Alger Small Cap Focus Y (AOFYX)
| Fund Assets | 865.76M |
| Expense Ratio | 0.86% |
| Min. Investment | $500,000 |
| 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 | 20.22 |
| YTD Return | -3.30% |
| 1-Year Return | 6.20% |
| 5-Year Return | -21.09% |
| 52-Week Low | 15.43 |
| 52-Week High | 22.64 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Feb 28, 2017 |
About AOFYX
Alger Small Cap Focus Fund Class Y is an actively managed mutual fund designed to achieve long-term capital appreciation by investing primarily in small-cap growth companies within the United States. The fund targets businesses operating across diverse sectors but places significant emphasis on industries such as technology, healthcare, and industrials, reflecting its focus on innovation and growth. By maintaining a concentrated portfolio—typically holding around 50 stocks—it seeks to leverage in-depth fundamental research to identify small-cap companies that offer distinctive products, services, or technologies to expanding markets. The fund benchmarks its performance against the Russell 2000 Growth Index and generally allocates at least 80% of its net assets to qualifying small-cap equities. Managed with an institutional approach, it features a relatively high minimum investment and a competitive expense ratio. Alger Small Cap Focus Fund Class Y plays a key role in the market by providing exposure to the dynamic small-cap growth segment, offering potential diversification for portfolios seeking to tap into emerging leaders and innovators within the U.S. equity landscape.
Performance
AOFYX had a total return of 6.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.57%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
36.47% of assets| Name | Symbol | Weight |
|---|---|---|
| RBC Bearings Incorporated | RBC | 5.84% |
| Wingstop Inc. | WING | 4.67% |
| GeneDx Holdings Corp. | WGS | 4.44% |
| Impulse Dynamics Ireland Series F-3 | n/a | 3.49% |
| Tutor Perini Corporation | TPC | 3.31% |
| BioLife Solutions, Inc. | BLFS | 3.19% |
| Guidewire Software, Inc. | GWRE | 2.99% |
| Natera, Inc. | NTRA | 2.94% |
| Q2 Holdings, Inc. | QTWO | 2.82% |
| Vertex, Inc. | VERX | 2.77% |