AMCZX Performance — Alger Mid Cap Growth Fund, Class Z
Data updated: 2026-09-25
AMCZX returned +4.15% year to date and +8.14% over one year to Jul 2026. Annualised returns are +13.73% over 3 years and +7.99% over 5 years. Against its US Mid-Cap Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $147, against $139 for the category, and to $108 over one year, against $110. Volatility over the past three years was 16.82% a year. In the 12 months to Jul 2026 the fund took in a net $2.3M, and assets reached $294.35M.
AMCZX Growth of $100
What $100 invested in Alger Mid Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | AMCZX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $110 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $139 |
| 5 years (Aug 2021 – Jul 2026) | $147 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $148 | $189 |
AMCZX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.15% |
| 1 year | +8.14% |
| 3 years (annualised) | +13.73% |
| 5 years (annualised) | +7.99% |
AMCZX Annual Returns
Calendar-year total returns of Alger Mid Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.15% |
| 2025 | +17.22% |
| 2024 | +20.46% |
| 2023 | +0.23% |
| 2022 | −0.39% |
| 2021 | +0.08% |
| 2020 | +0.54% |
| 2019 (Aug–Dec) | −0.01% |
AMCZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.2% | +1.2% | −8.3% | +8.3% | +5.6% | +5.2% | −5.7% | — | — | — | — | — |
| 2025 | +5.9% | −6.5% | −8.8% | +3.3% | +9.1% | +6.9% | +3.7% | +2.0% | +4.2% | 0.0% | −1.7% | −0.7% |
| 2024 | +1.1% | +8.4% | +2.1% | −5.4% | +1.4% | +0.6% | +0.7% | +1.2% | +3.5% | +0.9% | +12.0% | −6.5% |
| 2023 | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% | +0.1% | 0.0% | 0.0% | −0.1% | −0.1% | +0.1% | +0.1% |
| 2022 | −0.2% | 0.0% | 0.0% | −0.1% | 0.0% | −0.1% | +0.1% | 0.0% | −0.1% | 0.0% | 0.0% | −0.1% |
| 2021 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | +0.1% | −0.1% | 0.0% |
| 2020 | 0.0% | 0.0% | −0.1% | +0.2% | +0.1% | 0.0% | +0.1% | +0.1% | 0.0% | 0.0% | +0.1% | +0.1% |
| 2019 | — | — | — | — | — | — | — | 0.0% | −0.1% | 0.0% | 0.0% | 0.0% |
AMCZX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.82%
- 3-year Sharpe ratio: 0.55 (vs 4.5% risk-free rate)
- Best month: +12.02% (Nov 2024)
- Worst month: −8.85% (Mar 2025)
AMCZX Fund Flows
Monthly money in and out of Alger Mid Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $2.3M
- 12-month gross sales (incl. reinvestments): $39.7M
- Sales ÷ redemptions: 1.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.9M | $2.4M | $522K |
| Jun 2026 | $3.6M | $3.6M | $28K |
| May 2026 | $4.7M | $2.7M | $1.9M |
| Apr 2026 | $2.8M | $2.2M | $645K |
| Mar 2026 | $4.8M | $4.0M | $766K |
| Feb 2026 | $2.1M | $3.9M | −$1.8M |
| Jan 2026 | $3.1M | $3.4M | −$391K |
| Dec 2025 | $2.4M | $2.5M | −$11K |
| Nov 2025 | $2.1M | $2.6M | −$565K |
| Oct 2025 | $8.4M | $4.0M | $4.5M |
| Sep 2025 | $2.1M | $3.4M | −$1.3M |
| Aug 2025 | $670K | $2.6M | −$2.0M |
AMCZX Assets Under Management
Net assets of Alger Mid Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $294.35M |
| 2026-04-30 | $278.63M |
| 2026-01-30 | $277.51M |
| 2025-10-31 | $288.73M |
| 2025-07-31 | $270.73M |
| 2025-04-30 | $226.29M |
| 2025-01-31 | $252.88M |
| 2024-10-31 | $242.23M |
| 2024-07-31 | $235.36M |
| 2024-04-30 | $230.67M |
| 2024-01-31 | $221.68M |
| 2023-10-31 | $189.67M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.