Alger Small Cap Focus Fund Class I (AOFIX)
| Fund Assets | 866.11M |
| Expense Ratio | 1.15% |
| Min. Investment | $0.00 |
| 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 | 21.76 |
| YTD Return | 1.62% |
| 1-Year Return | 9.56% |
| 5-Year Return | -37.57% |
| 52-Week Low | 14.92 |
| 52-Week High | 23.74 |
| Beta (5Y) | 1.15 |
| Holdings | 51 |
| Inception Date | Mar 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.
Performance
AOFIX had a total return of 9.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.50%.
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
35.94% of assets| Name | Symbol | Weight |
|---|---|---|
| RBC Bearings Incorporated | RBC | 4.52% |
| Guardant Health, Inc. | GH | 4.17% |
| Tutor Perini Corporation | TPC | 3.93% |
| Natera, Inc. | NTRA | 3.70% |
| Repligen Corporation | RGEN | 3.69% |
| Adaptive Biotechnologies Corporation | ADPT | 3.44% |
| GeneDx Holdings Corp. | WGS | 3.35% |
| Impulse Dynamics Ireland Series F-3 | n/a | 3.32% |
| BioLife Solutions, Inc. | BLFS | 2.95% |
| SPX Technologies, Inc. | SPXC | 2.88% |