|
Class |
Ticker
Symbol |
Alger
Capital Appreciation Fund |
Z |
ACAZX |
Alger
International Focus Fund |
I |
AIGIX |
Z |
ALCZX | |
Alger
Mid Cap Focus Fund |
I |
AFOIX |
Y |
ALOYX | |
Z |
AFOZX | |
Alger
Mid Cap Growth Fund |
Z |
AMCZX |
Alger
Weatherbie Specialized Growth Fund |
I |
ASIMX |
Y |
ASYMX | |
Z |
ASMZX | |
Alger
Small Cap Growth Fund |
Y |
ASCYX |
Z |
ASCZX | |
Alger
Small Cap Focus Fund |
I |
AOFIX |
Y |
AOFYX | |
Z |
AGOZX | |
Alger
Health Sciences Fund |
Z |
AHSZX |
Alger
Growth & Income Fund |
Z |
AGIZX |
Alger
35 Fund |
Z |
ATVPX |
|
1 |
||
|
|
1 |
|
|
|
6 |
|
|
|
16 |
|
|
|
31 |
|
|
|
36 |
|
|
|
51 |
|
|
|
59 |
|
|
|
71 |
|
|
|
76 |
|
|
|
80 |
|
|
85 |
||
|
|
85 |
|
|
|
86 |
|
|
|
87 |
|
|
92 |
||
|
|
92 |
|
|
|
93 |
|
|
|
93 |
|
|
|
94 |
|
|
95 |
||
|
|
95 |
|
|
|
95 |
|
|
|
95 |
|
|
|
96 |
|
|
|
96 |
|
|
|
97 |
|
|
|
99 |
|
|
|
99 |
|
|
99 |
||
|
100 |
||
|
100 |
||
|
102 |
||
|
105 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees* |
.81% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.12% |
Total
Annual Fund Operating Expenses |
.93% |
Fee
Waiver and/or Expense Reimbursement** |
(.07)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.86% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$88 |
$285 |
$503 |
$1,132 |
Best
Quarter: |
Q2
2020 |
28.30% |
Worst
Quarter: |
Q2
2022 |
-24.55% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
Z |
|
|
|
12/29/10 |
Return
Before Taxes |
43.58% |
15.32% |
12.50% |
|
Return
After Taxes on Distributions |
41.41% |
12.52% |
10.07% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
27.30% |
12.12% |
9.79% |
|
Russell
1000 Growth Index (reflects
no deductions for fees, expenses or taxes) |
42.68% |
19.50% |
14.86% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
Dan
C. Chung, CFA
Chief
Executive Officer, Chief Investment Officer and Portfolio
Manager
Since
February 2021 |
Patrick
Kelly, CFA
Executive
Vice President, Head of Alger Capital Appreciation and Spectra Strategies
and
Portfolio
Manager
Since
September 2004 | |
Ankur
Crawford, Ph.D.
Executive
Vice President and Portfolio Manager
From
June 2015 to February 2021; and
From
March 2021 to Present |
|
Class
I |
|
None |
|
Class
I |
Advisory
Fees* |
.71% |
Distribution
and/or Service (12b-1) Fees |
.25% |
Other
Expenses |
.36% |
Total
Annual Fund Operating Expenses |
1.32% |
Fee
Waiver and/or Expense Reimbursement** |
(.04)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
1.28% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
I |
$130 |
$412 |
$717 |
$1,584 |
Best
Quarter: |
Q2
2020 |
29.67% |
Worst
Quarter: |
Q1
2020 |
-19.70% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
I |
|
|
|
5/31/13 |
Return
Before Taxes |
18.04% |
10.25% |
4.26% |
|
Return
After Taxes on Distributions |
18.04% |
9.44% |
3.36% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
10.68% |
8.01% |
3.02% |
|
MSCI
AC WORLD INDEX ex USA (reflects
no deductions for fees, expenses or taxes) |
16.21% |
7.60% |
4.32% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
|
Sub-Adviser |
|
Redwood
Investments, LLC* |
Michael
Mufson, CFA
Co-Founder,
Co-Chief Investment Officer and Managing Partner
Since
February 2024 |
Ezra
Samet, CFA
Portfolio
Manager and Analyst
Since
February 2024 | |
Donald
Smith, CFA
Portfolio
Manager and Analyst
Since
February 2024 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees* |
.71% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.29% |
Total
Annual Fund Operating Expenses |
1.00% |
Fee
Waiver and/or Expense Reimbursement** |
(.12)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.88% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$90 |
$298 |
$533 |
$1,206 |
Best
Quarter: |
Q2
2020 |
29.63% |
Worst
Quarter: |
Q1
2020 |
-19.55% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
Z |
|
|
|
12/29/10 |
Return
Before Taxes |
18.56% |
10.60% |
4.57% |
|
Return
After Taxes on Distributions |
18.49% |
9.75% |
3.59% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
10.99% |
8.27% |
3.22% |
|
MSCI
AC WORLD INDEX ex USA (reflects
no deductions for fees, expenses or taxes) |
16.21% |
7.60% |
4.32% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
|
Sub-Adviser |
|
Redwood
Investments, LLC* |
Michael
Mufson, CFA
Co-Founder,
Co-Chief Investment Officer and Managing Partner
Since
February 2024 |
Ezra
Samet, CFA
Portfolio
Manager and Analyst
Since
February 2024 | |
Donald
Smith, CFA
Portfolio
Manager and Analyst
Since
February 2024 |
|
Class
I |
|
None |
|
Class
I |
Advisory
Fees* |
.65% |
Distribution
and/or Service (12b-1) Fees |
.25% |
Other
Expenses |
.22% |
Total
Annual Fund Operating Expenses |
1.12%** |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
I |
$114 |
$356 |
$617 |
$1,363 |
Best
Quarter: |
Q2
2020 |
36.80% |
Worst
Quarter: |
Q2
2022 |
-28.14% |
|
1
Year |
Since
Inception |
