Alger Global Equity Fund Class I (AFGIX)
| Fund Assets | 20.14M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 86.92% |
| Dividend (ttm) | 2.47 |
| Dividend Yield | 8.94% |
| Dividend Growth | -45.96% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 27.63 |
| YTD Return | 3.48% |
| 1-Year Return | 7.38% |
| 5-Year Return | 8.20% |
| 52-Week Low | 20.45 |
| 52-Week High | 28.25 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | May 31, 2013 |
About AFGIX
Alger Global Equity Fund Class I is an actively managed mutual fund focused on delivering both capital preservation and appreciation by investing in a diversified portfolio of global companies. Structured as an institutional share class, the fund targets large-cap growth equities across multiple regions and sectors. Its holdings span a range of industries, with notable allocations to technology, consumer cyclical, healthcare, and financial services firms. The fund’s strategy emphasizes companies with strong growth prospects and competitive advantages, as reflected by sizable positions in industry leaders such as NVIDIA, Amazon.com, and Alphabet. With a high portfolio turnover and a significant portion of assets concentrated in its top holdings, the fund seeks to capture growth opportunities on a global scale. It is categorized as a global large-stock growth fund and is designed for investors seeking exposure to a wide array of developed and emerging markets. While its primary objective is long-term capital growth, the fund’s relatively high expense ratio and active management style position it as a specialized vehicle within the landscape of global equity investments.
Performance
AFGIX had a total return of 7.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.13%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGETX | Fidelity | Fidelity Advisor Global Capital Appreciation Fund - Class M | 1.55% |
| FEUIX | Fidelity | Fidelity Advisor Global Capital Appreciation Fund - Class I | 1.05% |
| FGEAX | Fidelity | Fidelity Advisor Global Capital Appreciation Fund - Class A | 1.30% |
| FEUCX | Fidelity | Fidelity Advisor Global Capital Appreciation Fund - Class C | 2.05% |
Top 10 Holdings
42.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 6.74% |
| Amazon.com, Inc. | AMZN | 6.04% |
| NVIDIA Corporation | NVDA | 5.34% |
| Meta Platforms, Inc. | META | 4.41% |
| Shopify Inc. | SHOP | 3.94% |
| Hitachi, Ltd. | 6501 | 3.77% |
| CRH plc | CRH | 3.58% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.13% |
| Nintendo Co., Ltd. | 7974 | 2.91% |
| Lonza Group AG | LONN | 2.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $2.4694 | Dec 17, 2025 |
| Dec 12, 2024 | $4.5694 | Dec 12, 2024 |
| Dec 18, 2019 | $0.7434 | Dec 18, 2019 |
| Dec 18, 2018 | $1.7364 | Dec 18, 2018 |