Alger Mid Cap Growth Fund Class A (AMGAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
16.72
+0.19 (1.15%)
Jul 3, 2025, 4:00 PM EDT
20.11%
Fund Assets 246.24M
Expense Ratio 1.27%
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 16.53
YTD Return 8.78%
1-Year Return 20.12%
5-Year Return 43.79%
52-Week Low 12.41
52-Week High 16.92
Beta (5Y) n/a
Holdings 63
Inception Date Jan 1, 1997

About AMGAX

The Alger Mid Cap Growth Fund is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of U.S. mid-cap companies. Leveraging fundamental research, the fund seeks businesses demonstrating strong growth potential, primarily within the market capitalization range represented by the S&P MidCap 400 Index. The portfolio emphasizes sectors such as technology, industrials, financial services, and communication services, reflecting a diverse approach that spans innovative and rapidly evolving industries. Managed by an experienced team, the fund is known for identifying high-quality companies poised for significant growth, including those benefitting from trends such as artificial intelligence, automation, and renewable energy. With a strategy designed to combine the dynamic growth characteristics typical of small-cap stocks and the stability of larger firms, the Alger Mid Cap Growth Fund plays a significant role in providing investors access to a unique segment of the equity market that balances growth opportunity with moderate volatility.

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

Performance

AMGAX had a total return of 20.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.97%.

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%
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