Inception
Date |
Class
I |
|
|
6/14/19 |
Return
Before Taxes |
16.47% |
9.76% |
|
Return
After Taxes on Distributions |
16.47% |
8.69% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
9.75% |
7.44% |
|
Russell
Midcap Growth Index (reflects
no deductions for fees, expenses or taxes) |
25.87% |
10.02% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
April 2019 |
|
Class
Y |
|
None |
|
Class
Y |
Advisory
Fees* |
.65% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.19% |
Total
Annual Fund Operating Expenses |
.84% |
Fee
Waiver and/or Expense Reimbursement** |
(.12)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.72% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Y |
$74 |
$248 |
$446 |
$1,018 |
Best
Quarter: |
Q4
2023 |
14.92% |
Worst
Quarter: |
Q2
2022 |
-28.06% |
|
1
Year |
Since
Inception |
Inception
Date |
Class
Y |
|
|
3/1/21 |
Return
Before Taxes |
17.08% |
-10.10% |
|
Return
After Taxes on Distributions |
17.08% |
-11.34% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
10.11% |
-7.79% |
|
Russell
Midcap Growth Index (reflects
no deductions for fees, expenses or taxes) |
25.87% |
0.90% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
April 2019 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees* |
.65% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.18% |
Total
Annual Fund Operating Expenses |
.83%** |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$85 |
$265 |
$460 |
$1,025 |
Best
Quarter: |
Q2
2020 |
36.83% |
Worst
Quarter: |
Q2
2022 |
-28.04% |
|
1
Year |
Since
Inception |
Inception
Date |
Class
Z |
|
|
6/14/19 |
Return
Before Taxes |
16.89% |
10.08% |
|
Return
After Taxes on Distributions |
16.89% |
9.01% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
10.00% |
7.70% |
|
Russell
Midcap Growth Index (reflects
no deductions for fees, expenses or taxes) |
25.87% |
10.02% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
April 2019 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees* |
.76% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.20% |
Total
Annual Fund Operating Expenses** |
.96% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$98 |
$306 |
$531 |
$1,178 |
Best
Quarter: |
Q2
2020 |
34.33% |
Worst
Quarter: |
Q2
2022 |
-23.63% |
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Class
Z |
|
|
|
5/28/15 |
Return
Before Taxes |
23.37% |
13.00% |
8.60% |
|
Return
After Taxes on Distributions |
23.37% |
9.85% |
6.63% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
13.84% |
9.98% |
6.65% |
|
Russell
Midcap Growth Index (reflects
no deductions for fees, expenses or taxes) |
25.87% |
13.81% |
10.13% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
Dan
C. Chung, CFA
Chief
Executive Officer, Chief Investment Officer and Portfolio
Manager
Since
January 2018 |
Brandon
A. Geisler
Senior
Vice President and Portfolio Manager
Since
August 2022 |
|
Class
I |
|
None |
|
Class
I |
Advisory
Fees* |
.81% |
Distribution
and/or Service (12b-1) Fees |
.25% |
Other
Expenses |
.25% |
Total
Annual Fund Operating Expenses |
1.31% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
I |
$133 |
$415 |
$718 |
$1,579 |
Best
Quarter: |
Q2
2020 |
41.18% |
Worst
Quarter: |
Q2
2022 |
-26.99% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
I |
|
|
|
8/5/07 |
Return
Before Taxes |
11.28% |
9.68% |
8.27% |
|
Return
After Taxes on Distributions |
11.28% |
7.82% |
5.08% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
6.68% |
7.62% |
5.70% |
|
Russell
2500 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.93% |
11.43% |
8.78% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
|
Sub-Adviser |
|
Weatherbie
Capital, LLC* |
H.
George Dai, Ph.D.
Chief
Investment Officer and Senior Portfolio Manager
Since
March 2017 |
Joshua
D. Bennett, CFA
Chief
Operating Officer and Senior Portfolio Manager
Since
March 2017 | |
Edward
Minn, CFA
Senior
Managing Director and Portfolio Manager
Since
July 2020 |
|
Class
Y |
|
None |
|
Class
Y |
Advisory
Fees* |
.81% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.15% |
Total
Annual Fund Operating Expenses |
.96% |
Fee
Waiver and/or Expense Reimbursement** |
(.07)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.89% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Y |
$91 |
$294 |
$519 |
$1,167 |
Best
Quarter: |
Q2
2020 |
41.32% |
Worst
Quarter: |
Q2
2022 |
-26.94% |
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Class
Y |
|
|
|
8/30/17 |
Return
Before Taxes |
11.76% |
10.11% |
9.34% |
|
Return
After Taxes on Distributions |
11.76% |
8.27% |
6.77% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
6.96% |
7.96% |
6.86% |
|
Russell
2500 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.93% |
11.43% |
9.55% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
|
Sub-Adviser |
|
Weatherbie
Capital, LLC* |
H.
George Dai, Ph.D.
