ATVVX: Alger 35 P-2

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ATVVX Alger 35 P-2


Profile

ATVVX - Profile

Vitals

  • YTD Return 37.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $13.7 M
  • Holdings in Top 10 50.8%

52 WEEK LOW AND HIGH

$16.94
$10.13
$17.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.43%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 115.25%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $25,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 37.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.09%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Alger 35 Fund
  • Fund Family Name
    Alger
  • Inception Date
    Oct 31, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Chung

Fund Description

Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the advisor believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.


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Categories

Performance

ATVVX - Performance

Return Ranking - Trailing

Period ATVVX Return Category Return Low Category Return High Rank in Category (%)
YTD 37.4% -91.6% 74.1% 5.04%
1 Yr 44.0% -92.0% 70.6% 4.21%
3 Yr N/A* -59.0% 38.0% N/A
5 Yr N/A* -41.4% 21.7% N/A
10 Yr N/A* -18.4% 18.7% N/A

* Annualized

Return Ranking - Calendar

Period ATVVX Return Category Return Low Category Return High Rank in Category (%)
2019 30.1% -67.9% 49.9% 15.66%
2018 N/A -65.5% 10.6% N/A
2017 N/A -46.3% 52.2% N/A
2016 N/A -43.3% 15.3% N/A
2015 N/A -82.5% 11.4% N/A

Total Return Ranking - Trailing

Period ATVVX Return Category Return Low Category Return High Rank in Category (%)
YTD 37.4% -91.6% 74.1% 5.04%
1 Yr 44.0% -92.0% 70.6% 4.21%
3 Yr N/A* -57.9% 38.0% N/A
5 Yr N/A* -38.8% 25.7% N/A
10 Yr N/A* -16.4% 21.9% N/A

* Annualized

Total Return Ranking - Calendar

Period ATVVX Return Category Return Low Category Return High Rank in Category (%)
2019 30.1% -67.9% 49.9% 15.74%
2018 N/A -65.5% 16.5% N/A
2017 N/A -28.2% 52.2% N/A
2016 N/A -43.3% 17.1% N/A
2015 N/A -38.0% 17.3% N/A

NAV & Total Return History


Holdings

ATVVX - Holdings

Concentration Analysis

ATVVX Category Low Category High ATVVX % Rank
Net Assets 13.7 M 858 K 218 B 96.58%
Number of Holdings 35 1 2209 86.25%
Net Assets in Top 10 5.98 M 399 K 71.6 B 97.11%
Weighting of Top 10 50.84% 13.2% 100.0% 17.17%

Top 10 Holdings

  1. Amazon.com Inc 11.33%
  2. Microsoft Corp 6.95%
  3. Apple Inc 5.10%
  4. Alphabet Inc A 5.08%
  5. Applied Materials Inc 4.38%
  6. Vail Resorts Inc 4.16%
  7. Visa Inc Class A 3.91%
  8. Crown Castle International Corp 3.46%
  9. PayPal Holdings Inc 3.43%
  10. Intuitive Surgical Inc 3.05%

Asset Allocation

Weighting Return Low Return High ATVVX % Rank
Stocks
94.23% 83.54% 103.32% 90.27%
Cash
5.77% -3.33% 14.62% 8.13%
Preferred Stocks
0.00% 0.00% 2.55% 15.43%
Other
0.00% -2.48% 6.02% 20.90%
Convertible Bonds
0.00% 0.00% 7.10% 6.53%
Bonds
0.00% -0.22% 13.73% 12.08%

Stock Sector Breakdown

Weighting Return Low Return High ATVVX % Rank
Technology
35.35% 10.36% 54.73% 26.82%
Consumer Cyclical
22.12% 0.00% 44.53% 4.79%
Healthcare
14.80% 0.00% 45.35% 53.95%
Financial Services
10.70% 0.00% 41.40% 52.43%
Real Estate
6.11% 0.00% 22.16% 2.43%
Communication Services
5.95% 0.00% 34.83% 90.88%
Consumer Defense
3.17% 0.00% 21.78% 59.73%
Industrials
1.79% 0.00% 24.88% 91.34%
Utilities
0.00% 0.00% 6.86% 38.91%
Energy
0.00% 0.00% 8.11% 48.25%
Basic Materials
0.00% 0.00% 11.56% 76.44%

Stock Geographic Breakdown

Weighting Return Low Return High ATVVX % Rank
US
92.98% 78.13% 100.25% 53.65%
Non US
1.25% 0.00% 18.14% 75.46%

Expenses

ATVVX - Expenses

Operational Fees

ATVVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.43% 0.01% 24.73% 1.09%
Management Fee 0.55% 0.00% 1.40% 26.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 1.02% 1.64%

Sales Fees

ATVVX 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% N/A

Trading Fees

ATVVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

ATVVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 115.25% 0.00% 464.00% 92.46%

Distributions

ATVVX - Distributions

Dividend Yield Analysis

ATVVX Category Low Category High ATVVX % Rank
Dividend Yield 0.10% 0.00% 19.60% 2.36%

Dividend Distribution Analysis

ATVVX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

ATVVX Category Low Category High ATVVX % Rank
Net Income Ratio 0.09% -2.06% 2.43% 45.23%

Capital Gain Distribution Analysis

ATVVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

ATVVX - Fund Manager Analysis

Managers

Daniel Chung


Start Date

Tenure

Tenure Rank

Mar 29, 2018

2.34

2.3%

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
0.01 52.61 8.36 1.25