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Trending ETFs

Alger Large Cap Growth Portfolio

mutual fund
AAGOX
Payout Change
Suspended
Price as of:
$73.44 -0.04 -0.05%
primary theme
U.S. Large-Cap Growth Equity
share class
AAGOX (Mutual Fund)

Alger Large Cap Growth Portfolio

Payout Change
Suspended
Price as of:
$73.44 -0.04 -0.05%
primary theme
U.S. Large-Cap Growth Equity
share class
AAGOX (Mutual Fund)

Alger Large Cap Growth Portfolio

Payout Change
Suspended
Price as of:
$73.44 -0.04 -0.05%
primary theme
U.S. Large-Cap Growth Equity
share class

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$73.44

$330 M

0.00%

0.87%

Vitals

YTD Return

17.7%

1 yr return

32.6%

3 Yr Avg Return

2.0%

5 Yr Avg Return

15.0%

Net Assets

$330 M

Holdings in Top 10

44.8%

52 WEEK LOW AND HIGH

$73.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.87%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 69.92%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$73.44

$330 M

0.00%

0.87%

AAGOX - Profile

Distributions

  • YTD Total Return 17.7%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 15.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Alger Large Cap Growth Portfolio
  • Fund Family Name
    Alger Family of Funds
  • Inception Date
    Jan 06, 2089
  • Shares Outstanding
    N/A
  • Share Class
    I2
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Chung

Fund Description

The Manager believes companies undergoing Positive Dynamic Change offer the best opportunities. Positive Dynamic Change refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, rapidly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefitting from new regulations, a new product innovation or new management.The Portfolio focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. Under normal circumstances, the Portfolio invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported by the index as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks. At December 31, 2023, the market capitalization of the companies in this index ranged from $978 million to $2.99 trillion. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges.The Portfolio may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive. As a result, the Portfolio may engage in active trading of portfolio securities.The Portfolio may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, consumer discretionary, and health care sectors.The Portfolio can invest in foreign securities.The Portfolio invests in cash (and cash equivalents) when the Portfolio is unable to find enough attractive long-term investments to meet its investment objective, to meet redemptions and/or when the Manager believes it is advisable to do so during times of short-term market volatility. During these times, cash (and cash equivalents) will not exceed 15% of the Portfolio’s net assets.
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AAGOX - Performance

Return Ranking - Trailing

Period AAGOX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -11.0% 25.9% 6.74%
1 Yr 32.6% -12.6% 63.0% 59.86%
3 Yr 2.0%* -27.1% 25.1% 90.07%
5 Yr 15.0%* -14.5% 29.5% 51.87%
10 Yr 13.0%* -5.0% 19.6% 58.11%

* Annualized

Return Ranking - Calendar

Period AAGOX Return Category Return Low Category Return High Rank in Category (%)
2023 32.7% -36.9% 72.4% 49.96%
2022 -42.0% -85.9% 4.7% 86.29%
2021 -13.2% -52.4% 60.5% 91.44%
2020 45.2% -34.3% 145.0% 12.32%
2019 25.0% -21.8% 49.4% 46.86%

Total Return Ranking - Trailing

Period AAGOX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -11.0% 25.9% 6.74%
1 Yr 32.6% -12.6% 63.0% 59.86%
3 Yr 2.0%* -27.1% 25.1% 90.07%
5 Yr 15.0%* -14.5% 29.5% 51.87%
10 Yr 13.0%* -5.0% 19.6% 58.11%

* Annualized

Total Return Ranking - Calendar

Period AAGOX Return Category Return Low Category Return High Rank in Category (%)
2023 32.7% -4.6% 72.4% 68.62%
2022 -38.7% -61.7% 5.6% 88.16%
2021 11.8% -39.8% 118.1% 86.13%
2020 67.0% 2.8% 149.2% 7.66%
2019 27.4% -5.2% 49.4% 90.20%

NAV & Total Return History


AAGOX - Holdings

Concentration Analysis

AAGOX Category Low Category High AAGOX % Rank
Net Assets 330 M 242 K 269 B 71.27%
Number of Holdings 58 2 3211 55.13%
Net Assets in Top 10 132 M 109 K 111 B 73.79%
Weighting of Top 10 44.82% 0.7% 100.3% 71.97%

