Alger International Opportunities Fund Class I (AIGIX)
| Fund Assets | 159.50M |
| Expense Ratio | 1.29% |
| Min. Investment | $500,000 |
| Turnover | 93.24% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 4.52% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 22.00 |
| YTD Return | 17.66% |
| 1-Year Return | 12.67% |
| 5-Year Return | 42.51% |
| 52-Week Low | 17.52 |
| 52-Week High | 22.38 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | May 31, 2013 |
About AIGIX
Alger International Opportunities Fund Class I is an actively managed mutual fund focused on international equity investments. The fund primarily seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of companies located outside the United States, including common stocks and American Depositary Receipts. Its portfolio is diversified across developed and emerging markets, targeting companies that exhibit strong growth potential due to high unit volume growth or transformative life cycle events. Typically, the fund holds a focused collection of approximately 35 to 45 securities, aiming to identify international companies with unusual appreciation opportunities based on original research. The fund serves investors seeking exposure to foreign large-growth equities and benchmarks its performance against the MSCI All Country World ex USA Index. Since its inception in 2013, the fund has played a distinct role in offering U.S. investors access to global equity markets while striving for capital appreciation through disciplined stock selection and active management.
Performance
AIGIX had a total return of 12.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.64%.
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 | $0.7259 | Dec 18, 2019 |
| Dec 18, 2018 | $0.4525 | Dec 18, 2018 |
| Dec 15, 2017 | $0.8435 | Dec 15, 2017 |
| Dec 14, 2016 | $0.2697 | Dec 14, 2016 |