Alger Responsible Investing Fund Class Z (ALGZX)
| Fund Assets | 102.28M |
| Expense Ratio | 0.96% |
| Min. Investment | $500,000 |
| Turnover | 8.97% |
| Dividend (ttm) | 1.74 |
| Dividend Yield | 8.60% |
| Dividend Growth | 116.27% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 20.28 |
| YTD Return | -4.94% |
| 1-Year Return | 13.24% |
| 5-Year Return | 65.63% |
| 52-Week Low | 13.87 |
| 52-Week High | 21.94 |
| Beta (5Y) | n/a |
| Holdings | 59 |
| Inception Date | Oct 14, 2016 |
About ALGZX
The Alger Responsible Investing Fund Class Z is an actively managed mutual fund that seeks long-term capital appreciation by investing in companies demonstrating strong growth prospects while adhering to socially responsible business practices. The fund primarily allocates assets to equity securities of firms across various market capitalizations, with a focus on organizations that meet environmental, social, and governance (ESG) criteria. Its portfolio is concentrated in industry-leading technology and consumer companies, with substantial holdings in names such as Microsoft, NVIDIA, Apple, and Amazon, reflecting a growth-oriented investment strategy. Designed for investors seeking exposure to large growth companies balanced with ESG considerations, the fund evaluates not only financial factors but also a company’s sustainability practices and ethical impact. While it aims to minimize investments in industries like fossil fuels, deforestation, and other sectors with heightened ESG risks, the fund may retain minimal exposure to such industries in pursuit of its overall strategy. The Alger Responsible Investing Fund Class Z is intended for institutional investors, offering a blend of growth potential and responsible investing principles in today’s market landscape.
Performance
ALGZX had a total return of 13.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
60.47% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.52% |
| Microsoft Corporation | MSFT | 11.89% |
| Amazon.com, Inc. | AMZN | 7.23% |
| Apple Inc. | AAPL | 6.78% |
| Alphabet Inc. | GOOGL | 4.61% |
| AppLovin Corporation | APP | 4.44% |
| Visa Inc. | V | 3.71% |
| Cash | n/a | 3.26% |
| Alphabet Inc. | GOOG | 2.52% |
| Lam Research Corporation | LRCX | 2.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $1.7388 | Dec 17, 2025 |
| Dec 12, 2024 | $0.804 | Dec 12, 2024 |
| Dec 14, 2023 | $0.4375 | Dec 14, 2023 |
| Dec 15, 2022 | $0.0915 | Dec 15, 2022 |
| Dec 15, 2021 | $1.3839 | Dec 15, 2021 |
| Dec 16, 2020 | $1.0399 | Dec 16, 2020 |