AGIRX) has a less-than-ideal short-term performance (1-year return -12.72% vs -5.73% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) has a less-than-ideal mid-term performance (3-year return 6.65% vs 8.38% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) has a less-than-ideal Long-term performance (5-year return 6.09% vs 7.70% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) has a Morningstar rating of 3 and below
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) has an annual stock turnover rate of 120.97% that is higher than the Mid-Cap Growth average of 52.51%. This could mean Alger Mid Cap Growth Institutional R is more nimble, but also signal potential high tax impact and high trading fees
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.06 that is higher than category average of 13.49
  • Alger Mid Cap Growth Institutional R Fund (AGIRX) has a higher expense ratio of 1.74% than its Mid-Cap Growth average of 1.27%
  • Even though Alger Mid Cap Growth Institutional R Fund carries no load, it does have a 0.50% of 12b1 promotion, distributions, marketing expenses
See Alger Mid Cap Growth Institutional R Fund (AGIRX) performance details as of May 30, 2016

 

What do you think?

 

Compare Alger Mid Cap Growth Institutional R Fund (AGIRX)Compare with other top Mid-Cap Growth category mutual funds

Aadditional top Mid-Cap Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Alger Mid Cap Growth Institutional R-3.42-12.726.656.09
Akre Focus Instl (AKRIX)3.591.8011.1515.02Compare
Baron Asset Instl (BARIX)1.54-1.9810.2810.08Compare
Bright Rock Mid Cap Growth Instl (BQMGX)8.534.539.875.79Compare

See top fund managers for Mid-Cap Growth Category Funds

 

Compare Alger Mid Cap Growth Institutional R Fund (AGIRX)Compare with Mid-Cap Growth category ETFs

Some Mid-Cap Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)000
PowerShares Russell Midcap Pure Gr ETF (PXMG)-0.83%-6.85%5.24%
RevenueShares NavellierOverall A-100 ETF (RWV)1.16%-5.74%7.25%
iShares Morningstar Mid-Cap Growth (JKH)1.51%-5.25%9.06%
Vanguard Mid-Cap Growth ETF (VOT)3.05%-4.02%9.94%

 

Graph of Alger Mid Cap Growth Institutional R Fund (AGIRX) Net Asset TrackingAlger Mid Cap Growth Institutional R (AGIRX) Fund Net Asset

Track net asset change of Alger Mid Cap Growth Institutional R fund (AGIRX)

DateNet Asset
05/2016$113.43M
03/2016$116.56M
02/2016$110.86M
More historic net asset information on Alger Mid Cap Growth Institutional R Fund (AGIRX)

  

Graph of Alger Mid Cap Growth Institutional R Fund (AGIRX) Portfolio TrackingAlger Mid Cap Growth Institutional R (AGIRX) Fund Portfolio Allocation

Track portfolio allocation change of Alger Mid Cap Growth Institutional R fund (AGIRX)

DateCashStockBondOther
03/20161.57%95.78%0%2.65%
12/20154.43%92.98%0%2.59%
11/20154.47%93.12%0%2.41%
Click here to see more historic asset allocation information on Alger Mid Cap Growth Institutional R Fund (AGIRX)

 

graph of Alger Mid Cap Growth Institutional R Fund (AGIRX) Top 10 Position TrackingTop 10 Holdings in Alger Mid Cap Growth Institutional R (AGIRX) Fund

Discover what Alger Mid Cap Growth Institutional R Fund (AGIRX) manager is buying

Mar 30, 2016
Norwegian Cruise Line Holdings [1.91%]
Broadcom Limited [1.9%]
Jarden Corporation Common Stock [1.74%]
HD Supply Holdings, Inc. [1.74%]
Verisk Analytics, Inc. [1.72%]
Royal Caribbean Cruises Ltd. Co [1.58%]
Diamond Resorts International, [1.48%]
Allegion plc Ordinary Shares [1.42%]
ServiceNow, Inc. Common Stock [1.41%]
Delphi Automotive PLC [1.35%]

Dec 30, 2015
Norwegian Cruise Line Holdings [2.2%]
Broadcom Limited [1.98%]
Royal Caribbean Cruises Ltd. Co [1.65%]
Verisk Analytics, Inc. [1.59%]
Jarden Corporation Common Stock [1.53%]
HD Supply Holdings, Inc. [1.52%]
Delphi Automotive PLC [1.45%]
ServiceNow, Inc. Common Stock [1.43%]
Allegion plc Ordinary Shares [1.43%]
DexCom, Inc. [1.38%]

Nov 29, 2015
Norwegian Cruise Line Holdings [2.09%]
Broadcom Limited [1.95%]
ServiceNow, Inc. Common Stock [1.62%]
Verisk Analytics, Inc. [1.5%]
Alliance Data Systems Corporati [1.5%]
Royal Caribbean Cruises Ltd. Co [1.46%]
Fiserv, Inc. [1.45%]
Delphi Automotive PLC [1.44%]
Allegion plc Ordinary Shares [1.41%]
DexCom, Inc. [1.39%]
Click here for Stock Holding Change Map in Alger Mid Cap Growth Institutional R Fund (AGIRX)

  

Latest News on Alger Mid Cap Growth Institutional R (AGIRX) Fund

See what is happening with Alger Mid Cap Growth Institutional R Fund (AGIRX)

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Alger Mid Cap Growth Institutional R Fund (AGIRX) Related ResourcesSee more information on Alger Mid Cap Growth Institutional R (AGIRX) Fund

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