Alger 35 P-2
Name
As of 10/29/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
21.6%
1 yr return
44.2%
3 Yr Avg Return
34.7%
5 Yr Avg Return
N/A
Net Assets
$44.2 M
Holdings in Top 10
47.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 121.74%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$25,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/29/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ATVVX - Profile
Distributions
- YTD Total Return 21.6%
- 3 Yr Annualized Total Return 34.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -56.00%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAlger 35 Fund
-
Fund Family NameAlger
-
Inception DateOct 31, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDaniel Chung
Fund Description
ATVVX - Performance
Return Ranking - Trailing
Period | ATVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.6% | -87.6% | 130.1% | 48.81% |
1 Yr | 44.2% | -9.0% | 110.3% | 12.11% |
3 Yr | 34.7%* | 7.8% | 65.6% | 6.85% |
5 Yr | N/A* | 11.0% | 47.5% | N/A |
10 Yr | N/A* | 10.0% | 29.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | ATVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 42.4% | -67.0% | 145.0% | 13.43% |
2022 | 30.1% | -28.8% | 76.0% | 19.08% |
2021 | N/A | -57.9% | 10.6% | N/A |
2020 | N/A | -68.7% | 64.3% | N/A |
2019 | N/A | -47.1% | 53.3% | N/A |
Total Return Ranking - Trailing
Period | ATVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.6% | -87.7% | 130.1% | 48.66% |
1 Yr | 44.2% | -9.0% | 110.3% | 11.90% |
3 Yr | 34.7%* | 6.5% | 65.6% | 6.10% |
5 Yr | N/A* | 10.5% | 47.5% | N/A |
10 Yr | N/A* | 9.9% | 29.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ATVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 42.4% | -67.0% | 145.0% | 13.43% |
2022 | 30.1% | -28.8% | 76.0% | 19.17% |
2021 | N/A | -57.9% | 16.5% | N/A |
2020 | N/A | -24.8% | 64.3% | N/A |
2019 | N/A | -43.3% | 53.3% | N/A |
NAV & Total Return History
ATVVX - Holdings
Concentration Analysis
ATVVX | Category Low | Category High | ATVVX % Rank | |
---|---|---|---|---|
Net Assets | 44.2 M | 234 K | 301 B | 92.52% |
Number of Holdings | 35 | 2 | 3265 | 81.53% |
Net Assets in Top 10 | 20.7 M | -22.9 M | 105 B | 83.03% |
Weighting of Top 10 | 47.80% | 8.7% | 100.0% | 28.84% |
Top 10 Holdings
- Microsoft Corp 8.48%
- Amazon.com Inc 8.38%
- Applied Materials Inc 4.88%
- Intuitive Surgical Inc 4.76%
- Tesla Inc 4.69%
- dMY Technology Group Inc II Ordinary Shares - Class A 4.25%
- Genius Sports Ltd 4.22%
- PayPal Holdings Inc 3.95%
- Pinterest Inc 3.91%
- Heico Corp 3.52%
Asset Allocation
Weighting | Return Low | Return High | ATVVX % Rank | |
---|---|---|---|---|
Stocks | 96.05% | 37.39% | 143.69% | 91.48% |
Cash | 3.95% | -43.73% | 62.65% | 4.36% |
Preferred Stocks | 0.00% | -0.01% | 3.23% | 51.53% |
Other | 0.00% | -1.10% | 19.10% | 57.19% |
Convertible Bonds | 0.00% | 0.00% | 0.36% | 49.35% |
Bonds | 0.00% | -0.35% | 12.40% | 48.60% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ATVVX % Rank | |
---|---|---|---|---|
Technology | 40.22% | 0.00% | 64.91% | 17.38% |
Healthcare | 17.24% | 0.00% | 42.91% | 14.79% |
Financial Services | 12.97% | 0.00% | 44.16% | 26.38% |
Consumer Cyclical | 11.62% | 0.00% | 51.75% | 76.96% |
Communication Services | 9.67% | 0.00% | 66.36% | 81.05% |
Industrials | 3.66% | 0.00% | 39.00% | 79.41% |
Real Estate | 3.46% | 0.00% | 21.64% | 9.61% |
Energy | 1.15% | 0.00% | 13.60% | 22.70% |
Utilities | 0.00% | 0.00% | 7.82% | 63.33% |
Consumer Defense | 0.00% | 0.00% | 23.31% | 94.96% |
Basic Materials | 0.00% | 0.00% | 22.40% | 86.09% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ATVVX % Rank | |
---|---|---|---|---|
US | 88.13% | 19.32% | 139.71% | 78.94% |
Non US | 7.92% | 0.00% | 55.27% | 27.33% |
ATVVX - Expenses
Operational Fees
ATVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.01% | 13.41% | 63.54% |
Management Fee | 0.45% | 0.00% | 1.50% | 19.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.03% | 0.01% | 1.02% | 4.55% |
Sales Fees
ATVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
ATVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 5.00% | 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.
ATVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 121.74% | 0.00% | 414.00% | 91.90% |
ATVVX - Distributions
Dividend Yield Analysis
ATVVX | Category Low | Category High | ATVVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.59% | 48.01% |
Dividend Distribution Analysis
ATVVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
ATVVX | Category Low | Category High | ATVVX % Rank | |
---|---|---|---|---|
Net Income Ratio | -56.00% | -56.00% | 2.90% | 100.00% |
Capital Gain Distribution Analysis
ATVVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
ATVVX - Fund Manager Analysis
Managers
Daniel Chung
Start Date
Tenure
Tenure Rank
Mar 29, 2018
3.59
3.6%
Dan Chung, CFA is Chief Executive Officer, Chief Investment Officer and Portfolio Manager of several Alger strategies. Dan joined Alger in 1994 and has 25 years of investment experience. He was named Chief Investment Officer in September 2001, President in 2003, and CEO in 2006. Dan graduated from Stanford University with B.A. and B.S. degrees, with Distinction and Phi Beta Kappa, in 1984. He earned his J.D. magna cum laude from Harvard Law School in 1987, where he was an editor of the Harvard Law Review. After law school, he served as law clerk for the Honorable Justice Anthony M. Kennedy, United States Supreme Court. He joined Simpson Thacher & Bartlett LLP in New York City in 1989 and earned an L.L.M. from New York University. Dan is a CFA charterholder and a member of the CFA Institute. Throughout his tenure at Alger, Dan has made numerous TV appearances on Bloomberg, CNBC, and Fox Business. Dan has also been featured and quoted frequently in Barron’s, Citywire, Forbes, Investment News, Pensions & Investments, USA Today, and the Wall Street Journal.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 53.87 | 7.49 | 1.83 |