On July 12, 2024, Alger amended the prospectuses for Alger Small Cap Focus and Alger Mid Cap Focus, changing expense ratios on each fund’s I share class. Though the moves are meaningfully higher, the funds (including their affected I share classes) retain their Morningstar Medalist Ratings.
Alger Mid Cap Focus I AFOIX
- NAV / 1-Day Return 16.02 / +0.82 %
- Total Assets 259.1 Mil
-
Adj. Expense Ratio
1.120%
- Expense Ratio 1.120%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Mid-Cap Growth
- Investment Style Mid Growth
- Min. Initial Investment 0
- Status Open
- TTM Yield 0.00
- Turnover 121%
USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:20 AM GMT+0
Morningstar’s Analysis AFOIX
Will AFOIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Heico Corp | 4.38 | 11.1 Mil | Industrials |
Vertiv Holdings Co Class A | 3.99 | 10.1 Mil | Industrials |
Tyler Technologies Inc | 3.55 | 9.0 Mil | Technology |
Axon Enterprise Inc | 3.50 | 8.8 Mil | Industrials |
Cash | 3.26 | 8.2 Mil | Cash and Equivalents |
Natera Inc | 3.16 | 8.0 Mil | Healthcare |
Spotify Technology SA | 3.15 | 7.9 Mil | Communication Services |
Constellation Energy Corp | 3.03 | 7.6 Mil | Utilities |
Constellation Software Inc | 2.54 | 6.4 Mil | Technology |
Deckers Outdoor Corp | 2.53 | 6.4 Mil | Consumer Cyclical |
United States