Alger International Opportunities Fund Class B (AFGPX)
| Fund Assets | 159.50M |
| Expense Ratio | 2.00% |
| Min. Investment | $1,000 |
| Turnover | 93.24% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 5.34% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 18.60 |
| YTD Return | 17.35% |
| 1-Year Return | 11.69% |
| 5-Year Return | 44.04% |
| 52-Week Low | 14.81 |
| 52-Week High | 18.92 |
| Beta (5Y) | 1.04 |
| Holdings | 42 |
| Inception Date | Nov 11, 1986 |
About AFGPX
Alger International Opportunities Fund Class B is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in a focused portfolio of 35 to 45 equity securities of companies located outside the United States. The fund emphasizes growth-oriented investments across multiple sectors and industries, targeting companies with strong opportunities for expansion in developed and emerging international markets. Its strategy typically involves allocating at least 80% of its net assets to equity securities, providing exposure to a wide array of non-U.S. businesses while maintaining a concentrated approach to security selection. The fund benchmarks its performance against the MSCI EAFE Index, which is a leading gauge for international developed markets. As part of the foreign large growth category, Alger International Opportunities Fund Class B plays a significant role in helping investors diversify geographically beyond U.S. borders and access potential growth in global equity markets.
Performance
AFGPX had a total return of 11.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.11%.
Top 10 Holdings
33.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Obligations Cash Management | DTRXX | 4.45% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 4.03% |
| Nintendo Co Ltd | 7974 | 3.50% |
| ICICI Bank Limited | IBN | 3.45% |
| CTS Eventim AG & Co KGaA | EVD | 3.45% |
| Lonza Group AG | LONN | 3.23% |
| HEICO Corporation | HEI | 3.12% |
| CaixaBank SA | CABK | 2.92% |
| Minerals Technologies Inc. | MTX | 2.87% |
| AstraZeneca PLC | AZN | 2.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.9932 | Dec 12, 2024 |
| Dec 16, 2021 | $1.969 | Dec 16, 2021 |
| Dec 18, 2019 | $0.6116 | Dec 18, 2019 |
| Dec 18, 2018 | $0.3353 | Dec 18, 2018 |
| Dec 15, 2017 | $0.7807 | Dec 15, 2017 |
| Dec 14, 2016 | $0.1573 | Dec 14, 2016 |