Alger Focus Equity Fund Class Y (ALGYX)
| Fund Assets | 4.96B |
| Expense Ratio | 0.58% |
| Min. Investment | $500,000 |
| Turnover | 134.46% |
| Dividend (ttm) | 8.09 |
| Dividend Yield | 8.68% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 93.19 |
| YTD Return | -13.58% |
| 1-Year Return | 36.03% |
| 5-Year Return | 102.30% |
| 52-Week Low | 65.87 |
| 52-Week High | 121.43 |
| Beta (5Y) | n/a |
| Holdings | 53 |
| Inception Date | Feb 28, 2017 |
About ALGYX
Alger Focus Equity Fund Class Y is an actively managed mutual fund specializing in large-cap growth equities. Its primary objective is long-term capital appreciation through a focused portfolio, typically comprised of approximately 50 holdings identified via in-depth fundamental research. The fund is characterized by its concentrated approach, allocating a substantial portion of assets to a select group of market-leading companies. Key holdings frequently include prominent technology and consumer names, such as Microsoft, NVIDIA, Amazon, Apple, and Meta Platforms, reflecting the fund’s commitment to companies with strong growth prospects. The fund maintains a high concentration in its top ten holdings, which collectively account for over half of the portfolio's assets, and it often features a high turnover ratio, indicative of active portfolio management. Designed for institutional investors, Alger Focus Equity Fund Class Y seeks to outperform broader benchmarks like the Russell 1000 Growth Index and the S&P 500 Index by harnessing the growth potential of innovative companies, thereby playing a significant role in the segment of growth-oriented U.S. equity funds.
Performance
ALGYX had a total return of 36.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.04%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
62.53% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 12.74% |
| Microsoft Corporation | MSFT | 9.72% |
| Amazon.com, Inc. | AMZN | 6.99% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.22% |
| Alphabet Inc. | GOOG | 5.13% |
| AppLovin Corporation | APP | 5.04% |
| Meta Platforms, Inc. | META | 4.99% |
| Broadcom Inc. | AVGO | 4.70% |
| Apple Inc. | AAPL | 4.57% |
| Talen Energy Corporation | TLN | 3.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $8.0851 | Dec 17, 2025 |
| 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 |