Morningstar

Alger Mid Cap Focus Fund Class A ALOAX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 22.84  /  −1.17 %
  • Total Assets 348.1M
  • Adj. Expense Ratio
    1.150%
  • Expense Ratio 1.150%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 265%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:41 AM GMT+0

Morningstar’s Analysis ALOAX

Will ALOAX outperform in the 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 ALOAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Built on shifting sand.

Analyst David Carey

David Carey

Analyst

Summary

Alger Mid Cap Focus’ continued personnel and portfolio changes are concerning. As such, both its People and Process ratings have dropped to Below Average from Average.

by David Carey
Rated on Published on

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Portfolio Holdings ALOAX

More ALOAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

4.60 15M
Cash and Equivalents

Vertiv Holdings Co Class A

4.51 14M
Industrials

Comfort Systems USA Inc

4.35 14M
Industrials

RBC Bearings Inc

3.17 10M
Industrials

Cloudflare Inc

3.03 10M
Technology

Databricks

2.94 9M
—

Monolithic Power Systems Inc

2.83 9M
Technology

Howmet Aerospace Inc

2.78 9M
Industrials

Modine Manufacturing Co

2.78 9M
Consumer Cyclical

Nebius Group NV Shs Class-A-

2.78 9M
Communication Services

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