ALGRX — Alger Focus Equity Fund, Class I
Data updated: 2026-09-25
ALGRX — Alger Focus Equity Fund, Class I. 0.95% expense ratio · since 1993. Holdings, fees, performance and SEC filings.
ALGRX Fund Overview
ALGRX — Alger Focus Equity Fund, Class I is a US mutual fund managed by Alger Institutional Funds, categorised as United States Large Cap Growth Information Technology 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 Institutional Funds
- Category: United States Large Cap Growth Information Technology Equity
- Assets under management: $7.12B
- 1-year return: 24.2%
- Ticker: ALGRX
- SEC CIK: 0000911415
- SEC series ID: S000009201
- Share class ID: C000024998
ALGRX Investment Objective and Strategy
Alger Focus Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Alger Institutional Funds.
Investment objective
Alger Focus Equity Fund seeks long-term capital appreciation.
Principal investment strategy
Fred Alger Management, Inc. believes companies undergoing Positive Dynamic Change offer the best investment opportunities. Positive Dynamic Change refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, significantly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefiting from regulatory change, a new product introduction or management change. The Fund focuses on equity securities of companies of any capitalization that Fred Alger Management, Inc. believes demonstrate promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. As a focus fund, the Fund intends to invest a substantial portion of its assets in a small number of issuers, and may focus its holdings in fewer business sectors or industries.
Generally the Fund will hold approximately 50 securities. The number of securities held by the Fund may occasionally exceed this range for a variety of reasons. The Fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, and health care sectors. 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.
ALGRX Holdings
Top 10 holdings of Alger Focus Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 13.46% |
| Microsoft Corp. | 7.63% |
| Alphabet, Inc. | 5.96% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 5.05% |
| Amazon.com, Inc. | 4.59% |
| Western Digital Corp. | 4.27% |
| Broadcom, Inc. | 4.14% |
| Apple, Inc. | 4.07% |
| Meta Platforms, Inc. | 3.52% |
| Nebius Group NV | 3.34% |
ALGRX Portfolio Allocation
Asset-class allocation of Alger Focus Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.4% |
| Cash & Equivalents | 1.2% |
ALGRX Performance
Total returns for ALGRX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.07% |
| 1 year | 24.25% |
| 3 years (annualised) | 32.76% |
| 5 years (annualised) | 18.52% |
ALGRX Risk Information
Risk metrics for ALGRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.17%
ALGRX Costs and Fees
ALGRX costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 134%
- Brokerage commissions: 9.67 bps of average net assets (SEC N-CEN)
ALGRX Cashflows
Over the 12 months to 2026-04, Alger Focus Equity Fund had net inflows of $2.83B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $269.58M |
| 2026-03 | $272.94M |
| 2026-02 | $159.61M |
| 2026-01 | $253.63M |
| 2025-12 | $643.34M |
| 2025-11 | $94.32M |
ALGRX Debt Constituents
No individual debt constituents are reported in Alger Focus Equity Fund's latest SEC N-PORT filing.
ALGRX Prospectus and SEC Filings
Official Alger Focus Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus supplement (497) — filed 2025-03-04
- 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 United States Large Cap Growth Information Technology 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.