Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-4.0%
1 yr return
2.8%
3 Yr Avg Return
-12.1%
5 Yr Avg Return
3.3%
Net Assets
$553 M
Holdings in Top 10
47.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.31%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 61.53%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ASIMX - Profile
Distributions
- YTD Total Return -4.0%
- 3 Yr Annualized Total Return -12.1%
- 5 Yr Annualized Total Return 3.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.02%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAlger Weatherbie Specialized Growth Fund
-
Fund Family NameAlger
-
Inception DateAug 05, 2007
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerH. George Dai
Fund Description
ASIMX - Performance
Return Ranking - Trailing
Period | ASIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.0% | -11.0% | 12.2% | 89.28% |
1 Yr | 2.8% | -7.4% | 45.9% | 86.80% |
3 Yr | -12.1%* | -25.3% | 56.7% | 92.25% |
5 Yr | 3.3%* | -4.7% | 43.7% | 93.09% |
10 Yr | 6.7%* | 0.9% | 24.0% | 74.49% |
* Annualized
Return Ranking - Calendar
Period | ASIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.3% | -20.5% | 54.6% | 70.77% |
2022 | -38.1% | -82.1% | 32.2% | 84.46% |
2021 | -15.0% | -90.6% | 300.1% | 70.99% |
2020 | 49.8% | -63.0% | 127.9% | 15.86% |
2019 | 34.0% | -7.7% | 42.9% | 5.19% |
Total Return Ranking - Trailing
Period | ASIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.0% | -11.0% | 12.2% | 89.28% |
1 Yr | 2.8% | -7.4% | 45.9% | 86.80% |
3 Yr | -12.1%* | -25.3% | 56.7% | 92.25% |
5 Yr | 3.3%* | -4.7% | 43.7% | 93.09% |
10 Yr | 6.7%* | 0.9% | 24.0% | 74.49% |
* Annualized
Total Return Ranking - Calendar
Period | ASIMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.3% | -19.0% | 136.8% | 82.22% |
2022 | -38.1% | -59.9% | 44.3% | 92.86% |
2021 | 5.6% | -22.7% | 411.9% | 69.19% |
2020 | 56.8% | 1.5% | 150.8% | 19.03% |
2019 | 39.2% | 5.5% | 55.3% | 8.08% |
NAV & Total Return History
ASIMX - Holdings
Concentration Analysis
ASIMX | Category Low | Category High | ASIMX % Rank | |
---|---|---|---|---|
Net Assets | 553 M | 207 K | 34.3 B | 49.91% |
Number of Holdings | 51 | 7 | 1180 | 88.17% |
Net Assets in Top 10 | 260 M | 57.4 K | 2.83 B | 39.65% |
Weighting of Top 10 | 47.78% | 7.1% | 100.1% | 6.45% |
Top 10 Holdings
- FirstService Corp 5.91%
- Progyny Inc 5.90%
- Casella Waste Systems Inc 5.60%
- SPS Commerce Inc 5.25%
- Vertex Inc 4.45%
- Glaukos Corp 4.25%
- Transcat Inc 4.16%
- SiteOne Landscape Supply Inc 4.09%
- Hamilton Lane Inc 4.08%
- StepStone Group Inc 4.08%
Asset Allocation
Weighting | Return Low | Return High | ASIMX % Rank | |
---|---|---|---|---|
Stocks | 97.54% | 77.88% | 108.99% | 57.74% |
Cash | 2.46% | 0.00% | 26.25% | 42.09% |
Preferred Stocks | 0.00% | 0.00% | 3.53% | 60.00% |
Other | 0.00% | -0.22% | 5.89% | 66.43% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 55.83% |
Bonds | 0.00% | 0.00% | 3.22% | 54.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ASIMX % Rank | |
---|---|---|---|---|
Industrials | 25.53% | 0.00% | 36.64% | 5.39% |
Technology | 21.05% | 2.91% | 75.51% | 75.30% |
Healthcare | 14.86% | 0.00% | 47.90% | 84.00% |
Financial Services | 13.90% | 0.00% | 42.95% | 15.13% |
Consumer Defense | 6.57% | 0.00% | 13.56% | 13.39% |
Energy | 6.36% | 0.00% | 55.49% | 10.26% |
Real Estate | 5.91% | 0.00% | 15.31% | 15.48% |
Consumer Cyclical | 5.47% | 0.00% | 24.04% | 95.65% |
Communication Services | 0.34% | 0.00% | 15.31% | 81.39% |
Utilities | 0.00% | 0.00% | 5.57% | 68.17% |
Basic Materials | 0.00% | 0.00% | 9.24% | 92.17% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ASIMX % Rank | |
---|---|---|---|---|
US | 97.54% | 30.27% | 102.09% | 48.87% |
Non US | 0.00% | 0.00% | 61.74% | 64.52% |
ASIMX - Expenses
Operational Fees
ASIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.31% | 0.05% | 23.20% | 41.64% |
Management Fee | 0.81% | 0.05% | 1.62% | 54.18% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.42% |
Administrative Fee | 0.03% | 0.01% | 0.40% | 9.41% |
Sales Fees
ASIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
ASIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
ASIMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 61.53% | 3.00% | 439.00% | 53.69% |
