Alger Smidcap Focus Fund Quote
| ASMZX Fund | USD 16.39 0.01 0.06% |
Performance13 of 100
| Odds Of DistressLess than 18
|
Alger Smidcap is trading at 16.39 as of the 29th of November 2024; that is 0.06% down since the beginning of the trading day. The fund's open price was 16.4. Alger Smidcap has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Alger Smidcap Focus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. Equity securities include common or preferred stocks that are listed on U.S. More on Alger Smidcap Focus
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Funds, Small Growth Funds, Small Growth, Alger (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Smidcap Focus [ASMZX] is traded in USA and was established 29th of November 2024. Alger Smidcap is listed under Alger category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Alger family. This fund presently has accumulated 682.51 M in assets under management (AUM) with no minimum investment requirementsAlger Smidcap Focus is currently producing year-to-date (YTD) return of 19.82%, while the total return for the last 3 years was -7.47%.
Check Alger Smidcap 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 Smidcap Focus 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 Smidcap Focus Mutual Fund Constituents
| NTRA | Natera Inc | Stock | Health Care | |
| PODD | Insulet | Stock | Health Care | |
| PGNY | Progyny | Stock | Health Care | |
| CRNC | Cerence | Stock | Information Technology | |
| XPO | XPO Logistics | Stock | Industrials | |
| PLNT | Planet Fitness | Stock | Consumer Discretionary | |
| UPST | Upstart Holdings | Stock | Financials | |
| EBIX | Ebix Inc | Stock | Information Technology |
Alger Smidcap Focus Risk Profiles
| Mean Deviation | 0.9511 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.65 |
Alger Smidcap Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Smidcap 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 Smidcap security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |