Alger Emerging Markets Fund Class Z (AZEMX)
| Fund Assets | 21.28M |
| Expense Ratio | 1.01% |
| Min. Investment | $500,000 |
| Turnover | 52.39% |
| Dividend (ttm) | 0.05 |
| Dividend Yield | 0.33% |
| Dividend Growth | -33.43% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 13.92 |
| YTD Return | 1.47% |
| 1-Year Return | 26.12% |
| 5-Year Return | 1.78% |
| 52-Week Low | 9.87 |
| 52-Week High | 15.56 |
| Beta (5Y) | n/a |
| 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 26.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.96%.
Top 10 Holdings
46.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 12.45% |
| Tencent Holdings Limited | 0700 | 8.11% |
| SK hynix Inc. | 000660 | 5.51% |
| NAURA Technology Group Co., Ltd. | 002371 | 3.75% |
| Weichai Power Co., Ltd. | 2338 | 3.02% |
| Nu Holdings Ltd. | NU | 2.73% |
| OTP Bank Nyrt. | OTP | 2.73% |
| Bharat Electronics Limited | BEL | 2.70% |
| PriceSmart, Inc. | PSMT | 2.58% |
| National Bank of Greece S.A. | ETE | 2.58% |
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 |