|
Class |
Ticker
Symbol |
Alger
Capital Appreciation
Fund
(“Capital Appreciation
Fund”) |
A
C
Z |
ACAAX
ALCCX
ACAZX |
Alger
International Focus
Fund
(“International Focus
Fund”) |
A
B
C
I
Z |
ALGAX
AFGPX
ALGCX
AIGIX
ALCZX |
Alger
Mid Cap Focus Fund
(“Mid
Cap Focus Fund”) |
A
C
I
Y
Z |
ALOAX
ALOCX
AFOIX
ALOYX
AFOZX |
Alger
Mid Cap Growth Fund
(“Mid
Cap Growth Fund”) |
A
B
C
Z |
AMGAX
AMCGX
AMGCX
AMCZX |
|
Class |
Ticker
Symbol |
Alger
Weatherbie Specialized
Growth
Fund (“Specialized
Growth
Fund”) |
A
C
I
Y
Z |
ALMAX
ALMCX
ASIMX
ASYMX
ASMZX |
Alger
Small Cap Growth Fund
(“Small
Cap Growth Fund”) |
A
B
C
Y
Z |
ALSAX
ALSCX
AGSCX
ASCYX
ASCZX |
Alger
Small Cap Focus Fund
(“Small
Cap Focus Fund”) |
A
C
I
Y
Z |
AOFAX
AOFCX
AOFIX
AOFYX
AGOZX |
Alger
Health Sciences Fund
(“Health
Sciences Fund”) |
A
C
Z |
AHSAX
AHSCX
AHSZX |
Alger
Growth & Income Fund
(“Growth
& Income Fund”) |
A
C
Z |
ALBAX
ALBCX
AGIZX |
Alger
35 Fund |
Z |
ATVPX |
|
Broker
Commissions Paid for 2021 |
| ||||
|
|
Paid
to Alger LLC |
Soft
Dollar Transactions | |||
|
Total
Paid
by
the
Fund |
Dollar
Amount
Paid
to
Alger
LLC |
%
of
Brokerage
Commissions
Paid
to
Alger
LLC |
%
of
Dollar
Amount
of
Transactions
Effected
through
Alger
LLC |
Value
of
Transactions |
Commissions |
Capital
Appreciation Fund |
$1,775,325
|
$313,010 |
18% |
14% |
$1,590,940,985 |
$529,603 |
International
Focus Fund |
470,619 |
- |
0% |
0% |
- |
- |
Mid
Cap Growth Fund |
465,342 |
82,380 |
18% |
20% |
194,963,401 |
107,138 |
Mid
Cap Focus Fund |
1,745,744 |
271,423 |
16% |
16% |
512,220,643 |
395,381 |
Specialized
Growth Fund |
1,004,748 |
- |
0% |
0% |
706,114,957 |
393,917 |
Small
Cap Growth Fund |
319,727 |
51,412 |
16% |
16% |
96,306,331 |
69,974 |
Small
Cap Focus Fund |
4,111,699 |
562,826 |
14% |
16% |
1,940,482,297 |
1,196,012 |
Health
Sciences Fund |
716,576 |
75,124 |
10% |
17% |
191,168,477 |
181,652 |
Growth
& Income Fund |
9,372 |
- |
0% |
0% |
3,165,354 |
1,149 |
Alger
35 |
28,928 |
8,041 |
28% |
27% |
4,342,730 |
2,755 |
|
$10,648,080 |
$1,364,216 |
13% |
14% |
$5,239,705,175 |
$2,877,581 |
|
Broker
Commissions Paid for 2022 |
| ||||
|
|
Paid
to Alger LLC |
Soft
Dollar Transactions | |||
|
Total
Paid
by
the
Fund |
Dollar
Amount
Paid
to
Alger
LLC |
%
of
Brokerage
Commissions
Paid
to
Alger
LLC |
%
of
Dollar
Amount
of
Transactions
Effected
through
Alger
LLC |
Value
of
Transactions |
Commissions |
Capital
Appreciation Fund |
$1,779,110
|
$255,413 |
14% |
14% |
$698,810,420
|
$303,264 |
International
Focus Fund |
258,588 |
300 |
0% |
0% |
- |
- |
Mid
Cap Focus Fund |
1,439,667 |
195,114 |
14% |
17% |
573,972,609 |
386,864 |
Mid
Cap Growth Fund |
416,723 |
77,465 |
19% |
20% |
210,861,281 |
91,639 |
Enduring
Growth Fund* |
2,181 |
- |
0% |
0% |
- |
- |
Specialized
Growth Fund |
2,144,853 |
- |
0% |
0% |
174,020,528 |
171,236 |
Small
Cap Growth Fund |
131,577 |
15,989 |
12% |
14% |
50,403,380 |
55,639 |
Small
Cap Focus Fund |
2,944,853 |
389,927 |
13% |
14% |
1,389,829,625 |
995,073 |
Health
Sciences Fund |
876,879 |
127,351 |
15% |
21% |
67,475,003 |