ASIMX - Distributions
Dividend Yield Analysis
ASIMX | Category Low | Category High | ASIMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.14% | 61.57% |
Dividend Distribution Analysis
ASIMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
ASIMX | Category Low | Category High | ASIMX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.02% | -2.47% | 1.10% | 74.25% |
Capital Gain Distribution Analysis
ASIMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
ASIMX - Fund Manager Analysis
Managers
H. George Dai
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
George Dai, Ph.D. is Chief Investment Officer and Senior Portfolio Manager of Weatherbie Capital, LLC. George is a Portfolio Manager on the Weatherbie Specialized Growth Strategy, the Weatherbie Long/Short Strategy, the Alger Dynamic Opportunities Strategy and the Alger Weatherbie Enduring Growth Strategy. Additionally, he maintains research responsibilities in the diversified business services, healthcare, and technology areas. George joined Weatherbie Capital in March 2001 and has 22 years of investment experience. Prior to joining Weatherbie, he was an equity analyst with 1838 Investment Advisors. George received his M.B.A. from the Wharton School, University of Pennsylvania, (Director’s List), and his Ph.D. in chemistry from Johns Hopkins University. Previously, he earned a B.S. from the University of Science and Technology of China and was a pharmaceutical research scientist at Procter & Gamble. George is a prized Bridge player, and he holds four U.S. patents. George was issued the Certificate in ESG Investing by the CFA Institute.
Joshua Bennett
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
Josh Bennett, CFA is Chief Operating Officer and Senior Portfolio Manager of Weatherbie Capital, LLC. Josh is a Portfolio Manager on the Weatherbie Specialized Growth Strategy, the Weatherbie Long/Short Strategy, the Alger Dynamic Opportunities Strategy and the Alger Weatherbie Enduring Growth Strategy. He also has research responsibilities in the consumer, industrials, technology and diversified business services areas. Josh joined Weatherbie Capital in July 2007 and has 21 years of investment experience. Prior to joining Weatherbie, he was an Equity Research Analyst at MFS Investment Management in Boston where he focused on the Aerospace/Defense and Transportation sectors. Josh also has previous experience with Fidelity Investments as a High Yield research associate. Josh received his M.B.A. from the Tuck School of Business at Dartmouth (Edward Tuck Scholar with Distinction) and he earned a B.A. in Economics (Summa Cum Laude) from Wheaton College (IL). Josh is a CFA charterholder and is a member of both the CFA Society Boston and the CFA Institute. Josh was issued the Certificate in ESG Investing by the CFA Society United Kingdom. He is a Trustee at Lexington Christian Academy (Lexington, MA) and a member of the Investment Committee of Christian Camps & Conferences.
Edward Minn
Start Date
Tenure
Tenure Rank
Jul 01, 2020
1.92
1.9%
Ed Minn, CFA is Senior Managing Director and Portfolio Manager on the Weatherbie Specialized Growth Strategy, the Alger Weatherbie Select 15 Strategy and the Weatherbie Growth Strategy. Ed is also Research Analyst on the Weatherbie Specialized Growth and Weatherbie Long/Short Strategies. His research responsibilities are in the consumer, media & communications, diversified business services, information services and technology areas. Ed joined Weatherbie Capital in December 2013 and has 15 years of investing experience. Prior to joining the firm, he spent five years as a research analyst at Vinik Asset Management, LP, where he focused on the technology sector. He began his investment career at Raymond James & Associates, Inc. where he worked as a research associate covering energy stocks. Ed received his M.B.A. from the University of Chicago Booth School of Business with High Honors. Ed also holds a B.S. in economics from Duke University, where he graduated Summa Cum Laude. Ed is a CFA charterholder and is a member of both the CFA Society Boston and the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.01 | 5.25 |