Alger Mid Cap Fund Quote
AMGOX Fund | USD 18.93 0.02 0.11% |
PerformanceVery Weak
| Odds Of DistressLow
|
Alger Mid is trading at 18.93 as of the 1st of May 2025; that is 0.11% down since the beginning of the trading day. The fund's open price was 18.95. Alger Mid has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 31st of January 2025 and ending today, the 1st of May 2025. Click here to learn more.
The advisor focuses on mid-sized companies that the advisor believes demonstrate promising growth potential. Under normal circumstances, it invests at least 80 percent of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the SP MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. More on Alger Mid Cap
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
Fund Concentration | Alger Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Alger (View all Sectors) |
Update Date | 28th of December 2021 |
Alger Mid Cap [AMGOX] is traded in USA and was established 1st of May 2025. Alger Mid is listed under Alger category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Alger family. This fund presently has accumulated 159.89 M in assets under management (AUM) with no minimum investment requirementsAlger Mid Cap is currently producing year-to-date (YTD) return of 1.86%, while the total return for the last 3 years was 4.99%.
Check Alger Mid 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 Mid Cap 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 Mid Cap Mutual Fund Constituents
PLNT | Planet Fitness | Stock | Consumer Discretionary | |
FIS | Fidelity National Information | Stock | Financials | |
ROKU | Roku Inc | Stock | Communication Services | |
CPRT | Copart Inc | Stock | Industrials | |
DOCU | DocuSign | Stock | Information Technology | |
AVGO | Broadcom | Stock | Information Technology | |
ETSY | Etsy Inc | Stock | Consumer Discretionary | |
SRPT | Sarepta Therapeutics | Stock | Health Care |
Alger Mid Cap Risk Profiles
Mean Deviation | 1.85 | |||
Standard Deviation | 2.61 | |||
Variance | 6.82 | |||
Risk Adjusted Performance | (0.07) |
Alger Mid Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Mid 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 Mid security.
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