103,002 |
Growth
& Income Fund |
35,669 |
2,116 |
6% |
4% |
12,245,423 |
3,477 |
Alger
35 |
59,804 |
12,239 |
20% |
23% |
5,311,224 |
3,793 |
|
$10,089,904 |
$1,075,914 |
11% |
14% |
$3,182,929,493 |
$2,113,987 |
|
Broker
Commissions Paid for 2023 |
| ||||
|
|
Paid
to Alger LLC |
Soft
Dollar Transactions | |||
|
Total
Paid
by
the
Fund |
Dollar
Amount
Paid
to
Alger
LLC |
%
of
Brokerage
Commissions
Paid
to
Alger
LLC |
%
of
Dollar
Amount
of
Transactions
Effected
through
Alger
LLC |
Value
of
Transactions |
Commissions |
Capital
Appreciation Fund |
$1,155,812 |
$233,685 |
20% |
17% |
$910,260,058
|
$391,586 |
International
Focus Fund |
267,360 |
14,698 |
5% |
4% |
3,425,663 |
2,539 |
Mid
Cap Focus Fund |
505,076 |
126,270 |
25% |
22% |
271,739,030 |
155,018 |
Mid
Cap Growth Fund |
117,149 |
11,464 |
10% |
6% |
85,863,850 |
35,752 |
Specialized
Growth Fund |
602,776 |
- |
0% |
0% |
183,556,682 |
163,486 |
Small
Cap Growth Fund |
269,470 |
75,252 |
28% |
20% |
68,308,097 |
74,553 |
Small
Cap Focus Fund |
2,925,744 |
273,713 |
9% |
11% |
1,281,214,492 |
1,190,181 |
Health
Sciences Fund |
635,693 |
98,068 |
15% |
14% |
253,256,521 |
164,655 |
Growth
& Income Fund |
24,463 |
556 |
2% |
1% |
10,456,456 |
3,282 |
Alger
35 |
141,455 |
25,185 |
18% |
12% |
67,631,716 |
45,241 |
|
$6,644,998 |
$858,891 |
13% |
13% |
$3,135,712,565 |
$2,226,293 |
Growth
& Income Fund |
Dollar
Value of Securities Owned |
Bank
of America Corp. |
$3,135,830 |
Morgan
Stanley |
$5,441,455 |
JP
Morgan Chase & Co. |
$9,040,151 |
International
Focus Fund |
Dollar
Value of Securities Owned |
Banco
BTG Pactual SA |
$2,231,370 |
Fund |
Class
A |
Class
C |
Class
I |
Alger
Capital Appreciation Fund |
$1,924,811 |
$789,689 |
$—
|
Alger
International Focus Fund |
$267,056 |
$13,684 |
$2,924 |
Alger
Mid Cap Focus Fund |
$12,657 |
$24,685 |
$84,584 |
Alger
Mid Cap Growth Fund |
$369,261 |
$40,671 |
$—
|
Alger
Weatherbie Specialized Growth Fund |
$269,458 |
$383,891 |
$59,890 |
Alger
Small Cap Growth Fund |
$328,041 |
$182,123 |
$—
|
Alger
Small Cap Focus Fund |
$465,334 |
$874,245 |
$236,861 |
Alger
Health Sciences Fund |
$203,871 |
$66,870 |
$—
|
Alger
Growth & Income Fund |
$307,524 |
$243,041 |
$—
|
Fund |
Carryforward
Amounts |
Alger
International Focus Fund |
$20,892,933 |
Alger
Mid Cap Growth Fund |
$13,402,169 |
Alger
Small Cap Growth Fund |
$21,133,510 |
Fund |
Class
B |
Alger
International Focus Fund |
$137,615 |
Alger
Mid Cap Growth Fund |
$104,730 |
Alger
Small Cap Growth Fund |
$26,201 |
|
Capital
Appreciation
Fund |
International
Focus
Fund |
Mid
Cap
Growth
Fund |
Specialized
Growth
Fund |
Small
Cap
Growth
Fund |
Small
Cap
Focus
Fund |
Health
Sciences
Fund |
Growth
&
Income
Fund |
Mid
Cap
Focus
Fund |
Total |
Advertising
&
Promotion |
$53,306
|
$7,579 |
$10,257 |
$7,717 |
$9,357 |
$13,772 |
$6,040 |
$8,457 |
$377 |
$116,862
|
Compensation
to
Dealers |
1,863,086 |
261,649 |
358,091 |
278,508 |
296,977 |
493,245 |
211,025 |
291,838 |
17,153 |
4,071,572 |
Compensation
to
Sales
Personnel |
144,769 |
20,597 |
27,870 |
20,997 |
