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Alger Focus Equity Fund Class I: (MF: ALGRX)
(NASDAQ Mutual Funds) As of Apr 22, 2024 08:00 PM ET
$57.98 USD
+0.71 (1.24%)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund was incepted in November 1993 and is managed by Fred Alger Management, Inc. The fund seeks long-term capital appreciation. The fund focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. Under normal circumstances, the fund invests primarily in the equity securities of large-capitalization companies. The fund considers a large-capitalization company to have a market capitalization of $10 billion or greater. Dividends and capital gains, if any, are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Alger Focus Equity I | ALGRX | NA | NA | 0.00 | 0.00 | 0.52 | 0.93 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Alger LargeCap Gr Instl Fund I | ALGRX | 57.98 | 11/8/1993 | 0.00 | 46.56 | 8.06 | 16.80 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Alger Focus Equity I | ALGRX | 0 | 0 | 0 | A |
Contact Information
| Family | Alger Funds |
| Address | 100 Pearl Street, 27th Floor New York, NY 10004 |
| Phone | 800 992-3863 |