Alger MidCap Growth Institutional Fund Class Z-2 (ALMZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
25.67
+0.03 (0.12%)
May 29, 2025, 4:00 PM EDT
10.46% (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 | 25.64 |
YTD Return | 1.26% |
1-Year Return | 10.46% |
5-Year Return | 28.13% |
52-Week Low | 20.43 |
52-Week High | 27.88 |
Beta (5Y) | n/a |
Holdings | 64 |
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 10.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.43%.
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% |