25,436 |
37,481 |
16,458 |
22,983 |
1,024 |
317,615 |
Printing |
6,492 |
923 |
1,249 |
941 |
1,140 |
1,679 |
737 |
1,030 |
46 |
14,237 |
Total
Selling
Expenses |
$2,067,653 |
$290,748 |
$397,467 |
$308,163 |
$332,910 |
$546,177 |
$234,260 |
$324,308 |
$18,600 |
$4,520,286 |
|
International
Focus
Fund |
Mid
Cap
Growth
Fund |
Small
Cap
Growth
Fund |
Total |
Advertising
& Promotion |
$976 |
$725 |
$188 |
$1,889
|
Compensation
to Dealers |
8,085 |
39,756 |
30,449 |
78,290 |
Compensation
to Sales Personnel |
2,652 |
1,971 |
513 |
5,136 |
Interest |
1,356,660 |
870,304 |
1,372,526 |
3,599,490 |
Printing |
119 |
88 |
23 |
230 |
Total
Selling Expenses |
$1,368,492 |
$912,844 |
$1,403,699 |
$3,685,035 |
|
Capital
Appreciation
Fund |
International
Focus
Fund |
Mid
Cap
Growth
Fund |
Specialized
Growth
Fund |
Small
Cap
Growth
Fund |
Small
Cap
Focus
Fund |
Health
Sciences
Fund |
Growth
&
Income
Fund |
Mid
Cap
Focus
Fund |
Total |
Advertising
&
Promotion |
$5,628 |
$94 |
$291 |
$2,763 |
$1,289 |
$6,479 |
$514 |
$1,737 |
$189 |
$18,984
|
Compensation
to
Dealers |
725,854 |
12,740 |
38,879 |
365,829 |
173,485 |
863,593 |
64,344 |
215,935 |
22,749 |
2,483,408 |
Compensation
to
Sales
Personnel |
15,304 |
256 |
791 |
7,517 |
3,506 |
17,633 |
1,402 |
4,725 |
515 |
51,649 |
Printing |
686 |
11 |
35 |
337 |
157 |
790 |
63 |
212 |
23 |
2,314 |
Total
Selling
Expenses |
$747,472 |
$13,101 |
$39,996 |
$376,446 |
$178,437 |
$888,495 |
$66,323 |
$222,609 |
$23,476 |
$2,556,355 |
|
International
Focus
Fund |
Specialized
Growth
Fund |
Small
Cap
Focus
Fund |
Mid
Cap
Focus
Fund |
Total |
Advertising
& Promotion |
$83 |
$1,898 |
$7,123 |
$2,239 |
$11,343 |
Compensation
to Dealers |
7,924 |
66,346 |
248,705 |
53,589 |
376,564 |
Compensation
to Sales Personnel |
226 |
5,163 |
19,459 |
6,212 |
31,060 |
Printing |
10 |
231 |
869 |
275 |
1,385 |
Total
Selling Expenses |
$8,243 |
$73,638 |
$276,156 |
$62,315 |
$420,352 |
Name,
(Year of Birth), and
Address(1) |
Position(s)
Held
with
the
Trust
and
Length
of
Time
Served |
Principal
Occupation(s) During
Past
Five Years |
Number
of
Funds
in
the Alger
Fund
Complex(3)
which
are
Overseen
by
Trustee |
Other
Directorships
Held
by Trustee
During
Past
Five
Years |
Interested
Trustee(2):
|
|
|
|
|
Hilary
M. Alger (1961) |
Trustee
since
2003 |
Non-profit
Fundraising Consultant since
2015,
Schultz & Williams; Non-profit
Fundraising
Consultant since 2014, Hilary
Alger
Consulting; Emeritus Trustee since
2020
and Trustee from 2013 to 2020,
Philadelphia
Ballet; School Committee
Member
from 2017 to 2023, Germantown
Friends
School; Trustee, Target Margin
Theatre
from 1995 to 2023. |
28 |
Board
of Directors, Alger
Associates,
Inc. |
Non-Interested
Trustees: |
|
|
|
|
Charles
F. Baird, Jr. (1953) |
Trustee
since
2000 |
Managing
Partner of North Castle Partners
(private
equity securities group). |
28 |
|
Name,
(Year of Birth), and
Address(1) |
Position(s)
Held
with
the
Trust
and
Length
of
Time
Served |
Principal
Occupation(s) During
Past
Five Years |
Number
of
Funds
in
the Alger
Fund
Complex(3)
