Alger Mid Cap Focus C (ALOCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.62
-0.15 (-0.84%)
Jul 8, 2025, 4:00 PM EDT
17.08%
Fund Assets 251.92M
Expense Ratio 1.97%
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 17.77
YTD Return 1.97%
1-Year Return 17.08%
5-Year Return n/a
52-Week Low 13.34
52-Week High 19.03
Beta (5Y) n/a
Holdings 51
Inception Date Jul 29, 2021

About ALOCX

Alger Mid Cap Focus Fund Class C is an actively managed mutual fund that targets long-term capital appreciation by investing primarily in equity securities of mid-cap companies. The fund typically allocates at least 80% of its net assets, plus any borrowings for investment purposes, to stocks of mid-sized U.S. firms, focusing on those with strong growth potential. This approach aims to capitalize on the dynamic performance often exhibited by mid-cap equities, which can offer a blend of growth and stability compared to their smaller or larger counterparts. The fund's investment strategy is centered on careful stock selection within the mid-cap growth segment, making it relevant for investors seeking exposure to companies poised for expansion in various sectors. Managed by Alger, the fund leverages in-depth research to identify businesses that demonstrate sustainable competitive advantages and robust earnings prospects. Since its launch, the Alger Mid Cap Focus Fund Class C has played a role in providing diversified access to growing U.S. companies, contributing to the broader landscape of mid-cap equity offerings in the mutual fund market.

Fund Family Alger
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ALOCX
Share Class Class C
Index Russell MidCap Growth TR

Performance

ALOCX had a total return of 17.08% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.74%.

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 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%
ALOAX Class A 1.19%

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