Alger Mid Cap Growth Fund Class C (AMGCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.59
+0.11 (1.16%)
Jul 3, 2025, 4:00 PM EDT
19.43%
Fund Assets 246.24M
Expense Ratio 2.01%
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 9.48
YTD Return 8.36%
1-Year Return 19.43%
5-Year Return 26.87%
52-Week Low 7.13
52-Week High 9.73
Beta (5Y) 1.00
Holdings 63
Inception Date Aug 1, 1997

About AMGCX

Alger Mid Cap Growth Fund Class C is a mutual fund focused on investing in equity securities of mid-sized U.S. companies that demonstrate strong growth potential. The fund primarily targets firms with market capitalizations similar to those found in the S&P MidCap 400 Index, seeking businesses that are positioned for above-average earnings growth. Its diversified portfolio encompasses multiple sectors, with a notable emphasis on technology, industrials, and financial services. As of recent data, top holdings include companies such as AppLovin Corporation, GFL Environmental, Blue Owl Capital, Vertiv Holdings, and Palantir Technologies, collectively representing a significant portion of the fund’s assets. The fund’s approach is active, leveraging fundamental research to identify investment opportunities among mid-cap growth stocks. Designed for investors seeking exposure to the dynamic mid-cap segment, Alger Mid Cap Growth Fund Class C plays a role in providing potential capital appreciation within a diversified portfolio, though it carries a higher expense ratio compared to peers and an above-average risk profile. Founded in 1997, the fund is part of the Alger family, known for its focus on growth equity strategies.

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

Performance

AMGCX had a total return of 19.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.94%.

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%
AMCGX Class B 1.99%

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