AFGZX — Alger Global Focus Fund, Class Z
Data updated: 2026-09-25
AFGZX — Alger Global Focus Fund, Class Z. 0.99% expense ratio · since 2003. Holdings, fees, performance and SEC filings.
AFGZX Fund Overview
AFGZX — Alger Global Focus Fund, Class Z is a US mutual fund managed by Alger Global Equity Fund, categorised as Global (incl. US) Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Alger Global Equity Fund
- Category: Global (incl. US) Large Cap Growth Equity
- Assets under management: $19.77M
- 1-year return: 4.8%
- Ticker: AFGZX
- SEC CIK: 0001219064
- SEC series ID: S000009192
- Share class ID: C000127111
AFGZX Investment Objective and Strategy
Alger Global Focus Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Alger Global Equity Fund.
Investment objective
Alger Global Focus Fund seeks long-term capital appreciation.
Principal investment strategy
The Fund invests in companies that it believes are attractively valued, high quality growth companies. High quality growth companies are those companies that have definable strategic advantages/moat and competitive positioning that offer strong earnings visibility and sustainability. Moat refers to a business' ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms. The Fund focuses on analyzing growth trajectories and identifying catalysts for future growth for companies that are in a positive earnings revision cycle. The Fund is an all-cap, all-country, opportunistic focus fund which generally holds less than 50 holdings. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of global companies, which include both U.S.
and foreign companies, and invests significantly (at least 40% unless market conditions are not deemed favorable, in which case the Portfolio would invest at least 30%) in foreign companies. Foreign companies are companies (i) that are organized under the laws of a foreign country; (ii) whose securities are primarily listed in a foreign country; or (iii) that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States. The Fund's foreign investments will include securities of companies in both developed and emerging market countries. The Fund may invest in companies of any market capitalization, from large, well-established companies to small, emerging growth companies. Emerging market countries include all countries categorized as Emerging Markets or Frontier Markets by MSCI.
Fred Alger Management, Inc. believes that exposure to issuers incorporated outside the U.S. can help provide diversification when seeking long-term growth of capital. The Fund may emphasize its exposure to foreign (including emerging market) securities if Fred Alger Management, Inc. believes that such securities have the potential to outperform U.S. securities. The Fund will allocate its assets among various regions and at least three different countries, including the U.S. The Fund's benchmark is the Morgan Stanley Capital International (MSCI) All Country World Index (ACWI), which is an unmanaged, market capitalization-weighted index designed to provide a broad measure of equity market performance throughout the world, including both developed and emerging markets. The Fund's portfolio manager(s) may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive.
As a result, the Fund may engage in active trading of portfolio securities. The Fund can leverage, that is, borrow money to purchase additional securities.
AFGZX Holdings
Top 10 holdings of Alger Global Focus Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Amazon.com, Inc. | 5.27% |
| NVIDIA Corp. | 4.16% |
| Dreyfus Treasury Obligations Cash Management | 4.13% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 4.12% |
| Broadcom, Inc. | 3.93% |
| Ge Vernova, Inc. | 3.75% |
| Hitachi Ltd. | 3.65% |
| Coca-Cola Hbc AG | 3.42% |
| Cardinal Health, Inc. | 3.14% |
| Analog Devices, Inc. | 3.05% |
AFGZX Portfolio Allocation
Asset-class allocation of Alger Global Focus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.2% |
| Cash & Equivalents | 4.1% |
AFGZX Performance
Total returns for AFGZX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.41% |
| 1 year | 4.79% |
| 3 years (annualised) | 10.61% |
| 5 years (annualised) | 6.22% |
AFGZX Risk Information
Risk metrics for AFGZX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.75%
AFGZX Costs and Fees
AFGZX costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.88%
- Portfolio turnover: 87%
- Brokerage commissions: 14.19 bps of average net assets (SEC N-CEN)
AFGZX Cashflows
Over the 12 months to 2026-07, Alger Global Focus Fund had net outflows of $1.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$78.04K |
| 2026-06 | −$133.60K |
| 2026-05 | −$256.15K |
| 2026-04 | −$25.62K |
| 2026-03 | −$28.59K |
| 2026-02 | −$32.49K |
AFGZX Debt Constituents
No individual debt constituents are reported in Alger Global Focus Fund's latest SEC N-PORT filing.
AFGZX Prospectus and SEC Filings
Official Alger Global Focus Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other Global (incl. US) Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.