Alger Mid Cap Growth Institutional Fund Class I (ALMRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
24.56
+0.02 (0.08%)
May 30, 2025, 8:09 AM EDT
10.18% (1Y)
Fund Assets | 86.50M |
Expense Ratio | 1.25% |
Min. Investment | $0.00 |
Turnover | n/a |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Dividend Growth | n/a |
Payout Frequency | n/a |
Ex-Dividend Date | n/a |
Previous Close | 24.54 |
YTD Return | 1.07% |
1-Year Return | 10.09% |
5-Year Return | 24.83% |
52-Week Low | 19.56 |
52-Week High | 26.69 |
Beta (5Y) | 1.14 |
Holdings | 64 |
Inception Date | Nov 8, 1993 |
About ALMRX
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.
Fund Family Alger Funds Inst
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol ALMRX
Share Class Class I
Index Russell MidCap Growth TR
Performance
ALMRX had a total return of 10.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.02%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
32.16% of assetsName | Symbol | Weight |
---|---|---|
GFL Environmental Inc. | GFL | 4.35% |
AppLovin Corporation | APP | 4.18% |
Palantir Technologies Inc. | PLTR | 3.79% |
Constellation Software Inc. | CSU | 3.32% |
Blue Owl Capital Inc. | OWL | 2.94% |
Talen Energy Corporation | TLN | 2.84% |
Vertiv Holdings Co | VRT | 2.80% |
CBRE Group, Inc. | CBRE | 2.68% |
The Descartes Systems Group Inc. | DSG | 2.64% |
Natera, Inc. | NTRA | 2.62% |