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Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
49.4%
1 yr return
63.7%
3 Yr Avg Return
9.8%
5 Yr Avg Return
20.7%
Net Assets
$1.4 B
Holdings in Top 10
58.8%
Expense Ratio 0.93%
Front Load N/A
Deferred Load N/A
Turnover 107.82%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | ALGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 49.4% | 1.1% | 49.9% | 0.27% |
1 Yr | 63.7% | 5.8% | 72.5% | 0.54% |
3 Yr | 9.8%* | -27.2% | 24.8% | 11.98% |
5 Yr | 20.7%* | -13.3% | 30.8% | 7.08% |
10 Yr | 17.0%* | -4.4% | 20.0% | 4.80% |
* Annualized
Period | ALGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 44.0% | -74.1% | 72.4% | 14.66% |
2022 | -36.0% | -85.9% | 4.7% | 60.81% |
2021 | 4.9% | -52.4% | 60.5% | 61.84% |
2020 | 37.1% | -34.3% | 145.0% | 21.08% |
2019 | 31.1% | -6.9% | 49.4% | 16.68% |
Period | ALGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 49.4% | 1.1% | 49.9% | 0.27% |
1 Yr | 63.7% | 5.8% | 72.5% | 0.54% |
3 Yr | 9.8%* | -27.2% | 24.8% | 11.98% |
5 Yr | 20.7%* | -13.3% | 30.8% | 7.08% |
10 Yr | 17.0%* | -4.4% | 20.0% | 4.80% |
* Annualized
Period | ALGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 44.2% | -4.6% | 72.4% | 20.72% |
2022 | -35.9% | -61.7% | 5.6% | 80.31% |
2021 | 19.7% | -39.8% | 118.1% | 62.86% |
2020 | 45.8% | 2.8% | 149.2% | 20.69% |
2019 | 33.9% | -5.2% | 49.4% | 42.57% |
ALGRX | Category Low | Category High | ALGRX % Rank | |
---|---|---|---|---|
Net Assets | 1.4 B | 292 K | 287 B | 51.71% |
Number of Holdings | 51 | 2 | 3061 | 63.37% |
Net Assets in Top 10 | 936 M | 126 K | 151 B | 48.87% |
Weighting of Top 10 | 58.84% | 0.7% | 205.0% | 26.99% |
Weighting | Return Low | Return High | ALGRX % Rank | |
---|---|---|---|---|
Stocks | 96.13% | 0.00% | 115.30% | 90.55% |
Cash | 4.05% | 0.00% | 173.52% | 8.37% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 60.31% |
Other | 0.00% | -31.50% | 50.35% | 62.20% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 53.92% |
Bonds | 0.00% | 0.00% | 102.71% | 55.63% |
Weighting | Return Low | Return High | ALGRX % Rank | |
---|---|---|---|---|
Technology | 43.05% | 0.00% | 65.70% | 14.16% |
Consumer Cyclical | 20.79% | 0.00% | 62.57% | 15.15% |
Financial Services | 9.53% | 0.00% | 43.06% | 46.98% |
Communication Services | 8.98% | 0.00% | 66.40% | 67.90% |
Healthcare | 8.78% | 0.00% | 39.76% | 84.85% |
Industrials | 7.55% | 0.00% | 30.65% | 32.46% |
Energy | 0.87% | 0.00% | 41.09% | 45.09% |
Basic Materials | 0.44% | 0.00% | 18.91% | 69.97% |
Utilities | 0.00% | 0.00% | 16.07% | 67.72% |
Real Estate | 0.00% | 0.00% | 16.05% | 84.58% |
Consumer Defense | 0.00% | 0.00% | 25.50% | 94.05% |
Weighting | Return Low | Return High | ALGRX % Rank | |
---|---|---|---|---|
US | 96.13% | 0.00% | 115.30% | 77.05% |
Non US | 0.00% | 0.00% | 75.51% | 68.50% |
ALGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.93% | 0.01% | 28.71% | 51.22% |
Management Fee | 0.52% | 0.00% | 1.50% | 35.36% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.03% | 0.01% | 1.02% | 7.23% |
ALGRX 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 |
ALGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
ALGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 107.82% | 0.00% | 316.74% | 90.51% |
ALGRX | Category Low | Category High | ALGRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.07% | 0.00% | 27.58% | 40.36% |
ALGRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
ALGRX | Category Low | Category High | ALGRX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.39% | -6.13% | 3.48% | 57.31% |
ALGRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.053 | OrdinaryDividend |
Dec 15, 2022 | $0.024 | OrdinaryDividend |
Dec 15, 2021 | $7.964 | OrdinaryDividend |