Top 10 Holdings

  1. MICROSOFT CORP 0.00000000 9.20%
  2. AMAZON.COM INC 0.00000000 6.67%
  3. APPLE INC 0.00000000 5.63%
  4. NVIDIA CORP 0.00000000 4.80%
  5. ALPHABET INC-CL C 0.00000000 3.68%
  6. UNITED STATES TREASURY BILL ZCP 0.00000000 3.06%
  7. ADVANCED MICRO DEVICES 0.00000000 3.02%
  8. NETFLIX INC 0.00000000 3.00%
  9. SCHLUMBERGER LTD 0.00000000 2.90%
  10. META PLATFORMS INC-CLASS A 0.00000000 2.86%

Asset Allocation

Weighting Return Low Return High AAGOX % Rank
Stocks
95.58% 0.00% 130.05% 94.74%
Cash
4.42% 0.00% 99.00% 5.70%
Preferred Stocks
0.00% 0.00% 7.84% 66.70%
Other
0.00% -43.49% 50.04% 70.11%
Convertible Bonds
0.00% 0.00% 1.94% 62.93%
Bonds
0.00% 0.00% 104.29% 63.89%

Stock Sector Breakdown

Weighting Return Low Return High AAGOX % Rank
Technology
41.80% 0.00% 65.70% 20.33%
Consumer Cyclical
19.03% 0.00% 62.57% 22.52%
Healthcare
15.85% 0.00% 39.76% 21.12%
Industrials
7.46% 0.00% 30.65% 33.65%
Communication Services
6.45% 0.00% 66.40% 83.26%
Financial Services
6.29% 0.00% 43.06% 77.56%
Real Estate
1.10% 0.00% 16.05% 51.36%
Energy
1.08% 0.00% 41.09% 35.50%
Consumer Defense
0.94% 0.00% 25.50% 81.60%
Utilities
0.00% 0.00% 16.07% 71.78%
Basic Materials
0.00% 0.00% 18.91% 88.52%

Stock Geographic Breakdown

Weighting Return Low Return High AAGOX % Rank
US
95.58% 0.00% 130.05% 80.19%
Non US
0.00% 0.00% 78.10% 73.88%

AAGOX - Expenses

Operational Fees

AAGOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.87% 0.01% 28.71% 58.61%
Management Fee 0.71% 0.00% 1.40% 72.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 1.02% 6.41%

Sales Fees

AAGOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AAGOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

AAGOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 69.92% 0.00% 316.74% 78.34%

AAGOX - Distributions

Dividend Yield Analysis

AAGOX Category Low Category High AAGOX % Rank
Dividend Yield 0.00% 0.00% 27.58% 77.36%

Dividend Distribution Analysis

AAGOX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

AAGOX Category Low Category High AAGOX % Rank
Net Income Ratio -0.10% -6.13% 1.75% 32.86%

Capital Gain Distribution Analysis

AAGOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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AAGOX - Fund Manager Analysis

Managers

Daniel Chung


Start Date

Tenure

Tenure Rank

Sep 30, 2001

20.68

20.7%

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.

Sanjiv Talwar


Start Date

Tenure

Tenure Rank

Jul 01, 2021

0.92

0.9%

Dr. Sanjiv Talwar is Senior Vice President, Senior Analyst, Portfolio Manager of the Alger Health Sciences and Large Cap Growth strategies and the Head of Healthcare. He joined Alger in 2021 with 15 years of investment experience and more than 12 years of experience in scientific and medical research. Before joining Alger, Sanjiv was a Portfolio Manager, Senior Analyst and Director of Equity Research for Oppenheimer Funds, a life sciences fund from 2012 to 2021 at Invesco, where he also served as a Senior Healthcare Analyst on a global fund. Prior to that, Sanjiv was an Associate Principal at McKinsey & Company from 2006 to 2012, where he led consulting teams focused on healthcare, serving industry and private equity globally.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.27 3.08