Alger Mid Cap Focus C (ALOCX)

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	16.23%
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 16.23% 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%