Alger MidCap Growth Institutional Fund Class Z-2 (ALMZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
26.64
-0.12 (-0.45%)
Jun 20, 2025, 4:00 PM EDT
16.74% (1Y)
| Fund Assets | 119.52M |
| Expense Ratio | 1.00% |
| Min. Investment | $500,000 |
| 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 | 26.76 |
| YTD Return | 5.09% |
| 1-Year Return | 16.74% |
| 5-Year Return | 23.89% |
| 52-Week Low | 20.43 |
| 52-Week High | 27.88 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| Inception Date | Oct 14, 2016 |
About ALMZX
ALMZX was founded on 2016-10-14. The Fund's investment strategy focuses on Mid-Cap with 1.04% total expense ratio. The minimum amount to invest in Alger Institutional Funds: Alger Mid Cap Growth Institutional Fund; Class Z-2 Shares is $500,000 on a standard taxable account. Alger Institutional Funds: Alger Mid Cap Growth Institutional Fund; Class Z-2 Shares seeks long-term capital appreciation. To achieve its objective, the fund will invest primarily in the equity securities of medium-capitalization companies.
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol ALMZX
Share Class Class Z-2
Index Russell MidCap Growth TR
Performance
ALMZX had a total return of 16.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.83%.
Top 10 Holdings
34.75% of assets| Name | Symbol | Weight |
|---|---|---|
| GFL Environmental Inc. | GFL | 5.28% |
| Cash | n/a | 4.03% |
| Palantir Technologies Inc. | PLTR | 3.80% |
| AppLovin Corporation | APP | 3.77% |
| Constellation Software Inc. | CSU | 3.64% |
| Blue Owl Capital Inc. | OWL | 3.03% |
| Talen Energy Corporation | TLN | 3.03% |
| NVR, Inc. | NVR | 2.80% |
| CBRE Group, Inc. | CBRE | 2.74% |
| Natera, Inc. | NTRA | 2.64% |