Nasdaq - Delayed Quote
USD
Alger Mid Cap Growth A (AMGAX)
17.96
-0.63
(-3.39%)
As of 8:10:09 AM EST. Market Open.
Fund Summary
Under normal circumstances, 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.
Alger Mid Cap Growth A
New York, NY 10010
360 Park Avenue South
Fund Overview
| Category | Mid-Cap Growth |
| Fund Family | Alger |
| Net Assets | 295.31M |
| YTD Return | 4.68% |
| Yield | 0.00% |
| Morningstar Rating | |
| Inception Date | Dec 31, 1996 |
Fund Operations
| Last Dividend | 0.45 |
| Last Cap Gain | 23.00 |
|---|---|
| Holdings Turnover | 88.64% |
| Average for Category | -- |
Fees & Expenses
| Expense | AMGAX | Category Average |
|---|---|---|
|
Annual Report Expense Ratio (net)
|
1.22% | 1.09% |
|
Prospectus Net Expense Ratio
|
1.22% | -- |
|
Prospectus Gross Expense Ratio
|
1.22% | -- |
|
Max 12b1 Fee
|
-- | -- |
|
Max Front End Sales Load
|
-- | 5.36% |
|
Max Deferred Sales Load
|
-- | 1.27% |
|
3 Yr Expense Projection
|
0 | -- |
|
5 Yr Expense Projection
|
0 | -- |
|
10 Yr Expense Projection
|
0 | -- |
Management Information
Daniel C. Chung, Lead Manager since January 23, 2018
Dan Chung, CFA is Chief Executive Officer, Chief Investment Officer and Portfolio Manager of several Alger strategies. Dan joined Alger in 1994 and has 27 years of investment experience. He was named Chief Investment Officer in September 2001, President in 2003, and CEO in 2006. Dan is also a member of The Alger Partners Plan. Throughout his tenure at Alger, he 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, and USA Today. Prior to joining Alger, Dan was an associate at Simpson Thacher & Bartlett LLP in New York City in 1989 while he earned an LL.M. from New York University. 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 graduating, he served as law clerk for the Honorable Justice Anthony M. Kennedy, United States Supreme Court. Dan graduated from Stanford University with B.A. and B.S. degrees, with Distinction and Phi Beta Kappa, in 1984. Dan is also a CFA charterholder and a member of the CFA Institute. Dan currently serves as a board trustee and former chairman of The Nature Conservancy in the State of New York and is a Global Campaign Committee Member of The Nature Conservancy. He is also actively involved with the Stanford in New York Internship Program, and frequently contributes to and supports various charitable organizations including the Harlem Education Activities Fund (HEAF) and Target Margin Theater.Morningstar Style Box
