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Alger Mid Cap Growth C (AMGCX) Fund Ranking and Research

Ranking, Research and Recommendation of Alger Mid Cap Growth C (AMGCX) Fund

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

 

Graph of Alger Mid Cap Growth C Fund (AMGCX) ManagerFund Manager - Teresa McRoberts

Fund Manager Information

Fund Manager Tenure: 4.6 years
Similar Funds: AMGAX  AMGOX 
Fund Family: Alger
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.48)     (What does this score mean?)

 

Graph of Alger Mid Cap Growth C Fund (AMGCX) ProfileAlger Mid Cap Growth C Fund (AMGCX) Profile

Fund Profile and Description

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

 

Alger Mid Cap Growth C (AMGCX) Fund Strength What we like about Alger Mid Cap Growth C (AMGCX) Fund

Data for Alger Mid Cap Growth C Fund (AMGCX) as of May 30, 2016

  • Alger Mid Cap Growth C Fund (AMGCX) management has been with Alger Mid Cap Growth C Fund for 4.6 years
  • Alger Mid Cap Growth C Fund (AMGCX) ratio of up-years vs down years is greater than 2

Alger Mid Cap Growth C Fund (AMGCX) Weakness What we are cautious about Alger Mid Cap Growth C (AMGCX) Fund

Data for Alger Mid Cap Growth C Fund (AMGCX) as of May 30, 2016

  • Alger Mid Cap Growth C Fund (AMGCX) has a less-than-ideal short-term performance (1-year return -13.06% vs -5.73% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth C Fund (AMGCX) has a less-than-ideal mid-term performance (3-year return 5.57% vs 8.38% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth C Fund (AMGCX) has a less-than-ideal Long-term performance (5-year return 5.19% vs 7.70% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth C Fund (AMGCX) has a Morningstar rating of 3 and below
  • Alger Mid Cap Growth C Fund (AMGCX) has an annual stock turnover rate of 122.05% that is higher than the Mid-Cap Growth average of 50.96%. This could mean Alger Mid Cap Growth C is more nimble, but also signal potential high tax impact and high trading fees
  • Alger Mid Cap Growth C Fund (AMGCX) does not have a good risk adjusted return as its 3-year Alpha of -5.51 is worse than category average of -2.65, and its 3-year Sharpe ratio is 0.45
  • Alger Mid Cap Growth C Fund (AMGCX) is more volatile than its peers as it has a 3-year Standard Deviation of 13.96 that is higher than category average of 13.49
  • Alger Mid Cap Growth C Fund (AMGCX) has a higher expense ratio of 2.12% than its Mid-Cap Growth average of 1.28%
  • Alger Mid Cap Growth C Fund (AMGCX) carries a 1% load
See Alger Mid Cap Growth C Fund (AMGCX) performance details as of May 30, 2016

 

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Compare Alger Mid Cap Growth C Fund (AMGCX)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 C-3.42-13.065.575.19
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 C Fund (AMGCX)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 C Fund (AMGCX) Net Asset TrackingAlger Mid Cap Growth C (AMGCX) Fund Net Asset

Track net asset change of Alger Mid Cap Growth C fund (AMGCX)

DateNet Asset
05/2016$164.39M
03/2016$166.74M
02/2016$158.76M
More historic net asset information on Alger Mid Cap Growth C Fund (AMGCX)

  

Graph of Alger Mid Cap Growth C Fund (AMGCX) Portfolio TrackingAlger Mid Cap Growth C (AMGCX) Fund Portfolio Allocation

Track portfolio allocation change of Alger Mid Cap Growth C fund (AMGCX)

DateCashStockBondOther
03/20165.91%91.9%0%2.19%
01/20167.05%90.53%0%2.42%
12/20157.64%90.17%0%2.19%
Click here to see more historic asset allocation information on Alger Mid Cap Growth C Fund (AMGCX)

 

graph of Alger Mid Cap Growth C Fund (AMGCX) Top 10 Position TrackingTop 10 Holdings in Alger Mid Cap Growth C (AMGCX) Fund

Discover what Alger Mid Cap Growth C Fund (AMGCX) manager is buying

Mar 30, 2016
Norwegian Cruise Line Holdings [1.86%]
Broadcom Limited [1.78%]
Verisk Analytics, Inc. [1.68%]
Jarden Corporation Common Stock [1.68%]
HD Supply Holdings, Inc. [1.65%]
Diamond Resorts International, [1.44%]
Royal Caribbean Cruises Ltd. Co [1.42%]
Allegion plc Ordinary Shares [1.37%]
ServiceNow, Inc. Common Stock [1.36%]
Transdigm Group Incorporated Tr [1.24%]

Jan 30, 2016
Broadcom Limited [1.99%]
Verisk Analytics, Inc. [1.78%]
Jarden Corporation Common Stock [1.56%]
Crown Castle International Corp [1.52%]
Norwegian Cruise Line Holdings [1.48%]
HD Supply Holdings, Inc. [1.44%]
ServiceMaster Global Holdings, [1.42%]
Dollar General Corporation Comm [1.37%]
Allegion plc Ordinary Shares [1.35%]
Royal Caribbean Cruises Ltd. Co [1.31%]

Dec 30, 2015
Norwegian Cruise Line Holdings [2.18%]
Broadcom Limited [1.93%]
Verisk Analytics, Inc. [1.58%]
Jarden Corporation Common Stock [1.5%]
Royal Caribbean Cruises Ltd. Co [1.49%]
HD Supply Holdings, Inc. [1.47%]
Allegion plc Ordinary Shares [1.41%]
ServiceNow, Inc. Common Stock [1.39%]
Crown Castle International Corp [1.37%]
DexCom, Inc. [1.35%]
Click here for Stock Holding Change Map in Alger Mid Cap Growth C Fund (AMGCX)

  

Latest News on Alger Mid Cap Growth C (AMGCX) Fund

See what is happening with Alger Mid Cap Growth C Fund (AMGCX)

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Alger Mid Cap Growth C Fund (AMGCX) Related ResourcesSee more information on Alger Mid Cap Growth C (AMGCX) Fund

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