Alger International Opportunities Fund Class C (ALGCX)
| Fund Assets | 159.50M |
| Expense Ratio | 1.92% |
| Min. Investment | $1,000 |
| Turnover | 93.24% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 5.78% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 17.21 |
| YTD Return | 17.04% |
| 1-Year Return | 12.09% |
| 5-Year Return | 36.75% |
| 52-Week Low | 13.73 |
| 52-Week High | 17.51 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Aug 1, 1997 |
About ALGCX
Alger International Opportunities Fund Class C is an actively managed mutual fund that focuses on seeking long-term capital appreciation by investing primarily in equity securities of companies located outside the United States. Adhering to a growth-oriented strategy, the fund typically allocates at least 80% of its net assets to international stocks, including common shares and American Depositary Receipts. The portfolio is concentrated, generally comprising around 35–45 holdings, and targets companies identified through proprietary research as having strong growth potential, often due to factors like high unit volume growth or significant business lifecycle changes. The fund's holdings span a broad range of industries and countries, providing investors with exposure to developed and emerging international markets. As part of the Foreign Large Growth category, Alger International Opportunities Fund Class C plays a significant role for investors seeking international diversification and access to dynamic, high-growth companies outside the U.S.
Performance
ALGCX had a total return of 12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.48%.
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 | $0.5689 | Dec 18, 2019 |
| Dec 18, 2018 | $0.2477 | Dec 18, 2018 |
| Dec 15, 2017 | $0.7625 | Dec 15, 2017 |
| Dec 14, 2016 | $0.1302 | Dec 14, 2016 |