Alger Small Cap Focus I (AOFIX)
| Fund Assets | 917.49M |
| Expense Ratio | 1.15% |
| Min. Investment | $0.00 |
| 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 | 22.34 |
| YTD Return | 9.63% |
| 1-Year Return | 8.35% |
| 5-Year Return | -27.15% |
| 52-Week Low | 14.92 |
| 52-Week High | 22.64 |
| Beta (5Y) | 1.14 |
| 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 8.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.64%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
37.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Nebius Group N.V. | NBIS | 5.48% |
| RBC Bearings Incorporated | RBC | 4.84% |
| Tutor Perini Corporation | TPC | 4.23% |
| Talen Energy Corporation | TLN | 3.95% |
| Impulse Dynamics Ireland Series F-3 | n/a | 3.45% |
| Galaxy Digital Inc. | GLXY | 3.37% |
| GeneDx Holdings Corp. | WGS | 3.12% |
| BioLife Solutions, Inc. | BLFS | 3.00% |
| Adaptive Biotechnologies Corporation | ADPT | 2.82% |
| Repligen Corporation | RGEN | 2.81% |