Alger MidCap Growth Institutional Z-2 (ALMZX)

Fund Assets	57.03M
Expense Ratio	0.785%
Min. Investment	$500,000
Turnover	91.15%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	30.41
YTD Return	3.43%
1-Year Return	1.05%
5-Year Return	-12.84%
52-Week Low	26.27
52-Week High	33.24
Beta (5Y)	1.08
Holdings	70
Inception Date	Oct 14, 2016

About ALMZX

The Alger Mid Cap Growth Institutional Fund Class Z-2 is a mutual fund that focuses on growth equity securities in the United States, targeting mid-cap companies identified through fundamental research as demonstrating strong growth potential. This fund aims to provide capital appreciation by investing across diversified sectors, reflecting a strategy that seeks out innovative and rapidly expanding firms within the mid-cap segment. The fund employs rigorous research to select companies it deems likely to benefit from long-term economic and industry trends, contributing to its differentiation in the mid-cap growth category. Over multi-year periods, it has shown stronger returns compared to many peers, though it may trail broader category benchmarks. Its portfolio composition is dynamic, with exposures spanning technology, industrials, financial services, and other high-growth industries. Unlike income-focused funds, this fund does not pay dividends, emphasizing its growth-oriented mandate. The Alger Mid Cap Growth Institutional Fund Class Z-2 plays a significant role for investors seeking to participate in the expansion of mid-sized U.S. companies with compelling growth profiles.

• Fund Family: Alger
• Category: Mid-Cap Growth
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: ALMZX
• Share Class: Class Z-2
• Index: Russell MidCap Growth TR

Performance

ALMZX had a total return of 1.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.06%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ALMRX	Class I	1.27%
AGIRX	Class R	1.87%

Top 10 Holdings

27.88% of assets

Name	Symbol	Weight
Cloudflare, Inc.	NET	3.88%
GFL Environmental Inc.	GFL	3.14%
Snowflake Inc.	SNOW	2.89%
Comfort Systems USA, Inc.	FIX	2.87%
RBC Bearings Incorporated	RBC	2.82%
Viking Holdings Ltd	VIK	2.71%
Repligen Corporation	RGEN	2.47%
West Pharmaceutical Services, Inc.	WST	2.38%
Natera, Inc.	NTRA	2.38%
Spotify Technology S.A.	SPOT	2.34%

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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