Alger Emerging Markets Fund Class I (AIEMX)
| Fund Assets | 18.66M |
| Expense Ratio | 1.49% |
| Min. Investment | $0.00 |
| 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 | 14.86 |
| YTD Return | 12.50% |
| 1-Year Return | 38.72% |
| 5-Year Return | 8.35% |
| 52-Week Low | 10.75 |
| 52-Week High | 15.10 |
| Beta (5Y) | 0.80 |
| 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 38.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.55%.
Top 10 Holdings
46.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 13.24% |
| Tencent Holdings Limited | 0700 | 7.64% |
| SK hynix Inc. | 000660 | 4.52% |
| Weichai Power Co., Ltd. | 2338 | 3.73% |
| OTP Bank Nyrt. | OTP | 3.01% |
| Alibaba Group Holding Limited | 9988 | 2.99% |
| National Bank of Greece S.A. | ETE | 2.79% |
| PriceSmart, Inc. | PSMT | 2.79% |
| Bharat Electronics Limited | BEL | 2.77% |
| Nu Holdings Ltd. | NU | 2.70% |
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 |