Alger Responsible Investing Fund Class I (AGIFX)
| Fund Assets | 97.27M |
| Expense Ratio | 1.09% |
| Min. Investment | $500,000 |
| Turnover | 8.97% |
| Dividend (ttm) | 1.74 |
| Dividend Yield | 9.24% |
| Dividend Growth | 116.27% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 18.81 |
| YTD Return | -7.30% |
| 1-Year Return | 25.56% |
| 5-Year Return | 68.51% |
| 52-Week Low | 14.39 |
| 52-Week High | 22.73 |
| Beta (5Y) | 1.20 |
| Holdings | 59 |
| Inception Date | Sep 24, 2008 |
About AGIFX
The Alger Responsible Investing Fund Institutional Class is an equity mutual fund focused on integrating environmental, social, and governance (ESG) principles into its investment process. Its primary objective is to seek long-term capital appreciation by investing in companies that demonstrate strong ESG practices, while simultaneously targeting growth opportunities across various sectors. The fund employs a research-driven approach to identify businesses with robust sustainability credentials and responsible management practices, reflecting its commitment to responsible investing. By concentrating on ESG leaders and innovators, the fund aims to align with investors’ growing demand for socially conscious investment strategies. The Alger Responsible Investing Fund Institutional Class plays a significant role in the responsible investing segment of the market, offering institutional clients an avenue to participate in equity markets while promoting positive corporate behaviors related to environmental stewardship, social responsibility, and governance standards.
Performance
AGIFX had a total return of 25.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
61.14% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 14.28% |
| Microsoft Corporation | MSFT | 11.82% |
| Amazon.com, Inc. | AMZN | 7.25% |
| Apple Inc. | AAPL | 6.70% |
| AppLovin Corporation | APP | 5.06% |
| Alphabet Inc. | GOOGL | 4.56% |
| Visa Inc. | V | 3.93% |
| Lam Research Corporation | LRCX | 2.80% |
| Alphabet Inc. | GOOG | 2.50% |
| Tesla, Inc. | TSLA | 2.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $1.7388 | Dec 17, 2025 |
| Dec 12, 2024 | $0.804 | Dec 12, 2024 |
| Dec 14, 2023 | $0.4375 | Dec 14, 2023 |
| Dec 15, 2022 | $0.0915 | Dec 15, 2022 |
| Dec 16, 2021 | $1.3839 | Dec 16, 2021 |
| Dec 16, 2020 | $1.0399 | Dec 16, 2020 |