Chief
Investment Officer and Senior Portfolio Manager
Since
March 2017 |
Joshua
D. Bennett, CFA
Chief
Operating Officer and Senior Portfolio Manager
Since
March 2017 | |
Edward
Minn, CFA
Senior
Managing Director and Portfolio Manager
Since
July 2020 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees* |
.81% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.15% |
Total
Annual Fund Operating Expenses |
.96% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$98 |
$306 |
$531 |
$1,178 |
Best
Quarter: |
Q2
2020 |
41.35% |
Worst
Quarter: |
Q2
2022 |
-26.88% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
Z |
|
|
|
12/29/10 |
Return
Before Taxes |
11.69% |
10.04% |
8.63% |
|
Return
After Taxes on Distributions |
11.69% |
8.26% |
5.50% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
6.92% |
7.90% |
5.99% |
|
Russell
2500 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.93% |
11.43% |
8.78% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
|
Sub-Adviser |
|
Weatherbie
Capital, LLC* |
H.
George Dai, Ph.D.
Chief
Investment Officer and Senior Portfolio Manager
Since
March 2017 |
Joshua
D. Bennett, CFA
Chief
Operating Officer and Senior Portfolio Manager
Since
March 2017 | |
Edward
Minn, CFA
Senior
Managing Director and Portfolio Manager
Since
July 2020 |
|
Class
Y |
|
None |
|
Class
Y |
Advisory
Fees* |
.81% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.18% |
Total
Annual Fund Operating Expenses |
.99% |
Fee
Waiver and/or Expense Reimbursement** |
(.14)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.85% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Y |
$87 |
$292 |
$524 |
$1,191 |
Best
Quarter: |
Q4
2023 |
12.63% |
Worst
Quarter: |
Q2
2022 |
-24.23% |
|
1
Year |
Since
Inception |
Inception
Date |
Class
Y |
|
|
12/31/21 |
Return
Before Taxes |
17.04% |
-14.36% |
|
Return
After Taxes on Distributions |
16.81% |
-14.44% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
10.09% |
-10.77% |
|
Russell
2000 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.66% |
-6.54% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
Dan
C. Chung, CFA
Chief
Executive Officer, Chief Investment Officer and Portfolio
Manager
Since
January 2016 |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
February 2015 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees* |
.81% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.18% |
Total
Annual Fund Operating Expenses** |
.99% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$101 |
$315 |
$547 |
$1,213 |
Best
Quarter: |
Q2
2020 |
39.60% |
Worst
Quarter: |
Q2
2022 |
-24.40% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
Z |
|
|
|
12/29/10 |
Return
Before Taxes |
16.78% |
8.43% |
7.31% |
|
Return
After Taxes on Distributions |
16.61% |
7.63% |
5.83% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
9.93% |
6.74% |
5.56% |
|
Russell
2000 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.66% |
9.22% |
7.16% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
Dan
C. Chung, CFA
Chief
Executive Officer, Chief Investment Officer and Portfolio
Manager
Since
January 2016 |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
February 2015 |
|
Class
I |
|
None |
|
Class
I |
Advisory
Fees |
.75% |
Distribution
and/or Service (12b-1) Fees |
.25% |
Other
Expenses |
.24% |
Total
Annual Fund Operating Expenses |
1.24% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
I |
$126 |
$393 |
$681 |
$1,500 |
Best
Quarter: |
Q2
2020 |
36.78% |
Worst
Quarter: |
Q2
2022 |
-24.95% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
I |
|
|
|
3/3/08 |
Return
Before Taxes |
9.88% |
2.28% |
6.36% |
|
Return
After Taxes on Distributions |
9.88% |
1.81% |
5.86% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
5.85% |
1.84% |
5.09% |
|
Russell
2000 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.66% |
9.22% |
7.16% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
February 2015 |
|
Class
Y |
|
None |
|
Class
Y |
Advisory
Fees |
.75% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.15% |
Total
Annual Fund Operating Expenses |
.90% |
Fee
Waiver and/or Expense Reimbursement* |
(.04)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.86% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Y |
$88 |
$280 |
$492 |
$1,102 |
Best
Quarter: |
Q2
2020 |
36.88% |
Worst
Quarter: |
Q2
2022 |
-24.92% |
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Class
Y |
|
|
|
2/28/17 |
Return
Before Taxes |
10.35% |
2.62% |
6.95% |
|
Return
After Taxes on Distributions |
10.35% |
2.14% |
6.52% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
6.13% |
2.09% |
5.57% |
|
Russell
2000 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.66% |
9.22% |
7.64% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
February 2015 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees |
.75% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.13% |
Total
Annual Fund Operating Expenses |
.88% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$90 |
$281 |
$488 |
$1,084 |
Best
Quarter: |
Q2
2020 |
36.83% |
Worst
Quarter: |
Q2
2022 |
-24.92% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
Z |
|
|
|
12/29/10 |
Return
Before Taxes |
10.29% |
2.61% |
6.68% |
|
Return
After Taxes on Distributions |
10.29% |
2.13% |
6.17% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
6.09% |
2.08% |
5.35% |
|
Russell
2000 Growth Index (reflects
no deductions for fees, expenses or taxes) |
18.66% |
9.22% |
7.16% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Amy
Y. Zhang, CFA
Executive
Vice President and Portfolio Manager
Since
February 2015 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees |
.55% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.23% |
Total
Annual Fund Operating Expenses |
.78% |
Fee
Waiver and/or Expense Reimbursement* |
(.03)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.75% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$77 |
$244 |
$428 |
$961 |
Best
Quarter: |
Q2
2020 |
24.55% |
Worst
Quarter: |
Q4
2018 |
-18.63% |
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Class
Z |
|
|
|
5/28/15 |
Return
Before Taxes |
-3.90% |
5.76% |
6.15% |
|
Return
After Taxes on Distributions |
-3.90% |
3.54% |
4.00% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
-2.31% |
4.48% |
4.57% |
|
S&P
500 Index (reflects
no deductions for fees, expenses or taxes) |
26.29% |
15.69% |
11.95% |
|
Russell
3000 Health Care TR (USD) (reflects
no deductions for fees, expenses or taxes) |
2.87% |
10.79% |
8.53% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the
Fund |
Fred
Alger Management, LLC |
Dan
C. Chung, CFA
Chief
Executive Officer, Chief Investment Officer and Portfolio
Manager
Since
October 2005 |
Sanjiv
Talwar, M.D., Ph.D.
