Alger Emerging Markets I (AIEMX)
| Fund Assets | 24.39M |
| Expense Ratio | 1.45% |
| Min. Investment | $500,000 |
| Turnover | 52.39% |
| Dividend (ttm) | 0.01 |
| Dividend Yield | 0.04% |
| Dividend Growth | -81.17% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 16.09 |
| YTD Return | 23.18% |
| 1-Year Return | 37.05% |
| 5-Year Return | 15.89% |
| 52-Week Low | 11.68 |
| 52-Week High | 17.32 |
| Beta (5Y) | 0.81 |
| Holdings | 42 |
| Inception Date | Dec 29, 2010 |
About AIEMX
Alger Emerging Markets Fund Class I is a diversified mutual fund primarily focused on achieving long-term capital appreciation by investing in equity securities from emerging market economies. The fund typically maintains a concentrated portfolio of approximately 35 to 45 companies, selected through in-depth fundamental research targeting firms with growth potential within developing regions. Its investments span a wide array of sectors and industries, offering exposure to fast-growing economies predominantly in Asia and Latin America, though other emerging markets may also be included. Distinct from some of its peers, the fund exhibits a preference for smaller, growth-oriented companies, aiming to capitalize on dynamic market trends in less mature economies. The Alger Emerging Markets Fund Class I plays a significant role for investors seeking diversification outside developed markets, balancing global portfolios with opportunities driven by economic expansion, demographic shifts, and rising consumer demand in emerging nations.
Performance
AIEMX had a total return of 37.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.
Top 10 Holdings
48.37% of assets| Name | Symbol | Weight |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TWD10 | 2330 | 14.88% |
| TENCENT HOLDINGS LTD HKD0.00002 | 700 | 5.46% |
| Dreyfus Treasury Obligations Cash Management | DTRXX | 4.79% |
| SAMSUNG ELECTRONICS CO LTD KRW100 | 005930 | 4.54% |
| WEICHAI POWER CO LTD 'H'CNY1 | 2338 | 3.85% |
| SK HYNIX INC KRW5000 | 000660 | 3.32% |
| HD HYUNDAI ELECTRIC CO LTD KRW5000 | 267260 | 3.07% |
| OTP BANK NYRT HUF100 | OTP | 2.91% |
| SK SQUARE CO LTD KRW100 | 402340 | 2.78% |
| SAMSUNG SECURITIES COMPANY LTD KRW5000 | 016360 | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.0061 | Dec 17, 2025 |
| Dec 12, 2024 | $0.0324 | Dec 12, 2024 |
| Dec 16, 2021 | $0.5481 | Dec 16, 2021 |
| Dec 18, 2019 | $0.5074 | Dec 18, 2019 |
| Dec 18, 2018 | $0.2017 | Dec 18, 2018 |
| Dec 16, 2015 | $0.0029 | Dec 16, 2015 |