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Buy 3 Alger Mutual Funds for Strong Returns

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Alger is an investment manager founded in 1964 by Fred Alger. It follows a growth-oriented investment strategy and uses a bottom-up, fundamentals-based approach to select and manage investments in high-growth companies, which it believes have strong potential to grow earnings and exppand business in the future. Its research process focuses on the company’s fundamentals, industry, competitive environment, and business drivers.

Alger offers mutual funds with different investment objectives and strategies, providing exposure to various segments of the equity market and other asset classes. Alger's research team analyzes individual companies and industries, develops financial models, and evaluates alternative business scenarios to assess growth prospects and potential risks.

We have picked three Alger mutual funds — Alger Growth & Income (ALBCX - Free Report) , Alger Focus Equity (ALCFX - Free Report) and Alger Responsible Investing (SPEGX - Free Report) — which investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or Rank 2 (Buy), with positive three-year and five-year annualized returns, minimum initial investments within $5000 and expense ratios considerably lower than the category average. So, these funds offer comparatively stronger performance and carry a lower fee. 

Alger Growth & Income fund invests in stocks of companies with growth potential and fixed-income securities, with emphasis on income-producing securities that appear to have some potential for capital appreciation.

Gregory S. Adams has been the lead manager of ALBCX since April 1, 2012. Most of the fund’s holdings were in companies such as Broadcom Inc. (7.4%), Apple Inc. (6.6%) and Microsoft Corp (6.4%) as of April 30, 2026. 

ALBCX’s 3-year and 5-year annualized returns are 20.3% and 12.6%, respectively. Its net expense ratio is 1.67%. ALBCX has a Zacks Mutual Fund Rank #1.               

To see how this fund performed compared to its category, and other 1 (Strong Buy) and 2 Ranked Mutual Funds, please click here. 

Alger Focus Equity fund seeks long-term growth of capital.  ALCFX invests in securities of companies the portfolio manager(s) believe are likely to benefit from new or innovative products, services or processes. 

Patrick Kelly has been the lead manager of ALCFX since Dec. 1, 2012. Most of the fund’s holdings were in companies such as NVIDIA Corp (12.9%), Amazon.com, Inc. (7.5%) and Microsoft Corp (6.8%) as of April 30, 2026.  

ALCFX’s 3-year and 5-year annualized returns are 36.6% and 16.6%, respectively. Its net expense ratio is 1.68%. ALCFX has a Zacks Mutual Fund Rank #1.                

Alger Responsible Investing fund invests its net assets, plus borrowings for investment purposes, in equity securities of companies of any size with an average or above ESG rating from a third-party agency.

Gregory S. Adams has been the lead manager of SPEGX since Dec. 30, 2016. Most of the fund’s holdings were in companies such as NVIDIA Corp (20.4%), Microsoft Corp (11.4%) and Amazon.com, Inc. (6.4%) as of April 30, 2026. 

SPEGX’s 3-year and 5-year annualized returns are 21.5% and 10.4%, respectively. Its net expense ratio is 1.11%. SPEGX has a Zacks Mutual Fund Rank #2.         

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