Alger Mid Cap Focus A (ALOAX)
| Fund Assets | 307.89M |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000 |
| 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 | 17.09 |
| YTD Return | -2.87% |
| 1-Year Return | 14.09% |
| 5-Year Return | n/a |
| 52-Week Low | 13.74 |
| 52-Week High | 19.55 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Jul 29, 2021 |
About ALOAX
ALOAX was founded on 2021-07-29. The Fund's investment strategy focuses on Mid-Cap with 1.14% total expense ratio. The minimum amount to invest in Alger Mid Cap Focus Fund Class A is $1,000 on a standard taxable account. Alger Mid Cap Focus Fund Class A seeks long-term capital appreciation. ALOAX invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. ALOAX intends to invest a substantial portion of its assets in a small number of issuers.
Performance
ALOAX had a total return of 14.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.33%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
39.65% of assets| Name | Symbol | Weight |
|---|---|---|
| AppLovin Corporation | APP | 5.68% |
| Palantir Technologies Inc. | PLTR | 5.33% |
| Axon Enterprise, Inc. | AXON | 4.74% |
| Natera, Inc. | NTRA | 4.41% |
| Dreyfus Treasury Obligations Cash Management | DTRXX | 4.06% |
| HEICO Corporation | HEI | 3.76% |
| Vertiv Holdings Co | VRT | 3.10% |
| Spotify Technology S.A. | SPOT | 3.00% |
| Coinbase Global, Inc. | COIN | 2.97% |
| Constellation Software Inc/Canada | CSU | 2.60% |