9 important things you should know about Alger ADOCX mutual fund
Updated: November 29, 2021
Bull case

No bull case arguments.

Bear case
Low net assets
3-year return below the benchmark
5-year return below the benchmark
10-year return below the benchmark
High expense ratio
Sales load and/or distribution fees

Before we start: if you’re looking for ADOCX “stock” price, you can quickly find it out by visiting Finny and typing "ADOCX quote". If you’re looking for a quick scoop on ADOCX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ADOCX". You’ll get all this info in one place.

Are you looking to buy or sell ADOCX? Or perhaps you’re looking for ADOCX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ADOCX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ADOCX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ADOCX buy or sell; the pros and cons of investing in ADOCX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ADOCX.

And here is the list of questions we’ll answer:

  1. Describe Alger Funds II: Alger Dynamic Opportunities Fund; Class C Shares (ADOCX).
  2. What are ADOCX holdings?
  3. What is ADOCX performance? What are ADOCX historical returns?
  4. What is ADOCX dividend yield?
  5. What is ADOCX minimum initial investment amount?
  6. Does ADOCX have any sales loads or 12b-1 distribution expenses?
  7. What is ADOCX Finny Score? ADOCX buy or sell?
  8. What are the pros of investing in ADOCX? What are ADOCX buy reasons?
  9. What are the cons of investing in ADOCX? What are ADOCX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Alger Funds II: Alger Dynamic Opportunities Fund; Class C Shares (ADOCX).

The Fund seeks long-term capital appreciation with emphasis on risk-adjusted returns and lower volatility. The Fund invests primarily in US and foreign equity securities (i.e., taking long positions). The Fund also identifies securities that it believes will underperform and will sell these securities short.

2. What are ADOCX top holdings?

ADOCX has 207 stock holdings and 0 bond holdings.

The top 10 holdings represent 25.56% of total assets. Here are the top holdings:

Name Symbol % Assets
Chegg Inc CHGG 4.14%
Nevro Corp NVRO 3.40%
Wayfair Inc Class A W 3.29%
FirstService Corp FSV.TO 2.54%
Paylocity Holding Corp PCTY 2.38%
Progyny Inc PGNY 2.27%
TransDigm Group Inc TDG 2.06%
Apple Inc AAPL 1.94%
Insulet Corp PODD 1.82%
Waste Connections Inc WCN.TO 1.72%

3. What is ADOCX performance? What are ADOCX historical returns?

ADOCX has generated the following returns:

  • 1-month return is -8.04%;
  • 3-month return is -5.15%;
  • 1-year return is -5.15%;
  • 3-year return is 18.86%;
  • 5-year return is 13.96%;
  • 10-year return is 9.96%.

4. What is ADOCX dividend yield?

ADOCX yield is 0%.

5. What is ADOCX minimum initial investment amount?

ADOCX minimum initial investment amount is $1.00K.

6. Does ADOCX have any sales loads or 12b-1 distribution expenses?

ADOCX 12b-1 distribution fee is 1. ADOCX front-end sales load is 0. ADOCX back-end sales load is 1.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

8. What are the pros of investing in ADOCX? What are ADOCX buy reasons?

We don't see any strong reasons to buy ADOCX.

9. What are the cons of investing in ADOCX? What are ADOCX negatives?

The following are ADOCX weaknesses from our perspective:

  • ADOCX net assets are $17.80 million. This fund is not a popular choice with retail investors.
  • ADOCX 3-year return is 18.86%, which is lower than the 3-year return of the benchmark index (S&P 500 TR USD), 21.93%.
  • ADOCX 5-year return is 13.96%, which is lower than the 5-year return of the benchmark index (S&P 500 TR USD), 17.9%.
  • ADOCX 10-year return is 9.96%, which is lower than the 10-year return of the benchmark index (S&P 500 TR USD), 17.09%.
  • ADOCX expense ratio is 1.68%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
In the ADOCX review, we covered ADOCX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.