which
are
Overseen
by
Trustee |
Other
Directorships
Held
by Trustee
During
Past
Five
Years |
David
Rosenberg (1962) |
Trustee
since
2007 |
Associate
Professor of Law since August
2000,
Zicklin School of Business, Baruch
College,
City University of New York. |
28 |
|
Nathan
E. Saint-Amand M.D.
(1938) |
Trustee
since
1986 |
Medical
doctor in private practice since
1970;
Member of the Board of the
Manhattan
Institute (non-profit policy
research)
since 1988. |
28 |
|
Name
(Year of Birth),
Position
with
Trust
and Address(1) |
Principal
Occupations |
Officer
Since |
Officers(2): |
|
|
Hal
Liebes (1964)
President,
Principal
Executive Officer |
Executive
Vice President, Chief Operating Officer (“COO”), and Secretary, Alger
Management;
COO and Secretary, Alger Associates, Inc. and Weatherbie Capital, LLC;
COO,
Vice President, Secretary and Manager, Alger Group Holdings, LLC and Alger
Capital,
LLC; Director, Alger SICAV; Executive Director and Chairman, Alger
Management,
Ltd.; Manager and Secretary, Alger Apple Real Estate LLC; Manager, Alger
Partners
Investors I, LLC, Alger Partners Investors II, LLC, Alger Partners
Investors KEIGF,
Alger
Partners Investors-Crossbay LLC and Redwood Investments, LLC; Secretary,
Alger
Boulder
I LLC. |
2005 |
Tina
Payne (1974)
Secretary,
Chief
Compliance Officer,
Chief
Legal Officer |
Senior
Vice President, General Counsel, Chief Compliance Officer (“CCO”) and
Assistant
Secretary,
Alger Management; Senior Vice President, General Counsel and Secretary,
Alger
LLC;
CCO, Alger Management, Ltd. and Redwood Investments, LLC; Assistant
Secretary,
Weatherbie
Capital, LLC; Vice President and Assistant Secretary, Alger Group
Holdings,
LLC. |
2017 |
Michael
D. Martins (1965)
Treasurer,
Principal
Financial Officer |
Senior
Vice President, Alger Management. |
2005 |
Sergio
M. Pavone (1961)
Assistant
Treasurer |
Vice
President, Alger Management. |
2007 |
Mia
G. Pillinger (1989)
Assistant
Secretary |
Vice
President, Associate Counsel of Alger Management since 2020. Formerly,
Associate at
Willkie
Farr & Gallagher, LLP, from 2016 to 2020. |
2020 |
Sushmita
Sahu (1981)
AML
Compliance Officer |
Vice
President, Alger Management. |
2021 |
Name
of Person |
Aggregate
Compensation
from
The Alger Funds* |
Total
Compensation
Paid
to Trustee from
The
Alger Fund Complex* |
Charles
F. Baird, Jr |
$73,808 |
$169,000 |
David
Rosenberg |
$72,346 |
$165,750 |
Nathan
E. Saint-Amand |
$73,812 |
$169,000 |
|
Hilary
M.
Alger |
Charles
F.
Baird,
Jr. |
David
Rosenberg |
Nathan
E.
