ASCZX Performance — Alger Small Cap Growth Fund, Class Z
Data updated: 2026-09-25
ASCZX returned +21.28% year to date and +35.10% over one year to Jul 2026. Annualised returns are +12.79% over 3 years and +7.41% over 5 years. The fund beat its US Small Growth category average: $100 invested three years ago grew to $143, against $142 for the category, and to $135 over one year, against $123. Volatility over the past three years was 20.36% a year. In the 12 months to Jul 2026 the fund lost a net $46.6M, and assets reached $204.22M.
ASCZX Growth of $100
What $100 invested in Alger Small Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Growth category average over the same months.
| Period | ASCZX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $135 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $143 | $142 |
| 5 years (Aug 2021 – Jul 2026) | $143 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $144 | $189 |
ASCZX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.28% |
| 1 year | +35.10% |
| 3 years (annualised) | +12.79% |
| 5 years (annualised) | +7.41% |
ASCZX Annual Returns
Calendar-year total returns of Alger Small Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +21.28% |
| 2025 | +7.78% |
| 2024 | +9.72% |
| 2023 | +0.18% |
| 2022 | −0.42% |
| 2021 | −0.02% |
| 2020 | +0.54% |
| 2019 (Aug–Dec) | −0.03% |
ASCZX 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 | +1.8% | −2.0% | −7.1% | +12.0% | +7.6% | +10.2% | −1.5% | — | — | — | — | — |
| 2025 | +3.6% | −11.8% | −10.8% | +0.3% | +8.4% | +8.2% | +0.9% | +4.4% | +3.9% | +4.1% | +1.0% | −2.4% |
| 2024 | −3.0% | +10.2% | +0.7% | −8.9% | +3.2% | −0.5% | +3.2% | +2.0% | +3.2% | −3.1% | +11.7% | −7.4% |
| 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 | −0.1% | 0.0% | 0.0% | −0.1% | −0.1% | −0.1% | +0.1% | 0.0% | −0.1% | +0.1% | 0.0% | −0.1% |
| 2021 | 0.0% | 0.0% | −0.1% | 0.0% | −0.1% | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% | −0.1% | 0.0% |
| 2020 | 0.0% | 0.0% | −0.1% | +0.2% | +0.1% | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | +0.1% | +0.1% |
| 2019 | — | — | — | — | — | — | — | 0.0% | −0.1% | 0.0% | +0.1% | 0.0% |
ASCZX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 20.36%
- 3-year Sharpe ratio: 0.41 (vs 4.5% risk-free rate)
- Best month: +12.03% (Apr 2026)
- Worst month: −11.77% (Feb 2025)
ASCZX Fund Flows
Monthly money in and out of Alger Small Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$46.6M
- 12-month gross sales (incl. reinvestments): $10.7M
- Sales ÷ redemptions: 0.19×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $796K | $3.6M | −$2.8M |
| Jun 2026 | $602K | $3.1M | −$2.5M |
| May 2026 | $468K | $11.7M | −$11.2M |
| Apr 2026 | $1.5M | $2.9M | −$1.4M |
| Mar 2026 | $790K | $2.8M | −$2.0M |
| Feb 2026 | $607K | $3.0M | −$2.4M |
| Jan 2026 | $945K | $3.9M | −$2.9M |
| Dec 2025 | $782K | $4.2M | −$3.4M |
| Nov 2025 | $644K | $5.0M | −$4.3M |
| Oct 2025 | $731K | $5.6M | −$4.9M |
| Sep 2025 | $1.3M | $4.6M | −$3.3M |
| Aug 2025 | $1.4M | $6.9M | −$5.5M |
ASCZX Assets Under Management
Net assets of Alger Small Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $204.22M |
| 2026-04-30 | $190.78M |
| 2026-01-30 | $193.26M |
| 2025-10-31 | $203.31M |
| 2025-07-31 | $192.74M |
| 2025-04-30 | $177.19M |
| 2025-01-31 | $251.64M |
| 2024-10-31 | $244.59M |
| 2024-07-31 | $289.33M |
| 2024-04-30 | $286.88M |
| 2024-01-31 | $302.49M |
| 2023-10-31 | $274.08M |
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.