Alger Mid Cap Growth Institutional I
(ALMRX)
US Markets Closed
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21.56
+0.15
+0.70%
:

Previous Close

21.41

Net Assets

123.47M

Yield

0.00%

Front load

None

Expenses

1.29%

Category

Mid-Cap Growth

Morningstar Risk

Above Average

Morningstar Rating ★★★
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Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • ALMRX

  • Category

    • 2013

    • 36.21%

    • -

    • 2012

    • 16.24%

    • -

    • 2011

    • -7.75%

    • -

    • 2010

    • 19.32%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 11.52%

      • 13.82%

      • 9.72%

      • Q2

      • 1.89%

      • -4.36%

      • -1.35%

      • Q3

      • 9.56%

      • 5.33%

      • -23.10%

      • Q4

      • 9.41%

      • 1.38%

      • 10.83%

      Composition
      Sector Weightings
      Equity Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Royal Caribbean Cruises Ltd

        • 2.37

        • 62,100

        • 11,100

        • Tenet Healthcare Corp

        • 2.21

        • 65,400

        • 8,900

        • Level 3 Communications Inc

        • 1.59

        • 56,600

        • 14,300

        • Parsley Energy Inc Class A

        • 1.57

        • 108,986

        • 0

        • Cabot Oil & Gas Corp Class A

        • 1.51

        • 71,500

        • 0

        • AthenaHealth Inc

        • 1.45

        • 18,200

        • 8,800

        • Starwood Hotels & Resorts Worldwide Inc

        • 1.37

        • 27,800

        • 3,000

        • Avago Technologies Ltd

        • 1.31

        • 29,600

        • 0

        • IPC The Hospitalist Co Inc

        • 1.31

        • 41,700

        • 13,900

        • BorgWarner Inc

        • 1.31

        • 32,900

        • -3,700

        • Name

        • Rating

        • YTD Return %

          • Hartford MidCap Y

          • ★★★★★
          • 5.28

          • HSBC Opportunity I

          • ★★★★★
          • 1.60

          • Nicholas

          • ★★★★★
          • 6.07

          • RS Mid Cap Growth Y

          • ★★★★★
          • -0.52

          • Principal MidCap C

          • ★★★★★
          • 4.17

          • Eventide Gilead N

          • ★★★★★
          • 7.22

          • Principal MidCap B

          • ★★★★★
          • 3.97

          • Principal MidCap R1

          • ★★★★★
          • 4.43

          • Principal MidCap A

          • ★★★★★
          • 4.79

          • Principal MidCap A Load Waived

          • ★★★★★
          • 4.79

          • Name

          • ALMRX

          • Category

            • Expense Ratio

            • 1.29%

            • 1.33%

            • Net Assets

            • 123.47M

            • 427.77M

            • Dividend Yield

            • 0.79%

            • 0.68

            • Price/Book

            • 3.19

            • 3.28

            • Price/Sales

            • 1.49

            • 1.84

            • Price/Cash Flow

            • 11.03

            • 12.24

            Profile

            Name of Issuer

            Alger

            Fund Style

            Open

            Fund Manager

            Christopher Walsh

            Investment Style

            Medium Growth

            The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks. It can also invest in derivative instruments.

            Purchase Information

            Initial Purchase 0
            Initial Purchase: IRA NA
            Initial Purchase: AIP NA
            Front load None
            Back Load None

            Inception

            11/8/1993