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Alger Mid Cap Growth I-2 (AMGOX) Fund Ranking and Research

Ranking, Research and Recommendation of Alger Mid Cap Growth I-2 (AMGOX) Fund

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

 

Graph of Alger Mid Cap Growth I-2 Fund (AMGOX) ManagerFund Manager - Teresa McRoberts

Fund Manager Information

Fund Manager Tenure: 4.6 years
Similar Funds: AMGAX  AMGCX 
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 I-2 Fund (AMGOX) ProfileAlger Mid Cap Growth I-2 Fund (AMGOX) Profile

Fund Profile and Description

Alger Mid Cap Growth I-2 Fund seeks long-term capital appreciation. Alger Mid Cap Growth I-2 Fund focuses on midsized companies that the management believes demonstrate promising growth potential. It normally invests at least 80% of net assets, plus any borrowings for investment purposes, in equity securities of companies that have a market capitalization within the range of companies included in the Russell Midcap Growth index or the S&P MidCap 400 index.

 

Alger Mid Cap Growth I-2 (AMGOX) Fund Strength What we like about Alger Mid Cap Growth I-2 (AMGOX) Fund

Data for Alger Mid Cap Growth I-2 Fund (AMGOX) as of May 30, 2016

  • Alger Mid Cap Growth I-2 Fund (AMGOX) management has been with Alger Mid Cap Growth I-2 Fund for 4.6 years
  • Alger Mid Cap Growth I-2 Fund (AMGOX) ratio of up-years vs down years is greater than 2
  • Alger Mid Cap Growth I-2 Fund (AMGOX) has a lower expense ratio than its Mid-Cap Growth average: 0.96% vs 1.28%
  • Alger Mid Cap Growth I-2 Fund (AMGOX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Alger Mid Cap Growth I-2 Fund (AMGOX) Weakness What we are cautious about Alger Mid Cap Growth I-2 (AMGOX) Fund

Data for Alger Mid Cap Growth I-2 Fund (AMGOX) as of May 30, 2016

  • Alger Mid Cap Growth I-2 Fund (AMGOX) has a less-than-ideal short-term performance (1-year return -12.22% vs -5.73% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth I-2 Fund (AMGOX) has a less-than-ideal mid-term performance (3-year return 6.76% vs 8.38% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth I-2 Fund (AMGOX) has a less-than-ideal Long-term performance (5-year return 6.21% vs 7.70% Mid-Cap Growth category median performance)
  • Alger Mid Cap Growth I-2 Fund (AMGOX) has a Morningstar rating of 3 and below
  • Alger Mid Cap Growth I-2 Fund (AMGOX) has an annual stock turnover rate of 116.84% that is higher than the Mid-Cap Growth average of 50.96%. This could mean Alger Mid Cap Growth I-2 is more nimble, but also signal potential high tax impact and high trading fees
  • Alger Mid Cap Growth I-2 Fund (AMGOX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.05 that is higher than category average of 13.49
See Alger Mid Cap Growth I-2 Fund (AMGOX) performance details as of May 30, 2016

 

What do you think?

 

Compare Alger Mid Cap Growth I-2 Fund (AMGOX)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 I-2-3.18-12.226.766.21
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 I-2 Fund (AMGOX)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 I-2 Fund (AMGOX) Net Asset TrackingAlger Mid Cap Growth I-2 (AMGOX) Fund Net Asset

Track net asset change of Alger Mid Cap Growth I-2 fund (AMGOX)

DateNet Asset
05/2016$126.61M
03/2016$127.11M
02/2016$119.89M
More historic net asset information on Alger Mid Cap Growth I-2 Fund (AMGOX)

  

Graph of Alger Mid Cap Growth I-2 Fund (AMGOX) Portfolio TrackingAlger Mid Cap Growth I-2 (AMGOX) Fund Portfolio Allocation

Track portfolio allocation change of Alger Mid Cap Growth I-2 fund (AMGOX)

DateCashStockBondOther
03/20164.75%92.81%0%2.44%
12/20155.12%92.42%0%2.46%
11/20154.45%93.25%0%2.3%
Click here to see more historic asset allocation information on Alger Mid Cap Growth I-2 Fund (AMGOX)

 

graph of Alger Mid Cap Growth I-2 Fund (AMGOX) Top 10 Position TrackingTop 10 Holdings in Alger Mid Cap Growth I-2 (AMGOX) Fund

Discover what Alger Mid Cap Growth I-2 Fund (AMGOX) manager is buying

Mar 30, 2016
Norwegian Cruise Line Holdings [1.91%]
Broadcom Limited [1.8%]
Verisk Analytics, Inc. [1.77%]
HD Supply Holdings, Inc. [1.69%]
Jarden Corporation Common Stock [1.68%]
Royal Caribbean Cruises Ltd. Co [1.48%]
Diamond Resorts International, [1.46%]
ServiceNow, Inc. Common Stock [1.4%]
Allegion plc Ordinary Shares [1.4%]
Delphi Automotive PLC [1.27%]

Dec 30, 2015
Norwegian Cruise Line Holdings [2.24%]
Broadcom Limited [1.96%]
Verisk Analytics, Inc. [1.68%]
Royal Caribbean Cruises Ltd. Co [1.59%]
Jarden Corporation Common Stock [1.52%]
HD Supply Holdings, Inc. [1.52%]
Allegion plc Ordinary Shares [1.45%]
ServiceNow, Inc. Common Stock [1.44%]
Delphi Automotive PLC [1.41%]
Crown Castle International Corp [1.4%]

Nov 29, 2015
Norwegian Cruise Line Holdings [2.14%]
Broadcom Limited [1.96%]
ServiceNow, Inc. Common Stock [1.65%]
Verisk Analytics, Inc. [1.6%]
Alliance Data Systems Corporati [1.48%]
Allegion plc Ordinary Shares [1.45%]
Royal Caribbean Cruises Ltd. Co [1.42%]
Fiserv, Inc. [1.42%]
Delphi Automotive PLC [1.41%]
DexCom, Inc. [1.4%]
Click here for Stock Holding Change Map in Alger Mid Cap Growth I-2 Fund (AMGOX)

  

Latest News on Alger Mid Cap Growth I-2 (AMGOX) Fund

See what is happening with Alger Mid Cap Growth I-2 Fund (AMGOX)

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Alger Mid Cap Growth I-2 Fund (AMGOX) Related ResourcesSee more information on Alger Mid Cap Growth I-2 (AMGOX) Fund

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