Alger Small Cap Focus Fund Class I (AOFIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.21
-0.15 (-0.77%)
Jul 31, 2025, 4:00 PM EDT
-0.77%
Fund Assets909.87M
Expense Ratio1.15%
Min. Investment$0.00
Turnover60.23%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close19.36
YTD Return-4.40%
1-Year Return6.90%
5-Year Return-23.89%
52-Week Low14.92
52-Week High21.93
Beta (5Y)1.09
Holdings53
Inception DateMar 3, 2008

About AOFIX

Alger Small Cap Focus Fund Class I is an actively managed mutual fund that invests primarily in U.S. small-cap growth equities. Its core objective is long-term capital appreciation, achieved by maintaining a focused portfolio of approximately 50 holdings, each selected through in-depth fundamental research. The fund concentrates its capital in small-cap companies that exhibit strong growth potential, often targeting innovative firms in sectors such as technology, healthcare, industrials, and consumer cyclicals. By limiting the number of holdings, the fund pursues high-conviction investment opportunities, allowing for meaningful exposure to its top ideas. Alger Small Cap Focus Fund Class I is designed for institutional investors, offering a higher expense ratio in exchange for active management expertise and access to specialized small-cap growth strategies. The fund plays a significant role in the market by offering exposure to emerging U.S. businesses, contributing to portfolio diversification and acting as a vehicle for investors seeking growth outside of large-cap segments.

Fund Family Alger
Category Small Growth
Stock Exchange NASDAQ
Ticker Symbol AOFIX
Share Class Class I
Index Russell 2000 Growth TR

Performance

AOFIX had a total return of 6.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.28%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FECGXFidelityFidelity Small Cap Growth Index Fund0.05%
FCIGXFidelityFidelity Advisor Small Cap Growth Fund - Class I1.07%
FCPGXFidelityFidelity Small Cap Growth Fund1.05%
FCTGXFidelityFidelity Advisor Small Cap Growth Fund - Class M1.58%
FCCGXFidelityFidelity Advisor Small Cap Growth Fund - Class C2.08%

Other Share Classes

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

SymbolShare ClassExpense Ratio
AOFYXClass Y0.86%
AGOZXClass Z0.89%
AOFAXClass A1.22%
AOFCXClass C1.94%

Top 10 Holdings

41.16% of assets
NameSymbolWeight
Dreyfus Treasury Obligations Cash ManagementDTRXX7.09%
RBC Bearings IncorporatedRBC6.17%
Natera, Inc.NTRA4.57%
Guidewire Software, Inc.GWRE4.18%
BioLife Solutions, Inc.BLFS3.97%
IMPULSE DYNAMICS IRELANDn/a3.54%
Vertex, Inc.VERX3.06%
Repligen CorporationRGEN2.91%
GeneDx Holdings Corp.WGS2.87%
Q2 Holdings, Inc.QTWO2.80%
View More Holdings