Alger Mid Cap Growth Fund Class Z (AMCZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.39
+0.20 (1.16%)
Jul 3, 2025, 4:00 PM EDT
20.51%
Fund Assets 246.24M
Expense Ratio 0.98%
Min. Investment $500,000
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 17.19
YTD Return 8.96%
1-Year Return 20.51%
5-Year Return 19.54%
52-Week Low 12.90
52-Week High 17.57
Beta (5Y) n/a
Holdings 63
Inception Date May 28, 2015

About AMCZX

Alger Mid Cap Growth Fund Class Z is a mutual fund that primarily invests in growth-oriented equity securities of U.S. mid-cap companies. The fund targets firms with market capitalizations generally within the range of the S&P MidCap 400 Index, focusing on those that exhibit strong growth potential based on fundamental research. The fund's strategy emphasizes identifying dynamic companies across diverse sectors, with notable holdings in technology, industrials, financial services, and communication services. Major positions have included firms such as AppLovin Corp, GFL Environmental, Vertiv Holdings, and Palantir Technologies. Alger Mid Cap Growth Fund Class Z is structured to cater to institutional investors, reflected in its high minimum initial investment. The fund is actively managed, with a turnover rate that indicates regular portfolio adjustments in response to market conditions and company fundamentals. Its role in the financial market is to offer investors targeted exposure to the mid-cap growth segment, which is often positioned between the stability of large-cap stocks and the high-growth potential of small-caps. Through its investment approach, the fund seeks to capitalize on opportunities in the mid-cap space, contributing to portfolio diversification and potential capital appreciation.

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

Performance

AMCZX had a total return of 20.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.81%.

Other Share Classes

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

Symbol Share Class Expense Ratio
AMGAX Class A 1.27%
AMCGX Class B 1.99%
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