Alger Small Cap Focus Fund Class A (AOFAX)
| Fund Assets | 873.06M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000 |
| Turnover | 60.23% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 18.55 |
| YTD Return | -4.04% |
| 1-Year Return | 9.95% |
| 5-Year Return | -21.50% |
| 52-Week Low | 14.42 |
| 52-Week High | 21.19 |
| Beta (5Y) | n/a |
| Holdings | 53 |
| Inception Date | Mar 3, 2008 |
About AOFAX
Alger Small Cap Focus Fund Class A is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in the equity securities of small-cap companies. The fund typically holds a focused portfolio of approximately 50 holdings, selected through rigorous fundamental research to identify small businesses with strong growth potential and innovative products, services, or technologies. By concentrating assets in a limited number of companies, the fund aims to capitalize on high-conviction ideas and opportunities within the small-cap segment. Notable features of this fund include a minimum initial investment requirement and a management approach that targets small growth companies across sectors such as technology, healthcare, and consumer cyclical industries. The fund’s investment approach is aligned with investors seeking exposure to smaller, dynamic U.S. businesses that may be underrepresented in broader market indexes. As part of the small growth category, Alger Small Cap Focus Fund Class A plays a significant role in providing access to the potential upside of emerging enterprises, while also involving a higher level of volatility typical of focused, small-cap portfolios.
Performance
AOFAX had a total return of 9.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.21%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
41.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Obligations Cash Management | DTRXX | 7.09% |
| RBC Bearings Incorporated | RBC | 6.17% |
| Natera, Inc. | NTRA | 4.57% |
| Guidewire Software, Inc. | GWRE | 4.18% |
| BioLife Solutions, Inc. | BLFS | 3.97% |
| IMPULSE DYNAMICS IRELAND | n/a | 3.54% |
| Vertex, Inc. | VERX | 3.06% |
| Repligen Corporation | RGEN | 2.91% |
| GeneDx Holdings Corp. | WGS | 2.87% |
| Q2 Holdings, Inc. | QTWO | 2.80% |