Alger Mid Cap Growth Institutional Fund Class I (ALMRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
21.67
+0.56 (2.65%)
Apr 24, 2025, 8:09 AM EDT
2.51% (1Y)
| Fund Assets | 76.29M |
| 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 | 21.11 |
| YTD Return | -13.06% |
| 1-Year Return | -0.14% |
| 5-Year Return | 22.33% |
| 52-Week Low | 19.56 |
| 52-Week High | 26.69 |
| Beta (5Y) | 1.20 |
| Holdings | 67 |
| 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
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ALMRX
Share Class Class I
Index Russell MidCap Growth TR
Performance
ALMRX had a total return of -0.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.52%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
31.52% of assets| Name | Symbol | Weight |
|---|---|---|
| AppLovin Corporation | APP | 4.33% |
| GFL Environmental Inc. | GFL | 3.95% |
| Blue Owl Capital Inc. | OWL | 3.26% |
| Constellation Software Inc/Canada | CSU | 3.13% |
| Vertiv Holdings Co | VRT | 3.05% |
| Palantir Technologies Inc. | PLTR | 3.05% |
| Natera, Inc. | NTRA | 2.83% |
| Descartes Systems Group Inc/The | DSG | 2.73% |
| CBRE Group, Inc. | CBRE | 2.60% |
| Spotify Technology S.A. | SPOT | 2.59% |