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Alger Dynamic Opportunities A (SPEDX) Fund Ranking and Research

Ranking, Research and Recommendation of Alger Dynamic Opportunities A (SPEDX) Fund

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

 

Graph of Alger Dynamic Opportunities A Fund (SPEDX) ManagerFund Manager - Daniel Chung

Fund Manager Information

Fund Manager Tenure: 10.3 years
Fund Family: Alger
Fund Category: Long-Short Equity
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.68)     (What does this score mean?)

 

Graph of Alger Dynamic Opportunities A Fund (SPEDX) ProfileAlger Dynamic Opportunities A Fund (SPEDX) Profile

Fund Profile and Description

Alger Dynamic Opportunities A Fund seeks long-term capital appreciation. Alger Dynamic Opportunities A Fund invests primarily in a portfolio of U.S. and foreign equity securities. It may seek to actively manage the volatility of either the portfolio or individual securities through the use of short sales, options and/or other derivative instruments. Alger Dynamic Opportunities A Fund may invest a portion of its assets in equity securities not listed on an exchange. It is non-diversified.

 

Alger Dynamic Opportunities A (SPEDX) Fund Strength What we like about Alger Dynamic Opportunities A (SPEDX) Fund

Data for Alger Dynamic Opportunities A Fund (SPEDX) as of May 30, 2016

  • Alger Dynamic Opportunities A Fund (SPEDX) management has been with Alger Dynamic Opportunities A Fund for 10.3 years
  • Alger Dynamic Opportunities A Fund (SPEDX) has good mid-term performance (3-year return 4.02% vs 2.72% Long-Short Equity category median performance)
  • Alger Dynamic Opportunities A Fund (SPEDX) has good Long-term performance (5-year return 3.42% vs 2.87% Long-Short Equity category median performance)
  • Alger Dynamic Opportunities A Fund (SPEDX) ratio of up-years vs down years is greater than 2
  • Alger Dynamic Opportunities A Fund (SPEDX) has an annual stock turnover rate of 178.19% vs Long-Short Equity average of 218.72%. It is good that Alger Dynamic Opportunities A management does not trade extensively for its return.
  • Alger Dynamic Opportunities A Fund (SPEDX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.76, lower than category average of 8.81
  • Alger Dynamic Opportunities A Fund (SPEDX) has a lower expense ratio than its Long-Short Equity average: 1.76% vs 1.90%

Alger Dynamic Opportunities A Fund (SPEDX) Weakness What we are cautious about Alger Dynamic Opportunities A (SPEDX) Fund

Data for Alger Dynamic Opportunities A Fund (SPEDX) as of May 30, 2016

  • Alger Dynamic Opportunities A Fund (SPEDX) has a less-than-ideal short-term performance (1-year return -6.44% vs -3.77% Long-Short Equity category median performance)
  • Alger Dynamic Opportunities A Fund (SPEDX) has a Morningstar rating of 3 and below
  • Alger Dynamic Opportunities A Fund (SPEDX) carries a 5.25% load
  • Asset base in Alger Dynamic Opportunities A Fund (SPEDX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Alger Dynamic Opportunities A Fund (SPEDX) performance details as of May 30, 2016

 

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Compare Alger Dynamic Opportunities A Fund (SPEDX)Compare with other top Long-Short Equity category mutual funds

Aadditional top Long-Short Equity mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Alger Dynamic Opportunities A-2.89-6.444.023.42
Boston Partners Long/Short Equity Instl (BPLSX)11.4912.095.377.58Compare
Burnham Financial Long/Short A (BURFX)-4.536.8212.4710.68Compare
Diamond Hill Long-Short A (DIAMX)2.27-1.425.517.22Compare

See top fund managers for Long-Short Equity Category Funds

 

Graph of Alger Dynamic Opportunities A Fund (SPEDX) Net Asset TrackingAlger Dynamic Opportunities A (SPEDX) Fund Net Asset

Track net asset change of Alger Dynamic Opportunities A fund (SPEDX)

DateNet Asset
05/2016$94.92M
03/2016$109.72M
02/2016$110.35M
More historic net asset information on Alger Dynamic Opportunities A Fund (SPEDX)

  

Graph of Alger Dynamic Opportunities A Fund (SPEDX) Portfolio TrackingAlger Dynamic Opportunities A (SPEDX) Fund Portfolio Allocation

Track portfolio allocation change of Alger Dynamic Opportunities A fund (SPEDX)

DateCashStockBondOther
03/201635.35%63.77%0%0.89%
12/201536.74%62.37%0%0.9%
11/201534.04%65.12%0%0.83%
Click here to see more historic asset allocation information on Alger Dynamic Opportunities A Fund (SPEDX)

 

graph of Alger Dynamic Opportunities A Fund (SPEDX) Top 10 Position TrackingTop 10 Holdings in Alger Dynamic Opportunities A (SPEDX) Fund

Discover what Alger Dynamic Opportunities A Fund (SPEDX) manager is buying

Mar 30, 2016
Alphabet Inc. [4.73%]
Apple Inc. [2.69%]
Facebook, Inc. [2.56%]
Microsoft Corporation [2.33%]
Amazon.com, Inc. [2.05%]
TubeMogul, Inc. [1.74%]
Comcast Corporation [1.68%]
Norwegian Cruise Line Holdings [1.66%]
Pepsico, Inc. Common Stock [1.61%]
Honeywell International Inc. Co [1.59%]

Dec 30, 2015
Alphabet Inc. [4.14%]
Microsoft Corporation [2.71%]
Amazon.com, Inc. [2.6%]
Facebook, Inc. [2.47%]
Shire PLC ADR [1.63%]
Home Depot, Inc. (The) Common S [1.6%]
Verisk Analytics, Inc. [1.6%]
Pepsico, Inc. Common Stock [1.54%]
Apple Inc. [1.52%]
Comcast Corporation [1.5%]

Nov 29, 2015
Alphabet Inc. [3.15%]
Microsoft Corporation [2.73%]
Amazon.com, Inc. [2.45%]
The Blackstone Group L.P. Commo [1.74%]
Comcast Corporation [1.67%]
Shire PLC ADR [1.65%]
Boeing Company (The) Common Sto [1.56%]
Home Depot, Inc. (The) Common S [1.55%]
Verisk Analytics, Inc. [1.54%]
Apple Inc. [1.52%]
Click here for Stock Holding Change Map in Alger Dynamic Opportunities A Fund (SPEDX)

  

Latest News on Alger Dynamic Opportunities A (SPEDX) Fund

See what is happening with Alger Dynamic Opportunities A Fund (SPEDX)

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Alger Dynamic Opportunities A Fund (SPEDX) Related ResourcesSee more information on Alger Dynamic Opportunities A (SPEDX) Fund

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