Saint-Amand |
Capital
Appreciation Fund |
E |
E |
A |
A |
International
Focus Fund |
E |
A |
A |
A |
Mid
Cap Focus Fund |
E |
A |
A |
A |
Mid
Cap Growth Fund |
E |
A |
A |
A |
Specialized
Growth Fund |
E |
E |
A |
E |
Small
Cap Growth Fund |
E |
D |
A |
A |
Small
Cap Focus Fund |
E |
E |
C |
A |
Health
Sciences Fund |
E |
E |
B |
C |
Growth
& Income Fund |
E |
A |
C |
A |
Alger
35 Fund |
E |
A |
A |
A |
Aggregate
Equity Securities of Funds in the Alger Fund Complex |
E |
E |
C |
E |
Fund |
Annual
Fee as a Percentage
of
Average Daily Net Assets |
Alger
Capital Appreciation Fund |
.81% for
assets up to $2 billion;
.65% for
assets between $2 billion and $3 billion;
.60% for
assets between $3 billion and $4 billion;
.55% for
assets between $4 billion and $5 billion;
.45% for
assets in excess of $5 billion |
Alger
International Focus Fund |
.71% for
assets up to $1 billion;
.60% for
assets in excess of $1 billion |
Alger
Mid Cap Focus Fund |
.70% for
assets up to $250 million;
.50% for
assets in excess of $250 million |
Alger
Mid Cap Growth Fund |
.76% for
assets up to $1 billion;
.70% for
assets in excess of $1 billion |
Alger
Weatherbie Specialized Growth Fund |
.81% for
assets up to $1 billion;
.75% for
assets in excess of $1 billion |
Alger
Small Cap Growth Fund |
.81% for
assets up to $1 billion;
.75% for
assets in excess of $1 billion |
Alger
Small Cap Focus Fund |
.75% |
Alger
Health Sciences Fund |
.55% |
Alger
Growth & Income Fund |
.50% |
Alger
35 Fund* |
.45% |
Fund |
Class |
Waiver |
Alger
Capital Appreciation Fund1 |
Z |
0.04% |
Alger
International Focus Fund2 |
I |
0.54% |
Z |
0.13% | |
Alger
Mid Cap Focus Fund3 |
A |
0.53% |
C |
1.28% | |
I |
0.58% | |
Y |
0.07% | |
Z |
0.37% | |
Alger
Mid Cap Growth Fund4 |
Z |
0.23% |
Alger
Weatherbie Specialized Growth Fund5 |
Y |
0.07% |
Alger
Small Cap Growth Fund6 |
Y |
0.03% |
Z |
0.18% | |
Alger
Small Cap Focus Fund7 |
Y |
0.10% |
Alger
Health Sciences Fund8 |
Z |
0.20% |
Fund |
2023 |
2022 |
2021 |
Alger
Capital Appreciation Fund |
$13,930,219 |
$18,966,853 |
$24,040,397 |
Alger
International Focus Fund |
$1,009,184 |
$1,163,396 |
$1,406,325 |
Alger
Mid Cap Focus Fund |
$2,222,125 |
$3,638,059 |
$4,041,718 |
Alger
Mid Cap Growth Fund |
$1,493,216 |
$1,794,863 |
$2,287,642 |
Alger
Weatherbie Specialized Growth Fund |
$5,446,099 |
$8,738,128 |
$11,557,216 |
Alger
Small Cap Growth Fund |
$2,754,333 |
$3,846,321 |
$4,958,536 |
Alger
Small Cap Focus Fund |
$16,742,742 |
$32,446,171 |
$58,391,557 |
Alger
Health Sciences Fund |
$828,941
|
$1,235,763 |
$1,747,715 |
Alger
Growth & Income Fund |
$1,516,864 |
$985,435
|
$695,601 |
Alger
35 Fund |
$118,568
|
$146,126
|
$87,862 |
Fund |
2023 |
2022 |
2021 |
Alger
Capital Appreciation Fund |
$620,626 |
$179,703 |
$—
|
Alger
International Focus Fund |
$120,145 |
$133,498 |
$7,047 |
Alger
Mid Cap Focus Fund |
$948 |
$83 |
$15 |
Alger
Mid Cap Growth Fund |
$69,459 |
$80,610 |
$—
|
Alger
Weatherbie Specialized Growth Fund |
$35,423 |
$21,864 |
$8,083 |
Alger
Small Cap Growth Fund |
$28,456 |
$26,687 |
$—
|
Alger
Small Cap Focus Fund |
$92,140 |
$—
|
$—
|
Alger
Health Sciences Fund |
$17,284 |
$—
|
$—
|
Alger
Growth & Income Fund |
$—
|
$—
|
$486 |
Alger
35 Fund |
$105,739 |
$126,948 |
$150,818 |
Fund |
2023 |
2022 |
2021 |
Alger
Capital Appreciation Fund |
$472,940 |
$670,692 |
$886,499 |
Alger
International Focus Fund |
$39,088 |
$45,061 |
$54,470 |
Alger
Mid Cap Focus Fund |
$94,759 |
$172,443 |
$194,682 |
Alger
Mid Cap Growth Fund |
$54,031 |
$64,946 |
$82,777 |
Alger
Weatherbie Specialized Growth Fund |
$184,898 |
$300,216 |
$401,773 |
Alger
Small Cap Growth Fund |
$93,511 |
$130,585 |
$168,345 |
|