Alger Small Cap Focus Fund Class C (AOFCX)
| Fund Assets | 848.23M |
| Expense Ratio | 2.00% |
| Min. Investment | $1,000 |
| Turnover | 88.45% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 19.82 |
| YTD Return | 11.08% |
| 1-Year Return | 27.08% |
| 5-Year Return | -21.85% |
| 52-Week Low | 15.10 |
| 52-Week High | 19.98 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Mar 3, 2008 |
About AOFCX
Alger Small Cap Focus Fund Class C is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in small-cap U.S. equities. The fund typically maintains a focused portfolio of approximately 50 holdings, concentrating its assets in companies identified through in-depth fundamental research for their growth potential. By mandate, it invests at least 80% of its net assets in stocks of small-cap companies, and it is classified within the small growth category. The fund emphasizes sectors such as technology, healthcare, industrials, and consumer cyclical, with a notable portion—at least 25% of assets—often allocated to technology businesses, particularly those active in fields like medicine and information technology. The portfolio tends to be concentrated, with a significant proportion of assets held in its top positions, reflecting a high-conviction investment approach. Alger Small Cap Focus Fund Class C plays a role in providing exposure to innovative and emerging U.S. companies, targeting investors seeking diversification within the dynamic small-cap growth segment of the equity market.
Performance
AOFCX had a total return of 27.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.29%.
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 | 0.92% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 0.88% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.42% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 1.92% |
Top 10 Holdings
37.73% of assets| Name | Symbol | Weight |
|---|---|---|
| RBC Bearings Incorporated | RBC | 6.59% |
| Impulse Dynamics Ireland Series F-3 | n/a | 4.10% |
| Tutor Perini Corporation | TPC | 4.00% |
| Guardant Health, Inc. | GH | 3.92% |
| Arrowhead Pharmaceuticals, Inc. | ARWR | 3.54% |
| Natera, Inc. | NTRA | 3.33% |
| SPX Technologies, Inc. | SPXC | 3.19% |
| Repligen Corporation | RGEN | 3.14% |
| Cash | n/a | 3.00% |
| FTAI Aviation Ltd. | FTAI | 2.92% |