Alger Focus Equity Fund Class Y (ALGYX)

Fund Assets	319.33M
Expense Ratio	0.58%
Min. Investment	$500,000
Turnover	n/a
Dividend (ttm)	0.07
Dividend Yield	0.08%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	86.13
YTD Return	6.90%
1-Year Return	31.98%
5-Year Return	138.99%
52-Week Low	62.85
52-Week High	90.14
Beta (5Y)	n/a
Holdings	50
Inception Date	Feb 28, 2017

About ALGYX

The Fund's investment strategy focuses on Growth with 0.63% total expense ratio. The minimum amount to invest in Alger Institutional Funds: Alger Focus Equity Fund; Class Y Shares is $500,000 on a standard taxable account. Alger Institutional Funds: Alger Focus Equity Fund; Class Y Shares seeks long-term capital appreciation by investing in common stocks of companies which appear, on the basis of original research, to have unusual appreciation potential, due to high unit volume growth or major life cycle change.

• Category: Large Growth
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ALGYX
• Share Class: Class Y
• Index: Russell 1000 Growth TR

Performance

ALGYX had a total return of 31.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.33%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VRGWX	Vanguard	Vanguard Russell 1000 Growth Index Fund Institutional Shares	0.07%
VWUAX	Vanguard	Vanguard U.S. Growth Fund Admiral™ Shares	0.22%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ALZFX	Class Z	0.63%
ALGRX	Class I	0.94%
ALAFX	Class A	0.95%
ALCFX	Class C	1.72%

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	$0.0688	Dec 14, 2023
Dec 15, 2022	$0.0375	Dec 15, 2022
Dec 16, 2021	$7.9638	Dec 16, 2021
Dec 16, 2020	$3.4068	Dec 16, 2020
Dec 18, 2019	$0.8897	Dec 18, 2019
Dec 18, 2018	$1.7039	Dec 18, 2018