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%
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.

Symbol Provider Name Expense Ratio
VMGRX Vanguard Vanguard Mid-Cap Growth Fund Investor Shares 0.33%
FMDGX Fidelity Fidelity Mid Cap Growth Index Fund 0.05%

Other Share Classes

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

Symbol Share Class Expense Ratio
ALMZX Class Z-2 1.00%
AGIRX Class R 1.85%

Top 10 Holdings

32.16% of assets
Name 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%
View More Holdings