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Alger SMid Cap Growth B (ALMBX) Fund Ranking and Research

Ranking, Research and Recommendation of Alger SMid Cap Growth B (ALMBX) Fund

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

 

Graph of Alger SMid Cap Growth B Fund (ALMBX) ManagerFund Manager - Jill Greenwald

Fund Manager Information

Fund Manager Tenure: 17.4 years
Similar Funds: ALMAX  ALMCX 
Fund Family: Alger
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.46)     (What does this score mean?)

 

Graph of Alger SMid Cap Growth B Fund (ALMBX) ProfileAlger SMid Cap Growth B Fund (ALMBX) Profile

Fund Profile and Description

Alger SMid Cap Growth B Fund seeks long-term capital appreciation. Alger SMid Cap Growth B Fund normally invests at least 80% of net assets plus any borrowings for investment purposes in equity securities of small-cap and mid-cap companies. Small-cap or mid-cap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2000 Growth Index or S&P Small-Cap 600 Index, or the Russell Midcap Growth Index or S&P Mid-Cap 400 Index, respectively, as reported by the indexes as of the most recent quarter-end.

 

Alger SMid Cap Growth B (ALMBX) Fund Strength What we like about Alger SMid Cap Growth B (ALMBX) Fund

Data for Alger SMid Cap Growth B Fund (ALMBX) as of May 30, 2016

  • Alger SMid Cap Growth B Fund (ALMBX) management has been with Alger SMid Cap Growth B Fund for 17.4 years
  • Alger SMid Cap Growth B Fund (ALMBX) ratio of up-years vs down years is greater than 2

Alger SMid Cap Growth B Fund (ALMBX) Weakness What we are cautious about Alger SMid Cap Growth B (ALMBX) Fund

Data for Alger SMid Cap Growth B Fund (ALMBX) as of May 30, 2016

  • Alger SMid Cap Growth B Fund (ALMBX) has a less-than-ideal short-term performance (1-year return -10.94% vs -5.73% Mid-Cap Growth category median performance)
  • Alger SMid Cap Growth B Fund (ALMBX) has a less-than-ideal mid-term performance (3-year return 4.83% vs 8.38% Mid-Cap Growth category median performance)
  • Alger SMid Cap Growth B Fund (ALMBX) has a less-than-ideal Long-term performance (5-year return 4.62% vs 7.70% Mid-Cap Growth category median performance)
  • Alger SMid Cap Growth B Fund (ALMBX) has a Morningstar rating of 3 and below
  • Alger SMid Cap Growth B Fund (ALMBX) is less safe compared to its Mid-Cap Growth peers
  • Alger SMid Cap Growth B Fund (ALMBX) has an annual stock turnover rate of 110.40% that is higher than the Mid-Cap Growth average of 50.96%. This could mean Alger SMid Cap Growth B is more nimble, but also signal potential high tax impact and high trading fees
  • Alger SMid Cap Growth B Fund (ALMBX) does not have a good risk adjusted return as its 3-year Alpha of -6.24 is worse than category average of -2.65, and its 3-year Sharpe ratio is 0.39
  • Alger SMid Cap Growth B Fund (ALMBX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.82 that is higher than category average of 13.49
  • Alger SMid Cap Growth B Fund (ALMBX) has a higher expense ratio of 2.10% than its Mid-Cap Growth average of 1.28%
  • Alger SMid Cap Growth B Fund (ALMBX) carries a 5% load
See Alger SMid Cap Growth B Fund (ALMBX) performance details as of May 30, 2016

 

What do you think?

 

Compare Alger SMid Cap Growth B Fund (ALMBX)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 SMid Cap Growth B-1.56-10.944.834.62
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 SMid Cap Growth B Fund (ALMBX)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 SMid Cap Growth B Fund (ALMBX) Net Asset TrackingAlger SMid Cap Growth B (ALMBX) Fund Net Asset

Track net asset change of Alger SMid Cap Growth B fund (ALMBX)

DateNet Asset
05/2016$243.97M
03/2016$318.73M
02/2016$308.87M
More historic net asset information on Alger SMid Cap Growth B Fund (ALMBX)

  

Graph of Alger SMid Cap Growth B Fund (ALMBX) Portfolio TrackingAlger SMid Cap Growth B (ALMBX) Fund Portfolio Allocation

Track portfolio allocation change of Alger SMid Cap Growth B fund (ALMBX)

DateCashStockBondOther
03/20160.49%98.57%0%0.94%
01/20160.36%98.67%0%0.97%
12/20153.26%94.69%0%2.05%
Click here to see more historic asset allocation information on Alger SMid Cap Growth B Fund (ALMBX)

 

graph of Alger SMid Cap Growth B Fund (ALMBX) Top 10 Position TrackingTop 10 Holdings in Alger SMid Cap Growth B (ALMBX) Fund

Discover what Alger SMid Cap Growth B Fund (ALMBX) manager is buying

Mar 30, 2016
Penn National Gaming, Inc. [2.04%]
ABIOMED, Inc. [1.49%]
TubeMogul, Inc. [1.46%]
Westinghouse Air Brake Technolo [1.45%]
Tyler Technologies, Inc. Common [1.45%]
Jones Lang LaSalle Incorporated [1.44%]
Microsemi Corporation [1.42%]
Affiliated Managers Group, Inc. [1.39%]
The Michaels Companies, Inc. [1.38%]
WisdomTree Investments, Inc. [1.36%]

Jan 30, 2016
Shake Shack, Inc. Class A Commo [1.47%]
WisdomTree Investments, Inc. [1.35%]
Waste Connections, Inc. Common [1.35%]
ServiceMaster Global Holdings, [1.3%]
Vantiv, Inc. Class A Common Sto [1.29%]
Performance Food Group Company [1.25%]
Microsemi Corporation [1.25%]
Euronet Worldwide, Inc. [1.25%]
Burlington Stores, Inc. Common [1.25%]
Allegion plc Ordinary Shares [1.24%]

Dec 30, 2015
ServiceMaster Global Holdings, [1.28%]
Waste Connections, Inc. Common [1.25%]
Blackbaud, Inc. [1.22%]
Signature Bank [1.2%]
Acuity Brands Inc (Holding Comp [1.2%]
HubSpot, Inc. Common Stock [1.19%]
Sovran Self Storage, Inc. Commo [1.19%]
Vantiv, Inc. Class A Common Sto [1.19%]
ABIOMED, Inc. [1.19%]
Stamps.com Inc. [1.16%]
Click here for Stock Holding Change Map in Alger SMid Cap Growth B Fund (ALMBX)

  

Latest News on Alger SMid Cap Growth B (ALMBX) Fund

See what is happening with Alger SMid Cap Growth B Fund (ALMBX)

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Alger SMid Cap Growth B Fund (ALMBX) Related ResourcesSee more information on Alger SMid Cap Growth B (ALMBX) Fund

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