Senior
Vice President, Head of Healthcare, Portfolio Manager and Senior
Analyst
Since
July 2021 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees |
.50% |
Distribution
and/or Service (12b-1) Fees |
None |
Other
Expenses |
.15% |
Total
Annual Fund Operating Expenses |
.65% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$66 |
$208 |
$362 |
$810 |
Best
Quarter: |
Q2
2020 |
19.68% |
Worst
Quarter: |
Q1
2020 |
-19.71% |
|
1
Year |
5
Years |
10
Years |
Inception
Date |
Class
Z |
|
|
|
3/1/12 |
Return
Before Taxes |
23.38% |
15.84% |
11.77% |
|
Return
After Taxes on Distributions |
22.54% |
14.63% |
10.42% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
13.80% |
12.29% |
9.10% |
|
S&P
500 Index (reflects
no deductions for fees, expenses or taxes) |
26.29% |
15.69% |
12.03% |
|
Investment
Manager |
Portfolio
Manager Primarily Responsible for Day-to-Day Management of the
Fund |
Fred
Alger Management, LLC |
Gregory
S. Adams, CFA
Senior
Vice President, Director of Quantitative & Risk Management and
Portfolio Manager
Since
April 2012 |
|
Class
Z |
|
None |
|
Class
Z |
Advisory
Fees |
.45% |
Other
Expenses |
.52% |
Total
Annual Fund Operating Expenses |
.97% |
Fee
Waiver and/or Expense Reimbursement* |
(.42)% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
.55% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
Z |
$56 |
$176 |
$307 |
$689 |
Best
Quarter: |
Q2
2020 |
32.75% |
Worst
Quarter: |
Q2
2022 |
-21.96% |
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Class
Z |
|
|
|
3/29/18 |
Return
Before Taxes |
31.41% |
15.05% |
12.03% |
|
Return
After Taxes on Distributions |
31.41% |
12.20% |
9.53% |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
18.59% |
11.85% |
9.38% |
|
S&P
500 Index (reflects
no deductions for fees, expenses or taxes) |
26.29% |
15.69% |
12.76% |
|
Investment
Manager |
Portfolio
Managers Jointly and Primarily Responsible for Day-to-Day Management of
the Fund |
Fred
Alger Management, LLC |
Dan
C. Chung, CFA
Chief
Executive Officer, Chief Investment Officer and Portfolio
Manager
Since
March 2018 |
George
Ortega
Senior
Vice President, Senior Analyst and Portfolio Manager
Since
January 2024 |
Fund |
Annual
Fee as a Percentage of Average Daily Net Assets |
Actual
Rate |
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 |
.81% |
Alger
International Focus Fund |
.71%
for assets up to $1 billion;
.60%
for assets in excess of $1 billion |
.71% |
Alger
Mid Cap Focus Fund |
.70%
for assets up to $250 million;
.50%
for assets in excess of $250 million |
.65% |
Alger
Mid Cap Growth Fund |
.76%
for assets up to $1 billion;
.70%
for assets in excess of $1 billion |
.76% |
Alger
Weatherbie Specialized Growth Fund |
.81%
for assets up to $1 billion;
.75%
for assets in excess of $1 billion |
.81% |
Alger
Small Cap Growth Fund |
.81%
for assets up to $1 billion;
.75%
for assets in excess of $1 billion |
.81% |
Alger
Small Cap Focus Fund |
.75% |
.75% |
Alger
Health Sciences Fund |
.55% |
.55% |
Alger
Growth & Income Fund |
.50% |
.50% |
Alger
35 Fund |
.45% |
.45% |
Fund |
Portfolio
Managers |
Since |
Alger
Capital Appreciation Fund |
Dan
C. Chung, CFA
Patrick
Kelly, CFA
Ankur
Crawford, Ph.D. |
February
2021
September
2004
June
2015 to February 2021; and March 2021 to Present |
Alger
International Focus Fund |
Michael
Mufson, CFA
Ezra
Samet, CFA
Donald
Smith, CFA |
February
2024
February
2024
February
2024 |
Alger
Mid Cap Focus Fund |
Amy
Y. Zhang, CFA |
April
2019 |
Alger
Mid Cap Growth Fund |
Dan
C. Chung, CFA
Brandon
A. Geisler |
January
2018
August
2022 |
Alger
Weatherbie Specialized Growth Fund |
H.
George Dai, Ph.D.
Joshua
D. Bennett, CFA
Edward
Minn, CFA |
March
2017
March
2017
July
2020 |
Alger
Small Cap Growth Fund |
Dan
C. Chung, CFA
Amy
Y. Zhang, CFA |
January
2016
February
2015 |
Alger
Small Cap Focus Fund |
Amy
Y. Zhang, CFA |
February
2015 |
Alger
Health Sciences Fund |
Dan
C. Chung, CFA
Sanjiv
Talwar, M.D., Ph.D. |
October
2005
July
2021 |
Alger
Growth & Income Fund |
Gregory
S. Adams, CFA |
April
2012 |
Alger
35 Fund |
Dan
C. Chung, CFA
George
Ortega |
March
2018
January
2024 |
|
Class
I |
Class
Y |
Class
Z |
Availability |
Generally
available only to
institutional
investors.