Dec 16, 2020 | $3.391 | OrdinaryDividend |
Dec 18, 2019 | $0.065 | OrdinaryDividend |
Dec 18, 2019 | $0.114 | CapitalGainShortTerm |
Dec 18, 2019 | $0.645 | CapitalGainLongTerm |
Dec 18, 2018 | $0.168 | CapitalGainShortTerm |
Dec 18, 2018 | $1.455 | CapitalGainLongTerm |
Dec 15, 2017 | $0.245 | CapitalGainShortTerm |
Dec 15, 2017 | $0.981 | CapitalGainLongTerm |
Dec 21, 2010 | $0.104 | OrdinaryDividend |
Dec 22, 2009 | $0.045 | OrdinaryDividend |
Dec 20, 2005 | $0.041 | OrdinaryDividend |
Dec 15, 2000 | $0.994 | CapitalGainLongTerm |
Jun 28, 2000 | $1.274 | CapitalGainShortTerm |
Jun 28, 2000 | $0.640 | CapitalGainLongTerm |
Jun 29, 1999 | $0.380 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 01, 2012
9.5
9.5%
Patrick Kelly, CFA is Executive Vice President, Portfolio Manager and Head of Alger Capital Appreciation and Spectra Strategies, which include Alger Focus Equity. He joined Alger in 1999 and has 24 years of investment experience. He began his career at Alger as a Research Associate and completed Alger’s in-house analyst training program. In early 2001, Patrick was promoted to Associate Analyst and Assistant Vice President, and then ultimately Senior Analyst, responsible for the Technology sector. Patrick was named Portfolio Manager of the Alger Capital Appreciation and Alger Spectra Strategies in 2004, and was named Head of Alger Capital Appreciation and Alger Spectra Strategies in 2015. Additionally, Patrick is a member of The Alger Partners Plan. During his tenure at Alger, he has been featured and quoted in a number of publications such as: Barron’s, Investor’s Business Daily, Citywire, Bloomberg, and Fortune. Prior to joining Alger, Patrick was an investment banking analyst with SG Cowen. He earned his B.S from Georgetown University where he graduated with honors. Patrick is a CFA charterholder and a member of the CFA Institute.
Start Date
Tenure
Tenure Rank
Mar 31, 2021
1.17
1.2%
Dr. Ankur Crawford is Executive Vice President and Portfolio Manager of the Alger Capital Appreciation, Alger Focus Equity, and Alger Spectra strategies. She joined Alger in September 2004 and has 17 years of investment experience. Ankur began her career at Alger as a Research Associate and successfully completed Alger’s in-house analyst training program. Over the next several years, Ankur was promoted to Associate Analyst, Analyst, and, ultimately, Senior Analyst. She was named portfolio manager of the Alger Mid Cap Growth strategies in 2010 and promoted to Head of the Technology sector team in January 2013 (until April 2016). In 2015, Ankur was added as a portfolio manager of the Alger Capital Appreciation, Alger Focus Equity and Alger Spectra strategies. Ankur is a member of The Alger Partners Plan. During her tenure at Alger, she has been featured and quoted in InvestmentNews, Investor’s Business Daily and Fortune. In 2020, Ankur was recognized as a “Top Women in Asset Management” honoree by Money Management Executive. Ankur was elected to the board of The Knowledge House, a Bronx-based charity with the mission of teaching underprivileged communities a skill set in technology that enables them to enter the “gig” economy. Ankur earned a B.S. in both Mechanical Engineering and Materials Science and Engineering from the University of California, Berkeley and also received an M.S. and a Ph.D. in Materials Science and Engineering from Stanford University. Ankur was awarded a fellowship from the prestigious Intel PhD Fellowship Program and worked as an engineer with Intel. She was also awarded a fellowship from the National Academy of Sciences, Engineering and Medicine. In addition, Ankur holds several U.S. patents.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.23 | 3.08 |
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