Alger Mid Cap Focus A (ALOAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.19
-0.15 (-0.82%)
Jul 8, 2025, 4:00 PM EDT
17.43%
Fund Assets 251.92M
Expense Ratio 1.19%
Min. Investment $1,000
Turnover 94.67%
Dividend (ttm) n/a
Dividend Yield n/a
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date n/a
Previous Close 18.34
YTD Return 2.42%
1-Year Return 17.43%
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

Alger Mid Cap Focus Fund Class A is a mutual fund designed to provide long-term capital appreciation by investing primarily in the equity securities of mid-cap companies. The fund typically allocates at least 80% of its net assets, along with any investment-related borrowings, to stocks of mid-cap firms, which are generally defined by their market capitalization falling within a specific mid-range band. Alger Mid Cap Focus Fund Class A maintains a diversified portfolio across various sectors, targeting companies that offer growth potential and are positioned within vital segments of the U.S. economy. This approach allows the fund to harness the growth opportunities characteristic of mid-sized firms while maintaining sector diversity and broad market exposure. The fund serves investors seeking a focused approach to mid-cap equities as part of a comprehensive portfolio, and it plays a significant role in capturing the dynamic potential of the mid-cap segment within the broader equity market.

Fund Family Alger
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol ALOAX
Share Class Class A
Index Russell MidCap Growth TR

Performance

ALOAX had a total return of 17.43% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.94%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
VMGRX Vanguard Vanguard Mid-Cap Growth Fund Investor Shares 0.33%
FMDGX Fidelity Fidelity Mid Cap Growth Index Fund 0.05%

Other Share Classes

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

Symbol Share Class Expense Ratio
ALOYX Class Y 0.78%
AFOZX Class Z 0.87%
AFOIX Class I 1.11%
ALOCX Class C 1.97%

Top 10 Holdings

40.22% of assets
Name Symbol Weight
Palantir Technologies Inc. PLTR 6.14%
GFL Environmental Inc. GFL 5.04%
HEICO Corporation HEI 4.51%
Dreyfus Treasury Obligations Cash Management DTRXX 4.30%
Axon Enterprise, Inc. AXON 4.03%
Constellation Software Inc/Canada CSU 3.72%
AppLovin Corporation APP 3.65%
Repligen Corporation RGEN 3.34%
McKesson Corporation MCK 2.74%
Talen Energy Corporation TLN 2.74%
View More Holdings