ATFPX — Alger 25 Fund
Data updated: 2021-06-29
ATFPX — Alger 25 Fund. Developed ex-US Growth Equity · $26.97M AUM · 0.55% expense ratio · 0.5% 1-yr return. Holdings, fees, performance and SEC filings.
ATFPX Fund Overview
ATFPX — Alger 25 Fund is a US mutual fund managed by Alger Funds, categorised as Developed ex-US 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 Funds
- Category: Developed ex-US Growth Equity
- Assets under management: $26.97M
- 1-year return: 0.5%
- Ticker: ATFPX
- SEC CIK: 0000003521
- SEC series ID: S000059913
- Share class ID: C000195951
ATFPX Investment Objective and Strategy
Alger 25 Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Alger Funds.
Investment objective
Alger 25 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 benefitting from regulatory change, a new product introduction or management change. Under normal circumstances, the Fund invests in a 25-stock portfolio of equity securities of companies of any market capitalization that Fred Alger Management, Inc. believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights.
The Fund invests primarily in companies whose securities are traded on domestic exchanges. The Fund focuses its investments in companies fostering and benefiting from technological improvements, advancements or developments. In the opinion of Fred Alger Management, Inc., these companies use technology extensively to improve their business processes, applications and opportunities or seek to grow through technological developments and innovations. The Fund intends to invest a substantial portion of its assets in a smaller number of issuers. Generally the Fund will own approximately 25 holdings. As a result, the Fund is a non-diversified investment company, which means the performance results of any one position may have a greater impact on the Fund's performance. The Fund's portfolio manager may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive.
The Fund can leverage, that is, borrow money to buy additional securities. The Fund can invest in foreign securities.
ATFPX Performance
Total returns for ATFPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.5% |
ATFPX Risk Information
Risk metrics for ATFPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.2%
ATFPX Costs and Fees
ATFPX costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 1.28%
- Portfolio turnover: 59%
- Brokerage commissions: 4.44 bps of average net assets (SEC N-CEN)
ATFPX Cashflows
Over the 12 months to 2021-04, Alger 25 Fund had net inflows of $910.77K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | $0 |
| 2021-03 | $0 |
| 2021-02 | $24.98K |
| 2021-01 | −$576.51K |
| 2020-12 | $1.26M |
| 2020-11 | $200.00K |
ATFPX Debt Constituents
No individual debt constituents are reported in Alger 25 Fund's latest SEC N-PORT filing.
ATFPX Prospectus and SEC Filings
Official Alger 25 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-03-13
- Prospectus (485BPOS) — filed 2019-03-15
- Prospectus supplement (497) — filed 2021-03-05
- Portfolio holdings (N-PORT) — filed 2021-06-29
- Portfolio holdings (N-PORT) — filed 2021-04-01
- Portfolio holdings (N-PORT) — filed 2020-12-29
- Annual census (N-CEN) — filed 2021-01-13
- Annual census (N-CEN) — filed 2020-01-10
Related Funds
Other Developed ex-US 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.