Also
available on brokerage
platforms
of firms that have
agreements
with the Distributor to
offer
such shares solely when
acting
as an agent for the
investor. |
Generally
available only to
institutional
investors.
Available
for purchase through
financial
intermediaries. |
Generally
available only to
institutional
investors.
Available
for purchase through
financial
intermediaries or directly
from
the Fund via:
-
Mail:
Alger Family of Funds,
c/o
UMB Fund Services, Inc.,
P.O.
Box 2175, Milwaukee, WI
53201-2175
-
Online:
www.alger.com
-
Telephone:
1 (800) 992-3863 |
Minimum
Investment |
None |
$500,000 |
$500,000 |
Maximum
Investment |
None |
None |
None |
Initial
Sales Charge? |
No.
Entire purchase price is
invested
in shares of the Fund. |
No.
Entire purchase price is
invested
in shares of the Fund. |
No.
Entire purchase price is
invested
in shares of the Fund. |
Deferred
Sales Charge? |
No. |
No. |
No. |
Distribution
and/or Service
(12b-1)
Fees? |
0.25% |
None |
None |
Shareholder
Servicing Fee? |
None |
None |
None |
Redemption
Fees? |
No. |
No. |
No. |
Conversion
to Class A
Shares? |
No. |
No. |
No. |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.86% |
0.93% |
0.93% |
0.93% |
0.93% |
0.93% |
0.93% |
0.93% |
0.93% |
0.93% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.14% |
8.43% |
12.84% |
17.43% |
22.21% |
27.19% |
32.36% |
37.75% |
43.36% |
49.19% |
End
Investment Balance |
$10,414 |
$10,843 |
$11,284 |
$11,743 |
$12,221 |
$12,719 |
$13,236 |
$13,775 |
$14,336 |
$14,919 |
Annual
Expense |
$88 |
$94 |
$103 |
$107 |
$111 |
$116 |
$121 |
$126 |
$131 |
$136 |
Class
I |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
1.28% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
3.72% |
7.56% |
11.52% |
15.63% |
19.88% |
24.29% |
28.87% |
33.61% |
38.53% |
43.62% |
End
Investment Balance |
$10,372 |
$10,756 |
$11,152 |
$11,563 |
$11,988 |
$12,429 |
$12,887 |
$13,361 |
$13,853 |
$14,362 |
Annual
Expense |
$130 |
$137 |
$145 |
$150 |
$155 |
$161 |
$167 |
$173 |
$180 |
$186 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.88% |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
1.00% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.12% |
8.37% |
12.70% |
17.21% |
21.90% |
26.78% |
31.85% |
37.12% |
42.61% |
48.31% |
End
Investment Balance |
$10,412 |
$10,837 |
$11,270 |
$11,721 |
$12,190 |
$12,678 |
$13,185 |
$13,712 |
$14,261 |
$14,831 |
Annual
Expense |
$90 |
$98 |
$111 |
$115 |
$120 |
$124 |
$129 |
$134 |
$140 |
$145 |
Class
I |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
3.88% |
7.91% |
12.10% |
16.45% |
20.96% |
25.66% |
30.53% |
35.60% |
40.86% |
46.33% |
End
Investment Balance |
$10,388 |
$10,791 |
$11,210 |
$11,645 |
$12,096 |
$12,566 |
$13,053 |
$13,560 |
$14,086 |
$14,633 |
Annual
Expense |
$114 |
$119 |
$123 |
$128 |
$133 |
$138 |
$143 |
$149 |
$155 |
$161 |
Class
Y |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.72% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.28% |
8.70% |
13.22% |
17.93% |
22.84% |
27.95% |
33.27% |
38.82% |
44.59% |
50.61% |
End
Investment Balance |
$10,428 |
$10,870 |
$11,322 |
$11,793 |
$12,284 |
$12,795 |
$13,327 |
$13,882 |
$14,459 |
$15,061 |
Annual
Expense |
$74 |
$81 |
$93 |
$97 |
$101 |
$105 |
$110 |
$114 |
$119 |
$124 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.83% |
0.83% |
0.83% |
0.83% |
0.83% |
0.83% |
0.83% |
0.83% |
0.83% |
0.83% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.17% |
8.51% |
13.04% |
17.75% |
22.66% |
27.78% |
33.11% |
38.66% |
44.44% |
50.46% |
End
Investment Balance |
$10,417 |
$10,851 |
$11,304 |
$11,775 |
$12,266 |
$12,778 |
$13,311 |
$13,866 |
$14,444 |
$15,046 |
Annual
Expense |
$85 |
$88 |
$92 |
$96 |
$100 |
$104 |
$108 |
$113 |
$117 |
$122 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.04% |
8.24% |
12.62% |
17.17% |
21.90% |
26.82% |
31.95% |
37.28% |
42.82% |
48.59% |
End
Investment Balance |
$10,404 |
$10,824 |
$11,262 |
$11,717 |
$12,190 |
$12,682 |
$13,195 |
$13,728 |
$14,282 |
$14,859 |
Annual
Expense |
$98 |
$102 |
$106 |
$110 |
$115 |
$119 |
$124 |
$129 |
$134 |
$140 |
Class
I |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
1.31% |
1.31% |
1.31% |
1.31% |
1.31% |
1.31% |
1.31% |
1.31% |
1.31% |
1.31% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
3.69% |
7.52% |
11.48% |
15.60% |
19.86% |
24.29% |
28.87% |
33.63% |
38.56% |
43.67% |
End
Investment Balance |
