Alger Focus Equity Fund Class I (ALGRX)
| Fund Assets | 7.01B |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000 |
| Turnover | 134.46% |
| Dividend (ttm) | 8.09 |
| Dividend Yield | 6.94% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 118.44 |
| YTD Return | 12.54% |
| 1-Year Return | 36.73% |
| 5-Year Return | 125.32% |
| 52-Week Low | 89.09 |
| 52-Week High | 121.94 |
| Beta (5Y) | 1.27 |
| Holdings | 54 |
| Inception Date | Nov 8, 1993 |
About ALGRX
Alger Focus Equity Fund Class I is an open-end mutual fund that primarily seeks long-term capital appreciation. The fund distinguishes itself by maintaining a concentrated portfolio, typically holding around 50 equities, allowing for greater focus on select companies identified through in-depth fundamental research. Managed with a high-conviction, active approach, Alger Focus Equity Fund Class I invests across a broad spectrum of market capitalizations but often emphasizes large, growth-oriented firms, especially in sectors such as technology, communication services, and consumer discretionary. Its top holdings frequently include industry-leading companies demonstrating strong growth potential and innovative business models. The fund may also concentrate its assets in fewer sectors or industries to capitalize on targeted opportunities, resulting in a higher degree of portfolio focus compared to more broadly diversified funds. Classified in the large growth category, the fund serves as a tool for investors seeking exposure to high-growth equities through a disciplined, research-driven strategy. The minimum investment requirement is typically low or nonexistent for institutional class shares, and the fund is managed by the Alger Family of Funds, with a history dating back to its inception in 1993.
Performance
ALGRX had a total return of 36.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
61.15% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.01% |
| Amazon.com, Inc. | AMZN | 7.50% |
| Microsoft Corporation | MSFT | 6.76% |
| Alphabet Inc. | GOOG | 6.48% |
| Western Digital Corporation | WDC | 5.29% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.07% |
| Broadcom Inc. | AVGO | 4.84% |
| Meta Platforms, Inc. | META | 4.64% |
| Apple Inc. | AAPL | 3.81% |
| Nebius Group N.V. | NBIS | 3.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $8.0851 | Dec 17, 2025 |
| 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 |