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Alger Small Cap Growth Institutional I (ALSRX) Fund Ranking and Research

Ranking, Research and Recommendation of Alger Small Cap Growth Institutional I (ALSRX) Fund

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

 

Graph of Alger Small Cap Growth Institutional I Fund (ALSRX) ManagerFund Manager - Amy Y. Zhang

Fund Manager Information

Fund Manager Tenure: 5.0 years
Similar Funds: ALSAX  ALSCX 
Fund Family: Alger
Fund Category: Small Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.49)     (What does this score mean?)

 

Graph of Alger Small Cap Growth Institutional I Fund (ALSRX) ProfileAlger Small Cap Growth Institutional I Fund (ALSRX) Profile

Fund Profile and Description

Alger Small Cap Growth Institutional I Fund seeks long-term capital appreciation. Alger Small Cap Growth Institutional I Fund focuses on small, fast-growing companies that offer innovative products, services or technologies to a rapidly expanding marketplace. It normally invests at least 80% of assets in the equity securities of small-capitalization companies. A small-capitalization company has a market capitalization within the range of companies in the Russell 2000 Growth Index or the S&P Small-Cap 600 Index.

 

Alger Small Cap Growth Institutional I (ALSRX) Fund Strength What we like about Alger Small Cap Growth Institutional I (ALSRX) Fund

Data for Alger Small Cap Growth Institutional I Fund (ALSRX) as of May 30, 2016

  • Alger Small Cap Growth Institutional I Fund (ALSRX) management has been with Alger Small Cap Growth Institutional I Fund for 5.0 years
  • Alger Small Cap Growth Institutional I Fund (ALSRX) ratio of up-years vs down years is greater than 2
  • Alger Small Cap Growth Institutional I Fund (ALSRX) has a lower expense ratio than its Small Growth average: 1.25% vs 1.31%
  • Alger Small Cap Growth Institutional I Fund (ALSRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Alger Small Cap Growth Institutional I Fund (ALSRX) Weakness What we are cautious about Alger Small Cap Growth Institutional I (ALSRX) Fund

Data for Alger Small Cap Growth Institutional I Fund (ALSRX) as of May 30, 2016

  • Alger Small Cap Growth Institutional I Fund (ALSRX) has a less-than-ideal short-term performance (1-year return -13.27% vs -7.74% Small Growth category median performance)
  • Alger Small Cap Growth Institutional I Fund (ALSRX) has a less-than-ideal mid-term performance (3-year return 2.44% vs 6.86% Small Growth category median performance)
  • Alger Small Cap Growth Institutional I Fund (ALSRX) has a less-than-ideal Long-term performance (5-year return 3.69% vs 7.01% Small Growth category median performance)
  • Alger Small Cap Growth Institutional I Fund (ALSRX) has a Morningstar rating of 3 and below
  • Alger Small Cap Growth Institutional I Fund (ALSRX) has an annual stock turnover rate of 125.72% that is higher than the Small Growth average of 63.11%. This could mean Alger Small Cap Growth Institutional I is more nimble, but also signal potential high tax impact and high trading fees
  • Alger Small Cap Growth Institutional I Fund (ALSRX) does not have a good risk adjusted return as its 3-year Alpha of -8.27 is worse than category average of -3.8, and its 3-year Sharpe ratio is 0.22
  • Alger Small Cap Growth Institutional I Fund (ALSRX) is more volatile than its peers as it has a 3-year Standard Deviation of 16.03 that is higher than category average of 15.82
See Alger Small Cap Growth Institutional I Fund (ALSRX) performance details as of May 30, 2016

 

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Compare Alger Small Cap Growth Institutional I Fund (ALSRX)Compare with other top Small Growth category mutual funds

Aadditional top Small Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Alger Small Cap Growth Institutional I-5.02-13.272.443.69
Thrivent Small Cap Stock A (AASMX)5.33-2.128.136.23Compare
Invesco Small Cap Growth A (GTSAX)2.31-6.349.449.20Compare
Brown Advisory Small-Cap Growth Inv (BIASX)1.441.9610.719.36Compare