$10,369 |
$10,752 |
$11,148 |
$11,560 |
$11,986 |
$12,429 |
$12,887 |
$13,363 |
$13,856 |
$14,367 |
Annual
Expense |
$133 |
$138 |
$143 |
$149 |
$154 |
$160 |
$166 |
$172 |
$178 |
$185 |
Class
Y |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.89% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.11% |
8.36% |
12.74% |
17.30% |
22.04% |
26.97% |
32.10% |
37.43% |
42.98% |
48.76% |
End
Investment Balance |
$10,411 |
$10,836 |
$11,274 |
$11,730 |
$12,204 |
$12,697 |
$13,210 |
$13,743 |
$14,298 |
$14,876 |
Annual
Expense |
$91 |
$97 |
$106 |
$110 |
$115 |
$120 |
$124 |
$129 |
$135 |
$140 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
0.96% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.04% |
8.24% |
12.62% |
17.17% |
21.90% |
26.82% |
31.95% |
37.28% |
42.82% |
48.59% |
End
Investment Balance |
$10,404 |
$10,824 |
$11,262 |
$11,717 |
$12,190 |
$12,682 |
$13,195 |
$13,728 |
$14,282 |
$14,859 |
Annual
Expense |
$98 |
$102 |
$106 |
$110 |
$115 |
$119 |
$124 |
$129 |
$134 |
$140 |
Class
Y |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.85% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.15% |
8.42% |
12.77% |
17.29% |
22.00% |
26.89% |
31.98% |
37.27% |
42.77% |
48.50% |
End
Investment Balance |
$10,415 |
$10,842 |
$11,277 |
$11,729 |
$12,200 |
$12,689 |
$13,198 |
$13,727 |
$14,277 |
$14,850 |
Annual
Expense |
$87 |
$95 |
$109 |
$114 |
$118 |
$123 |
$128 |
$133 |
$139 |
$144 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.01% |
8.18% |
12.52% |
17.03% |
21.72% |
26.60% |
31.68% |
36.96% |
42.45% |
48.17% |
End
Investment Balance |
$10,401 |
$10,818 |
$11,252 |
$11,703 |
$12,172 |
$12,660 |
$13,168 |
$13,696 |
$14,245 |
$14,817 |
Annual
Expense |
$101 |
$105 |
$109 |
$114 |
$118 |
$123 |
$128 |
$133 |
$138 |
$144 |
Class
I |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
1.24% |
1.24% |
1.24% |
1.24% |
1.24% |
1.24% |
1.24% |
1.24% |
1.24% |
1.24% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
3.76% |
7.66% |
11.71% |
15.91% |
20.27% |
24.79% |
29.48% |
34.35% |
39.40% |
44.64% |
End
Investment Balance |
$10,376 |
$10,766 |
$11,171 |
$11,591 |
$12,027 |
$12,479 |
$12,948 |
$13,435 |
$13,940 |
$14,464 |
Annual
Expense |
$126 |
$131 |
$136 |
$141 |
$146 |
$152 |
$158 |
$164 |
$170 |
$176 |
Class
Y |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.86% |
0.90% |
0.90% |
0.90% |
0.90% |
0.90% |
0.90% |
0.90% |
0.90% |
0.90% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.14% |
8.44% |
12.88% |
17.51% |
22.33% |
27.35% |
32.57% |
38.00% |
43.66% |
49.55% |
End
Investment Balance |
$10,414 |
$10,844 |
$11,288 |
$11,751 |
$12,233 |
$12,735 |
$13,257 |
$13,800 |
$14,366 |
$14,955 |
Annual
Expense |
$88 |
$93 |
$100 |
$104 |
$108 |
$112 |
$117 |
$122 |
$127 |
$132 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.88% |
0.88% |
0.88% |
0.88% |
0.88% |
0.88% |
0.88% |
0.88% |
0.88% |
0.88% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.12% |
8.41% |
12.88% |
17.53% |
22.37% |
27.41% |
32.66% |
38.13% |
43.82% |
49.74% |
End
Investment Balance |
$10,412 |
$10,841 |
$11,288 |
$11,753 |
$12,237 |
$12,741 |
$13,266 |
$13,813 |
$14,382 |
$14,974 |
Annual
Expense |
$90 |
$94 |
$97 |
$101 |
$106 |
$110 |
$114 |
$119 |
$124 |
$129 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.75% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.25% |
8.67% |
13.26% |
18.04% |
23.02% |
28.21% |
33.62% |
39.26% |
45.13% |
51.26% |
End
Investment Balance |
$10,425 |
$10,867 |
$11,326 |
$11,804 |
$12,302 |
$12,821 |
$13,362 |
$13,926 |
$14,513 |
$15,126 |
Annual
Expense |
$77 |
$81 |
$87 |
$90 |
$94 |
$98 |
$102 |
$106 |
$111 |
$116 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.35% |
8.89% |
13.63% |
18.57% |
23.73% |
29.11% |
34.72% |
40.59% |
46.70% |
53.08% |
End
Investment Balance |
$10,435 |
$10,889 |
$11,363 |
$11,857 |
$12,373 |
$12,911 |
$13,472 |
$14,059 |
$14,670 |
$15,308 |
Annual
Expense |
$66 |
$69 |
$72 |
$75 |
$79 |
$82 |
$86 |
$89 |
$93 |
$97 |
Class
Z |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Expense
Ratio |
0.55% |
0.55% |
0.55% |
0.55% |
0.55% |
0.55% |
0.55% |
0.55% |
0.55% |
0.55% |
Cumulative
Gross Return |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative
Net Return |
4.45% |
9.10% |
13.95% |
19.02% |
24.32% |
29.85% |
35.63% |
41.67% |
47.97% |
54.56% |
End
Investment Balance |
$10,445 |
$10,910 |
$11,395 |
$11,902 |
