Alger Capital Appreciation Fund Quote
| ACAZX Fund | USD 40.98 0.37 0.91% |
Performance20 of 100
| Odds Of DistressLess than 15
|
Alger Capital is trading at 40.98 as of the 1st of December 2024; that is 0.91% up since the beginning of the trading day. The fund's open price was 40.61. Alger Capital has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Alger Capital Appreciation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
The fund invests at least 85 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the Manager believes demonstrate promising growth potential. The fund 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, health care, and communication services sectors.. More on Alger Capital Appreciation
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Growth Funds, Large Growth, Alger (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Capital Appreciation [ACAZX] is traded in USA and was established 1st of December 2024. Alger Capital is listed under Alger category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Alger family. This fund presently has accumulated 1.81 B in assets under management (AUM) with minimum initial investment of 500 K. Alger Capital Apprec is currently producing year-to-date (YTD) return of 48.96%, while the total return for the last 3 years was 9.42%.
Check Alger Capital Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Capital Appreciation Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Capital Appreciation Mutual Fund Constituents
| AVGO | Broadcom | Stock | Information Technology | |
| BSX | Boston Scientific Corp | Stock | Health Care | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| FISV | Fiserv Inc | Stock | Information Technology | |
| V | Visa Class A | Stock | Financials | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| TMUS | T Mobile | Stock | Communication Services | |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
Alger Capital Apprec Risk Profiles
| Mean Deviation | 0.8637 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 |
Alger Capital Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Capital financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Capital security.
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