Alger Small Cap Growth Institutional Fund Class I (ALSRX)
| Fund Assets | 71.42M |
| Expense Ratio | 1.41% |
| Min. Investment | $500,000 |
| Turnover | 38.55% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.00% |
| Dividend Growth | 187.25% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 17.02 |
| YTD Return | -2.96% |
| 1-Year Return | 16.09% |
| 5-Year Return | -24.11% |
| 52-Week Low | 14.69 |
| 52-Week High | 18.98 |
| Beta (5Y) | 1.19 |
| Holdings | 104 |
| Inception Date | Nov 8, 1993 |
About ALSRX
Alger Small Cap Growth Institutional Fund Class I is an actively managed mutual fund specializing in U.S. small-cap growth equities. The fund primarily seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of companies that fall within the market capitalization range of the Russell 2000 Growth Index. This focus targets innovative, rapidly expanding businesses with significant growth potential, often in sectors such as technology, healthcare, industrials, and consumer cyclical industries. The fund's portfolio is diversified, typically holding over 100 securities, with the top 10 holdings comprising around 28-29% of total assets. Managed by a seasoned team, the fund caters to institutional investors seeking exposure to dynamic segments of the U.S. equity market. Established in 1993, the fund is recognized for its active management approach and commitment to identifying high-growth opportunities, though it carries a relatively high expense ratio compared to peers. Its investment strategy aligns with investors aiming for growth by leveraging the performance of small-cap companies during favorable economic cycles.
Performance
ALSRX had a total return of 16.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
29.63% of assets| Name | Symbol | Weight |
|---|---|---|
| RBC Bearings Incorporated | RBC | 4.58% |
| Chime Financial, Inc. | CHYM | 4.52% |
| Gates Industrial Corporation plc | GTES | 3.26% |
| Guardant Health, Inc. | GH | 3.21% |
| Tutor Perini Corporation | TPC | 2.53% |
| Bombardier Inc. | BBD.B | 2.46% |
| Forte Biosciences, Inc. | FBRX | 2.38% |
| FTAI Aviation Ltd. | FTAI | 2.33% |
| InterDigital, Inc. | IDCC | 2.20% |
| Nuvalent, Inc. | NUVL | 2.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.4912 | Dec 17, 2025 |
| Dec 12, 2024 | $0.171 | Dec 12, 2024 |
| Dec 15, 2021 | $5.3644 | Dec 15, 2021 |
| Dec 16, 2020 | $1.5497 | Dec 16, 2020 |
| Dec 18, 2019 | $3.8012 | Dec 18, 2019 |
| Dec 18, 2018 | $2.7428 | Dec 18, 2018 |