$12,432 |
$12,985 |
$13,563 |
$14,167 |
$14,797 |
$15,456 |
Annual
Expense |
$56 |
$59 |
$61 |
$64 |
$67 |
$70 |
$73 |
$76 |
$80 |
$83 |
Alger
Capital Appreciation Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$22.16 |
$41.50 |
$35.15 |
$28.06 |
$26.94 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (loss) (i) |
(0.05) |
(0.04) |
(0.13) |
(0.03) |
0.02 |
Net
realized and unrealized gain (loss) on investments |
3.75 |
(11.89) |
11.63 |
9.32 |
3.64 |
Total
from investment operations |
3.70 |
(11.93) |
11.50 |
9.29 |
3.66 |
Distributions
from net realized gains |
(0.84) |
(7.41) |
(5.15) |
(2.20) |
(2.54) |
Net
asset value, end of period |
$25.02 |
$22.16 |
$41.50 |
$35.15 |
$28.06 |
Total
return (ii) |
17.44% |
(34.67)% |
35.85% |
35.26% |
15.69% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$778,215 |
$949,473 |
$1,687,179 |
$1,823,041 |
$1,409,374 |
Ratio
of gross expenses to average net assets |
0.93% |
0.86% |
0.83% |
0.84% |
0.87% |
Ratio
of expense reimbursements to average net assets |
(0.07)% |
(0.01)% |
— |
— |
— |
Ratio
of net expenses to average net assets |
0.86% |
0.85% |
0.83% |
0.84% |
0.87% |
Ratio
of net investment income (loss) to average net
assets |
(0.21)% |
(0.14)% |
(0.34)% |
(0.09)% |
0.06% |
Portfolio
turnover rate(iii) |
85.55% |
108.26% |
78.77% |
89.91% |
77.04% |
Alger
International Focus Fund Class I |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$15.28 |
$25.20 |
$18.72 |
$15.54 |
$14.31 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (loss) (i) |
(0.02) |
(0.08) |
(0.10) |
(0.02) |
0.01 |
Net
realized and unrealized gain (loss) on investments |
0.57 |
(7.87) |
6.58 |
3.93 |
1.67 |
Total
from investment operations |
0.55 |
(7.95) |
6.48 |
3.91 |
1.68 |
Dividends
from net investment income |
— |
— |
— |
(0.73) |
(0.45) |
Distributions
from net realized gains |
— |
(1.97) |
— |
— |
— |
Net
asset value, end of period |
$15.83 |
$15.28 |
$25.20 |
$18.72 |
$15.54 |
Total
return (ii) |
3.60% |
(34.28)% |
34.94%(iii) |
25.98% |
12.41% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$1,104 |
$1,061 |
$591 |
$642 |
$970 |
Ratio
of gross expenses to average net assets |
1.32% |
1.30% |
1.24% |
1.34% |
1.48% |
Ratio
of expense reimbursements to average net assets |
(0.04)% |
(0.05)% |
(0.05)% |
(0.27)% |
(0.36)% |
Ratio
of net expenses to average net assets |
1.28% |
1.25% |
1.19% |
1.07% |
1.12% |
Ratio
of net investment income (loss) to average net
assets |
(0.12)% |
(0.44)% |
(0.45)% |
(0.10)% |
0.06% |
Portfolio
turnover rate |
52.23% |
49.36% |
75.27% |
105.22% |
151.99% |
Alger
International Focus Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$15.55 |
$25.52 |
$18.90 |
$15.69 |
$14.46 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (loss) (i) |
0.04 |
(0.02) |
(0.03) |
—(ii) |
0.05 |
Net
realized and unrealized gain (loss) on investments |
0.60 |
(7.98) |
6.65 |
3.98 |
1.67 |
Total
from investment operations |
0.64 |
(8.00) |
6.62 |
3.98 |
1.72 |
Dividends
from net investment income |
— |
— |
— |
(0.77) |
(0.49) |
Distributions
from net realized gains |
— |
(1.97) |
— |
— |
— |
Net
asset value, end of period |
$16.19 |
$15.55 |
$25.52 |
$18.90 |
$15.69 |
Total
return (iii) |
4.12% |
(34.03)% |
35.34%(iv) |
26.23% |
12.64% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$34,923 |
$14,528 |
$28,264 |
$12,621 |
$13,462 |
Ratio
of gross expenses to average net assets |
1.00% |
0.95% |
0.92% |
1.02% |
1.10% |
Ratio
of expense reimbursements to average net assets |
(0.12)% |
(0.09)% |
(0.03)% |
(0.13)% |
(0.21)% |
Ratio
of net expenses to average net assets |
0.88% |
0.86% |
0.89% |
0.89% |
0.89% |
Ratio
of net investment income (loss) to average net
assets |
0.21% |
(0.13)% |
(0.13)% |
0.01% |
0.36% |
Portfolio
turnover rate |
52.23% |
49.36% |
75.27% |
105.22% |
151.99% |
Alger
Mid Cap Focus Fund Class I |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
From
6/14/19
(commencement
of
operations)
to
10/31/19(i) |
Net
asset value, beginning of period |
$12.14 |
$23.43 |
$15.10 |
$9.70 |
$10.00 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (ii) |
(0.08) |
(0.10) |
(0.17) |
(0.14) |
(0.04) |
Net
realized and unrealized gain (loss) on investments |
(0.72) |
(9.13) |
8.76 |
5.54 |
(0.26) |
Total
from investment operations |
(0.80) |
(9.23) |
8.59 |
5.40 |
(0.30) |
Distributions
from net realized gains |
— |
(2.06) |
(0.26) |
— |
