Skip to Content
Morningstar

Alger Focus Equity A ALAFX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 60.36  /  +1.98 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.09%
  • Turnover 100%

USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 1:06 AM GMT+0

Morningstar’s Analysis ALAFX

Will ALAFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALAFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALAFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ALAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger Focus Equity A earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ALAFX

More ALAFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

14.32 200.7 Mil
Technology

NVIDIA Corp

9.75 136.6 Mil
Technology

Amazon.com Inc

6.88 96.4 Mil
Consumer Cyclical

Meta Platforms Inc Class A

6.87 96.2 Mil
Communication Services

Apple Inc

5.73 80.3 Mil
Technology

Alphabet Inc Class C

3.53 49.5 Mil
Communication Services

Natera Inc

2.95 41.3 Mil
Healthcare

Visa Inc Class A

2.90 40.6 Mil
Financial Services

Cash

2.62 36.8 Mil
Cash and Equivalents

MercadoLibre Inc

2.56 35.9 Mil
Consumer Cyclical