Alger Small Cap Focus Fund Class Y (AOFYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.89
-0.15 (-0.75%)
Jul 31, 2025, 4:00 PM EDT
-0.75%
Fund Assets909.87M
Expense Ratio0.86%
Min. Investment$500,000
Turnover60.23%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close20.04
YTD Return-4.88%
1-Year Return6.25%
5-Year Return-23.22%
52-Week Low15.43
52-Week High22.64
Beta (5Y)n/a
Holdings53
Inception DateFeb 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.

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

Performance

AOFYX had a total return of 6.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.40%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
VRTGXVanguardVanguard Russell 2000 Growth Index Fund Institutional Shares0.08%

Other Share Classes

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

SymbolShare ClassExpense Ratio
AGOZXClass Z0.89%
AOFIXClass I1.15%
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