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Alger Mid Cap Growth Institutional I ALMRX

Quantitative rating as of
NAV / 1-Day Return
16.96  /  0.59 %
Total Assets
55.9 Mil
Adj. Expense Ratio
1.270%
Expense Ratio
1.440%
Distribution Fee Level
High
Share Class Type
Institutional
Category
Mid-Cap Growth
Investment Style
Mid Growth
Min. Initial Investment
0
Status
Open
TTM Yield
0.00
Turnover
171%

Morningstar’s Analysis ALMRX

Will ALMRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

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A middling Parent Pillar and a subpar Process Pillar help limit Alger Mid Cap Growth Institutional I to a Morningstar Quantitative Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

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