Alger Emerging Markets Fund Class Z (AZEMX)
| Fund Assets | 24.39M |
| Expense Ratio | 0.99% |
| Min. Investment | $500,000 |
| Turnover | 52.39% |
| Dividend (ttm) | 0.05 |
| Dividend Yield | 0.28% |
| Dividend Growth | -33.43% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 16.60 |
| YTD Return | 23.46% |
| 1-Year Return | 37.66% |
| 5-Year Return | 18.61% |
| 52-Week Low | 12.04 |
| 52-Week High | 17.88 |
| Beta (5Y) | 0.89 |
| Holdings | 42 |
| Inception Date | Feb 28, 2014 |
About AZEMX
Alger Emerging Markets Fund Class Z is a mutual fund that primarily targets long-term capital appreciation by investing in equities of companies domiciled in emerging market countries. The fund typically holds a focused portfolio of approximately 35–45 stocks, which may include common stocks, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs) of issuers identified through in-depth fundamental research. It maintains the policy of investing at least 80% of its net assets, plus any borrowing for investment purposes, in these emerging market securities, providing exposure to a diverse range of sectors and industries across developing regions such as Asia and Latin America. This fund plays a significant role in diversified emerging-markets mutual fund categories, offering investors access to the growth potential of rapidly developing economies while balancing country and sector allocations. Alger Emerging Markets Fund Class Z is managed by multiple portfolio managers and is structured to respond dynamically to market opportunities and risks in emerging markets. The fund is suited for investors seeking strategic, research-driven exposure to international equities outside of developed markets.
Performance
AZEMX had a total return of 37.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.52%.
Top 10 Holdings
48.37% of assets| Name | Symbol | Weight |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TWD10 | 2330 | 14.88% |
| TENCENT HOLDINGS LTD HKD0.00002 | 700 | 5.46% |
| Dreyfus Treasury Obligations Cash Management | DTRXX | 4.79% |
| SAMSUNG ELECTRONICS CO LTD KRW100 | 005930 | 4.54% |
| WEICHAI POWER CO LTD 'H'CNY1 | 2338 | 3.85% |
| SK HYNIX INC KRW5000 | 000660 | 3.32% |
| HD HYUNDAI ELECTRIC CO LTD KRW5000 | 267260 | 3.07% |
| OTP BANK NYRT HUF100 | OTP | 2.91% |
| SK SQUARE CO LTD KRW100 | 402340 | 2.78% |
| SAMSUNG SECURITIES COMPANY LTD KRW5000 | 016360 | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.0462 | Dec 17, 2025 |
| Dec 12, 2024 | $0.0694 | Dec 12, 2024 |
| Dec 14, 2023 | $0.0161 | Dec 14, 2023 |
| Dec 16, 2021 | $0.5898 | Dec 16, 2021 |
| Dec 18, 2019 | $0.541 | Dec 18, 2019 |
| Dec 18, 2018 | $0.2545 | Dec 18, 2018 |