Alger Mid Cap Focus Fund Class I (AFOIX)

Fund Assets	332.24M
Expense Ratio	1.15%
Min. Investment	$500,000
Turnover	265.15%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	23.13
YTD Return	13.55%
1-Year Return	20.56%
5-Year Return	19.43%
52-Week Low	18.12
52-Week High	23.71
Beta (5Y)	1.10
Holdings	53
Inception Date	Jun 14, 2019

About AFOIX

Alger Mid Cap Focus Fund Class I is an actively managed mutual fund designed to pursue long-term capital appreciation by investing primarily in U.S. mid-cap growth companies. The fund typically allocates at least 80% of its net assets to the equity securities of mid-cap firms, targeting businesses that demonstrate strong growth prospects and innovative characteristics. Managed by Amy Zhang since its inception in 2019, the fund builds a concentrated portfolio of approximately 50 holdings, reflecting Alger’s conviction in select stocks identified through fundamental research. The fund’s portfolio spans a range of sectors, with notable exposures to technology, healthcare, industrials, and communication services. Key holdings have included companies like AppLovin, Natera, and Axon Enterprise, illustrating its focus on emerging leaders within their respective industries. The fund is classified in the mid-cap growth category and uses the S&P 500 Total Return Index as a benchmark for performance evaluation. With a relatively high turnover rate and a focus on growth-oriented equities, Alger Mid Cap Focus Fund Class I plays a significant role in offering investors access to the dynamic segment of U.S. mid-sized companies.

• Fund Family: Alger
• Category: Mid-Cap Growth
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: AFOIX
• Share Class: Class I
• Index: Russell MidCap Growth TR

Performance

AFOIX had a total return of 20.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.30%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ALOYX	Class Y	0.74%
AFOZX	Class Z	0.82%
ALOAX	Class A	1.15%
ALOCX	Class C	1.92%

Top 10 Holdings

31.46% of assets

Name	Symbol	Weight
Vertiv Holdings Co	VRT	3.80%
Comfort Systems USA, Inc.	FIX	3.56%
Nebius Group N.V.	NBIS	3.41%
Cloudflare, Inc.	NET	3.34%
Databricks	n/a	3.03%
Western Digital Corporation	WDC	2.92%
Astera Labs, Inc.	ALAB	2.91%
Modine Manufacturing Company	MOD	2.84%
RBC Bearings Incorporated	RBC	2.83%
Robinhood Markets, Inc.	HOOD	2.83%

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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