See top fund managers for Small Growth Category Funds

 

Compare Alger Small Cap Growth Institutional I Fund (ALSRX)Compare with Small Growth category ETFs

Some Small Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Small Cap Gr AlphaDEX ETF (FYC)2.08%0.72%8.41%
iShares S&P Small-Cap 600 Growth (IJT)3.38%0.39%10.55%
SPDR S&P 600 Small Cap Growth ETF (SLYG)3.30%0.18%10.49%
Vanguard S&P Small-Cap 600 Growth ETF (VIOG)2.78%0.08%10.38%
Vanguard Small-Cap Growth ETF (VBK)000

 

Graph of Alger Small Cap Growth Institutional I Fund (ALSRX) Net Asset TrackingAlger Small Cap Growth Institutional I (ALSRX) Fund Net Asset

Track net asset change of Alger Small Cap Growth Institutional I fund (ALSRX)

DateNet Asset
05/2016$235.43M
03/2016$260.63M
02/2016$254.41M
More historic net asset information on Alger Small Cap Growth Institutional I Fund (ALSRX)

  

Graph of Alger Small Cap Growth Institutional I Fund (ALSRX) Portfolio TrackingAlger Small Cap Growth Institutional I (ALSRX) Fund Portfolio Allocation

Track portfolio allocation change of Alger Small Cap Growth Institutional I fund (ALSRX)

DateCashStockBondOther
03/20160.81%97.55%0%1.64%
12/20150.78%97.95%0%1.27%
11/20151.02%97.84%0%1.14%
Click here to see more historic asset allocation information on Alger Small Cap Growth Institutional I Fund (ALSRX)

 

graph of Alger Small Cap Growth Institutional I Fund (ALSRX) Top 10 Position TrackingTop 10 Holdings in Alger Small Cap Growth Institutional I (ALSRX) Fund

Discover what Alger Small Cap Growth Institutional I Fund (ALSRX) manager is buying

Mar 30, 2016
Neogen Corporation [2.51%]
Manhattan Associates, Inc. [2.26%]
Tyler Technologies, Inc. Common [2.23%]
Cantel Medical Corp. Common Sto [2.19%]
Bio-Techne Corp [2.15%]
Proto Labs, Inc. Common stock [1.95%]
Balchem Corporation [1.9%]
Stamps.com Inc. [1.87%]
Blackbaud, Inc. [1.8%]
Burlington Stores, Inc. Common [1.69%]

Dec 30, 2015
Blackbaud, Inc. [2.18%]
Neogen Corporation [2.12%]
Stamps.com Inc. [2.11%]
CVENT, INC. Common Stock [1.91%]
Tyler Technologies, Inc. Common [1.87%]
Cantel Medical Corp. Common Sto [1.87%]
Bio-Techne Corp [1.81%]
Proofpoint, Inc. [1.68%]
Medidata Solutions, Inc. [1.68%]
Manhattan Associates, Inc. [1.63%]

Nov 29, 2015
Neogen Corporation [2.17%]
Blackbaud, Inc. [2.11%]
Tyler Technologies, Inc. Common [1.93%]
CVENT, INC. Common Stock [1.93%]
Cantel Medical Corp. Common Sto [1.82%]
Stamps.com Inc. [1.8%]
Manhattan Associates, Inc. [1.8%]
Proofpoint, Inc. [1.76%]
Bio-Techne Corp [1.7%]
Balchem Corporation [1.61%]
Click here for Stock Holding Change Map in Alger Small Cap Growth Institutional I Fund (ALSRX)

  

Latest News on Alger Small Cap Growth Institutional I (ALSRX) Fund

See what is happening with Alger Small Cap Growth Institutional I Fund (ALSRX)

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Alger Small Cap Growth Institutional I Fund (ALSRX) Related ResourcesSee more information on Alger Small Cap Growth Institutional I (ALSRX) Fund

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