Alger Focus Equity Fund Class I (ALGRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
85.09
+2.27 (2.74%)
May 28, 2025, 8:09 AM EDT
31.51% (1Y)
| Fund Assets | 419.00M |
| Expense Ratio | 0.94% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.05 |
| Dividend Yield | 0.06% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 82.82 |
| YTD Return | 6.75% |
| 1-Year Return | 31.52% |
| 5-Year Return | 135.00% |
| 52-Week Low | 60.61 |
| 52-Week High | 86.76 |
| Beta (5Y) | 1.13 |
| Holdings | 50 |
| Inception Date | Nov 8, 1993 |
About ALGRX
The investment seeks long-term capital appreciation. The advisor intends to invest a substantial portion of its assets in a small number of issuers, and may focus its portfolio in fewer business sectors or industries. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally exceed this number for a variety of reasons. The fund may engage in active trading of portfolio securities.
Fund Family Alger Funds Inst
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol ALGRX
Share Class Class I
Index Russell 1000 Growth TR
Performance
ALGRX had a total return of 31.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
| FBGKX | Fidelity | Fidelity Blue Chip Growth Fund - Class K | 0.59% |
Top 10 Holdings
55.73% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 9.95% |
| Microsoft Corporation | MSFT | 9.08% |
| Meta Platforms, Inc. | META | 6.24% |
| Amazon.com, Inc. | AMZN | 5.50% |
| AppLovin Corporation | APP | 5.03% |
| Apple Inc. | AAPL | 4.56% |
| Broadcom Inc. | AVGO | 4.25% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 4.02% |
| GFL Environmental Inc. | GFL | 3.57% |
| Netflix, Inc. | NFLX | 3.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 14, 2023 | $0.0533 | Dec 14, 2023 |
| Dec 15, 2022 | $0.0235 | Dec 15, 2022 |
| Dec 16, 2021 | $7.9638 | Dec 16, 2021 |
| Dec 16, 2020 | $3.3911 | Dec 16, 2020 |
| Dec 18, 2019 | $0.8251 | Dec 18, 2019 |
| Dec 18, 2018 | $1.6229 | Dec 18, 2018 |