Alger Dynamic Opportunities Fund Quote
| ADOCX Fund | USD 17.44 0.03 0.17% |
PerformanceVery Weak
| Odds Of DistressLow
|
Alger Dynamic is trading at 17.44 as of the 24th of March 2025; that is 0.17 percent increase since the beginning of the trading day. The fund's open price was 17.41. Alger Dynamic 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 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
The fund invests in a portfolio of U.S. and foreign equity securities . It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. More on Alger Dynamic Opportunities
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, Alger (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Dynamic Opportunities [ADOCX] is traded in USA and was established 24th of March 2025. Alger Dynamic is listed under Alger category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Alger family. This fund presently has accumulated 370.36 M in assets under management (AUM) with no minimum investment requirementsAlger Dynamic Opport is currently producing year-to-date (YTD) return of 2.24%, while the total return for the last 3 years was 3.22%.
Check Alger Dynamic 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 Dynamic Opportunities 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 Dynamic Opportunities Mutual Fund Constituents
| QQQ | Invesco QQQ Trust | Etf | Large Growth | |
| IWP | iShares Russell Mid Cap | Etf | Mid-Cap Growth | |
| W | Wayfair | Stock | Consumer Discretionary | |
| MTSI | MACOM Technology Solutions | Stock | Information Technology | |
| NVRO | Nevro Corp | Stock | Health Care | |
| PCTY | Paylocity Holdng | Stock | Information Technology | |
| BA | The Boeing | Stock | Industrials | |
| PGNY | Progyny | Stock | Health Care |
Alger Dynamic Opport Risk Profiles
| Mean Deviation | 0.7859 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.03 | |||
| Risk Adjusted Performance | (0.1) |
Alger Dynamic Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Dynamic 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 Dynamic security.
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