AIFAX — Alger AI Enablers & Adopters Fund
Data updated: 2026-06-26
AIFAX — Alger AI Enablers & Adopters Fund. United States Large Cap Growth Thematic Equity · $22.84M AUM. Holdings, fees, performance and SEC filings.
AIFAX Fund Overview
AIFAX — Alger AI Enablers & Adopters Fund is a US mutual fund managed by Alger Funds, categorised as United States Large Cap Growth Thematic 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 Funds
- Category: United States Large Cap Growth Thematic Equity
- Assets under management: $22.84M
- 1-year return: 70.4%
- Ticker: AIFAX
- SEC CIK: 0000003521
- SEC series ID: S000084279
- Share class ID: C000248576
AIFAX Holdings
Top 10 holdings of Alger AI Enablers & Adopters Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 13.69% |
| Amazon.com, Inc. | 7.06% |
| Western Digital Corp. | 5.94% |
| Alphabet, Inc. | 5.73% |
| Microsoft Corp. | 5.71% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 5.50% |
| Broadcom, Inc. | 5.20% |
| Meta Platforms, Inc. | 5.01% |
| Nebius Group NV | 3.58% |
| Apple, Inc. | 2.85% |
AIFAX Portfolio Allocation
Asset-class allocation of Alger AI Enablers & Adopters Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.6% |
| Cash & Equivalents | 2.3% |
AIFAX Performance
Total returns for AIFAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.6% |
| 1 year | 70.4% |
| 3 years (annualised) | 41.1% |
AIFAX Risk Information
Risk metrics for AIFAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 28.2%
AIFAX Costs and Fees
AIFAX costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 2.68%
- Portfolio turnover: 174%
- Brokerage commissions: 13.84 bps of average net assets (SEC N-CEN)
AIFAX Cashflows
Over the 12 months to 2026-04, Alger AI Enablers & Adopters Fund had net inflows of $12.64M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $611.59K |
| 2026-03 | $456.07K |
| 2026-02 | −$457.50K |
| 2026-01 | $563.61K |
| 2025-12 | $1.64M |
| 2025-11 | $558.13K |
AIFAX Debt Constituents
No individual debt constituents are reported in Alger AI Enablers & Adopters Fund's latest SEC N-PORT filing.
AIFAX Prospectus and SEC Filings
Official Alger AI Enablers & Adopters Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Growth Thematic 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.