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%
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%.

Other Share Classes

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

Symbol Share Class Expense Ratio
ALMRX Class I 1.25%
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