Alger Mid Cap Focus has a proven manager and distinctive guiding principles, but concerns about the approach drop its Process Pillar rating to Above Average from High. Its share classes earn Morningstar Analyst Ratings of Silver or Bronze, depending on fees.
- NAV / 1-Day Return 12.01 / 1.52 %
- Total Assets 326.9 Mil
-
Adj. Expense Ratio
0.710%
- Expense Ratio 0.780%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Mid-Cap Growth
- Investment Style Mid Growth
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 0.00
- Turnover 268%
Morningstar’s Analysis AFOZX
Will AFOZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
A strong offering hits some turbulence.
Summary
|- Current Portfolio Date Dec 31, 2022
- Equity Holdings 50
- Bond Holdings 0
- Other Holdings 1
- % Assets in Top 10 Holdings 35.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Cash
3.24
12,971,762
Cash and Equivalents