ALAB - Alger Small Cap Growth Fund Q1 2025 Commentary
2025-05-25 17:35:00 ET
Summary
- Class A shares of the Alger Small Cap Growth Fund underperformed the Russell 2000 Growth Index during the first quarter of 2025.
- The Industrials and Materials sectors contributed to relative performance while Health Care and Consumer Discretionary were among sectors that detracted from relative performance.
- In the first quarter of 2025, U.S. equities experienced heightened volatility, driven by evolving fiscal, monetary, and trade policies.
Average Annual Total Returns (%) (as of 3/31/25)
QTR |
YTD |
1 Year |
3 Years |
5 Years |
10 Years |
Since Inception |
Class A (Incepted 12/31/96) Without Sales Charge |
-18.51 |
-18.51 |
-17.17 |
-8.30 |
2.81 |
5.03 |
4.81 |
With Sales Charge |
-22.79 |
-22.79 |
-21.51 |
-9.93 |
1.70 |
4.47 |
4.62 |
Russell 2000 Growth Index |
-11.12 |
-11.12 |
-4.86 |
0.78 |
10.78 |
6.14 |
(Since 12/31/96) 6.54 |