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Morningstar

Alger Small Cap Growth Institutional I ALSRX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 15.97  /  +0.06 %
  • Total Assets 98.4 Mil
  • Adj. Expense Ratio
    1.380%
  • Expense Ratio 1.380%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 30%

USD | NAV as of Jul 04, 2024 | 1-Day Return as of Jul 04, 2024, 3:56 AM GMT+0

Morningstar’s Analysis ALSRX

Will ALSRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALSRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALSRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ALSRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Alger Small Cap Growth Institutional I's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ALSRX

More ALSRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wingstop Inc

5.31 5.5 Mil
Consumer Cyclical

Chime Financial Inc Series G Pfd Stock

4.12 4.3 Mil
Corporate

Manhattan Associates Inc

4.01 4.2 Mil
Technology

Shake Shack Inc Class A

3.57 3.7 Mil
Consumer Cyclical

SPS Commerce Inc

2.99 3.1 Mil
Technology

Gates Industrial Corp PLC

2.41 2.5 Mil
Industrials

Kura Sushi USA Inc Ordinary Shares - Class A

2.40 2.5 Mil
Consumer Cyclical

Bio-Techne Corp

2.27 2.3 Mil
Healthcare

Q2 Holdings Inc

2.09 2.2 Mil
Technology

Vertex Inc Class A

2.01 2.1 Mil
Technology