Alger Funds - Alger Capital Appreciation Fund Class B
Name
As of 06/01/2020Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$1.84 B
Holdings in Top 10
43.7%
52 WEEK LOW AND HIGH
$21.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 06/01/2020Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ACAPX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
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Legal NameAlger Funds - Alger Capital Appreciation Fund Class B
-
Fund Family NameAlger Family of Funds
-
Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Manager believes companies undergoing Positive Dynamic Change offer the best investment opportunities. Positive Dynamic Change refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, rapidly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefitting from new regulations, a new product innovation or new management.Under normal market circumstances, the Fund invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the Manager believes demonstrate promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges.The Fund may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive. As a result, the Fund may engage in active trading of portfolio securities.The Fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care, and consumer discretionary sectors.The Fund can invest in foreign securities.The Fund invests in cash (and cash equivalents) when the Fund is unable to find enough attractive long-term investments to meet its investment objective, to meet redemptions and/or when the Manager believes it is advisable to do so during times of short-term market volatility. During these times, cash (and cash equivalents) will not exceed 15% of the Fund’s net assets.
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ACAPX - Performance
Return Ranking - Trailing
Period | ACAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -91.6% | 86.2% | 73.44% |
1 Yr | N/A | -92.0% | 115.1% | 84.25% |
3 Yr | N/A* | -59.0% | 39.7% | 70.59% |
5 Yr | N/A* | -41.4% | 33.3% | 75.81% |
10 Yr | N/A* | -18.4% | 17.5% | 59.22% |
* Annualized
Return Ranking - Calendar
Period | ACAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.9% | 49.9% | 77.34% |
2022 | N/A | -65.5% | 10.6% | 62.68% |
2021 | N/A | -46.3% | 52.2% | 44.40% |
2020 | 18.7% | -56.6% | 15.3% | 58.40% |
2019 | -14.6% | -82.5% | 11.4% | 55.11% |
Total Return Ranking - Trailing
Period | ACAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -91.6% | 86.2% | 73.44% |
1 Yr | N/A | -92.0% | 115.1% | 84.25% |
3 Yr | N/A* | -57.9% | 39.7% | 75.51% |
5 Yr | N/A* | -38.8% | 33.3% | 86.00% |
10 Yr | N/A* | -17.0% | 21.6% | 78.73% |
* Annualized
Total Return Ranking - Calendar
Period | ACAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.9% | 49.9% | 77.50% |
2022 | N/A | -65.5% | 16.5% | 75.73% |
2021 | N/A | -28.2% | 52.2% | 24.26% |
2020 | 32.1% | -56.6% | 17.1% | 76.31% |
2019 | -1.7% | -38.0% | 17.3% | 80.59% |
NAV & Total Return History
ACAPX - Holdings
Concentration Analysis
ACAPX | Category Low | Category High | ACAPX % Rank | |
---|---|---|---|---|
Net Assets | 1.84 B | 818 K | 235 B | 36.12% |
Number of Holdings | 90 | 2 | 2263 | 29.85% |
Net Assets in Top 10 | 795 M | 399 K | 71.6 B | 34.88% |
Weighting of Top 10 | 43.74% | 13.5% | 100.0% | 10.75% |
Top 10 Holdings
- MICROSOFT CORP 10.83%
- AMAZON.COM INC 6.90%
- APPLE INC 6.10%
- ALPHABET INC-CL C 3.79%
- UNITEDHEALTH GROUP INC 3.42%
- VISA INC-CLASS A SHARES 2.89%
- DANAHER CORP 2.71%
- INTUIT INC 2.52%
- MGM RESORTS INTERNATIONAL 2.39%
- LIVE NATIONAL ENTERTAINMENT INC 2.19%
Asset Allocation
Weighting | Return Low | Return High | ACAPX % Rank | |
---|---|---|---|---|
Stocks | 97.18% | 60.93% | 103.32% | 69.68% |
Cash | 2.44% | -5.73% | 39.07% | 30.63% |
Other | 0.31% | -1.64% | 18.70% | 90.49% |
Preferred Stocks | 0.07% | 0.00% | 2.55% | 8.20% |
Convertible Bonds | 0.00% | 0.00% | 6.70% | 90.87% |
Bonds | 0.00% | -0.48% | 13.73% | 90.72% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ACAPX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 11.79% | 94.04% |
Technology | 0.00% | 4.67% | 54.73% | 31.01% |
Real Estate | 0.00% | 0.00% | 22.16% | 54.37% |
Industrials | 0.00% | 0.00% | 24.88% | 82.91% |
Healthcare | 0.00% | 0.00% | 60.93% | 36.81% |
Financial Services | 0.00% | 0.00% | 41.40% | 37.97% |
Energy | 0.00% | 0.00% | 7.94% | 94.97% |
Communication Services | 0.00% | 0.00% | 34.83% | 54.91% |
Consumer Defense | 0.00% | 0.00% | 19.15% | 85.46% |
Consumer Cyclical | 0.00% | 0.00% | 44.53% | 17.79% |
Basic Materials | 0.00% | 0.00% | 13.33% | 54.91% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ACAPX % Rank | |
---|---|---|---|---|
US | 96.11% | 60.93% | 100.05% | 67.98% |
Non US | 1.07% | 0.00% | 18.83% | 29.39% |
ACAPX - Expenses
Operational Fees
ACAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.01% | 24.73% | 10.52% |
Management Fee | N/A | 0.00% | 1.40% | 87.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | 98.61% |
Administrative Fee | N/A | 0.01% | 1.02% | 6.64% |
Sales Fees
ACAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | 8.57% |
Trading Fees
ACAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 34.56% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ACAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 464.00% | 78.08% |
ACAPX - Distributions
Dividend Yield Analysis
ACAPX | Category Low | Category High | ACAPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 19.69% | 91.17% |
Dividend Distribution Analysis
ACAPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
ACAPX | Category Low | Category High | ACAPX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -8.87% | 2.43% | 94.90% |
Capital Gain Distribution Analysis
ACAPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Semi-Annually |