Alger Mid Cap Growth Fund Class B (AMCGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.39
+0.09 (0.87%)
Jul 9, 2025, 4:00 PM EDT
19.56%
Fund Assets 246.24M
Expense Ratio 1.99%
Min. Investment $1,000
Turnover 55.90%
Dividend (ttm) n/a
Dividend Yield n/a
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date n/a
Previous Close 10.30
YTD Return 8.00%
1-Year Return 19.56%
5-Year Return -0.78%
52-Week Low 7.76
52-Week High 10.58
Beta (5Y) n/a
Holdings 63
Inception Date May 24, 1993

About AMCGX

Alger Mid Cap Growth Fund Class B is an actively managed mutual fund focused on investing in U.S. mid-cap growth equities. The fund seeks long-term capital appreciation by primarily selecting stocks of midsize companies exhibiting strong growth potential, typically within the market capitalization ranges defined by the Russell Midcap Growth Index or the S&P MidCap 400 Index. Its portfolio is diversified across sectors including technology, industrials, and financial services, with notable holdings such as AppLovin Corp, GFL Environmental, and Palantir Technologies. The fund is managed by Fred Alger Management, LLC and has been operating since 1993. It maintains a relatively high expense ratio and distribution fee, reflecting its share class structure and active management approach. With assets distributed broadly among approximately 64 to 68 holdings, the fund emphasizes companies poised for above-average earnings and revenue growth, playing a significant role for investors seeking exposure to dynamic mid-sized businesses in the U.S. equity landscape.

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

Performance

AMCGX had a total return of 19.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.54%.

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
AMCZX Class Z 0.98%
AMGAX Class A 1.27%
AMGCX Class C 2.01%

Top 10 Holdings

38.11% of assets
Name Symbol Weight
Dreyfus Treasury Obligations Cash Management DTRXX 7.53%
GFL Environmental Inc. GFL 5.54%
Palantir Technologies Inc. PLTR 4.60%
Constellation Software Inc/Canada CSU 4.17%
Talen Energy Corporation TLN 3.08%
Blue Owl Capital Inc. OWL 2.81%
CBRE Group, Inc. CBRE 2.67%
TKO Group Holdings, Inc. TKO 2.58%
Verisk Analytics, Inc. VRSK 2.57%
Cloudflare, Inc. NET 2.54%
View More Holdings