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Morningstar

Alger Mid Cap Focus Z AFOZX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 15.21  /  +0.66 %
  • Total Assets 247.7 Mil
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield —
  • Turnover 121%

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 1:20 AM GMT+0

Morningstar’s Analysis AFOZX

Will AFOZX 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 AFOZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AFOZX 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 AFOZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger Adjusts Fees on Two Alger Funds' I Share Classes; Ratings Unchanged

null Tony Thomas

Tony Thomas

Analyst Note

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.

by Tony Thomas
Published on

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Portfolio Holdings AFOZX

More AFOZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
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