— |
Net
asset value, end of period |
$11.34 |
$12.14 |
$23.43 |
$15.10 |
$9.70 |
Total
return (iii) |
(6.59)% |
(42.28)% |
57.36% |
55.35% |
(3.00)% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$11,512 |
$62,499 |
$145,539 |
$67,796 |
$2,023 |
Ratio
of gross expenses to average net assets |
1.12% |
1.01% |
0.95% |
1.14% |
1.91% |
Ratio
of expense reimbursements to average net assets |
— |
— |
— |
(0.03)% |
(0.71)% |
Ratio
of net expenses to average net assets |
1.12% |
1.01% |
0.95% |
1.11% |
1.20% |
Ratio
of net investment loss to average net assets |
(0.67)% |
(0.63)% |
(0.85)% |
(1.04)% |
(0.97)% |
Portfolio
turnover rate |
121.07% |
267.86% |
250.31% |
123.43% |
65.50% |
Alger
Mid Cap Focus Fund Class Y |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
From
2/26/21
(commencement
of
operations)
to
10/31/21(i) |
Net
asset value, beginning of period |
$12.26 |
$23.56 |
$20.65 |
Income
from Investment Operations: |
|
|
|
Net
investment loss (ii) |
(0.04) |
(0.06) |
(0.08) |
Net
realized and unrealized gain (loss) on investments |
(0.73) |
(9.18) |
2.99 |
Total
from investment operations |
(0.77) |
(9.24) |
2.91 |
Distributions
from net realized gains |
— |
(2.06) |
— |
Net
asset value, end of period |
$11.49 |
$12.26 |
$23.56 |
Total
return (iii) |
(6.28)% |
(42.07)% |
14.09% |
Ratios/Supplemental
Data: |
|
|
|
Net
assets, end of period (000's omitted) |
$189 |
$443 |
$137 |
Ratio
of gross expenses to average net assets |
0.84% |
0.74% |
0.72% |
Ratio
of expense reimbursements to average net assets |
(0.12)% |
(0.05)% |
(0.02)% |
Ratio
of net expenses to average net assets |
0.72% |
0.69% |
0.70% |
Ratio
of net investment loss to average net assets |
(0.32)% |
(0.44)% |
(0.57)% |
Portfolio
turnover rate |
121.07% |
267.86% |
250.31% |
Alger
Mid Cap Focus Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
From
6/14/19
(commencement
of
operations)
to
10/31/19(i) |
Net
asset value, beginning of period |
$12.26 |
$23.57 |
$15.15 |
$9.71 |
$10.00 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (ii) |
(0.06) |
(0.05) |
(0.12) |
(0.10) |
(0.03) |
Net
realized and unrealized gain (loss) on investments |
(0.71) |
(9.20) |
8.80 |
5.54 |
(0.26) |
Total
from investment operations |
(0.77) |
(9.25) |
8.68 |
5.44 |
(0.29) |
Distributions
from net realized gains |
— |
(2.06) |
(0.26) |
— |
— |
Net
asset value, end of period |
$11.49 |
$12.26 |
$23.57 |
$15.15 |
$9.71 |
Total
return (iii) |
(6.28)% |
(42.10)% |
57.77% |
55.70% |
(2.80)% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$217,843 |
$365,976 |
$795,479 |
$307,532 |
$28,230 |
Ratio
of gross expenses to average net assets |
0.83% |
0.71% |
0.68% |
0.91% |
1.86% |
Ratio
of expense reimbursements to average net assets |
— |
— |
— |
(0.05)% |
(0.87)% |
Ratio
of net expenses to average net assets |
0.83% |
0.71% |
0.68% |
0.86% |
0.99% |
Ratio
of net investment income (loss) to average net
assets |
(0.48)% |
(0.33)% |
(0.58)% |
(0.77)% |
(0.74)% |
Portfolio
turnover rate |
121.07% |
267.86% |
250.31% |
123.43% |
65.50% |
Alger
Mid Cap Growth Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$11.16 |
$25.78 |
$19.63 |
$15.01 |
$14.27 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (loss) (i) |
(0.05) |
(0.05) |
0.63 |
(0.07) |
(0.06) |
Net
realized and unrealized gain (loss) on investments |
0.11 |
(7.92) |
7.67 |
5.89 |
1.51 |
Total
from investment operations |
0.06 |
(7.97) |
8.30 |
5.82 |
1.45 |
Dividends
from net investment income |
— |
(0.52) |
— |
— |
— |
Distributions
from net realized gains |
— |
(6.13) |
(2.15) |
(1.20) |
(0.71) |
Net
asset value, end of period |
$11.22 |
$11.16 |
$25.78 |
$19.63 |
$15.01 |
Total
return (ii) |
0.54% |
(38.95)% |
44.55%(iii) |
41.75% |
11.27% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$42,274 |
$30,488 |
$52,746 |
$26,804 |
$17,558 |
Ratio
of gross expenses to average net assets |
0.96% |
0.93% |
0.92% |
0.99% |
1.03% |
Ratio
of net expenses to average net assets |
0.96% |
0.93% |
0.92% |
0.99% |
1.03% |
Ratio
of net investment income (loss) to average net
assets |
(0.41)% |
(0.37)% |
2.75% |
(0.46)% |
(0.38)% |
Portfolio
turnover rate |
78.35% |
204.79% |
170.96% |
181.73% |
182.97% |
Alger
Weatherbie Specialized Growth Fund Class I |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$11.99 |
$25.67 |
$17.94 |
$13.64 |
$13.38 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.10) |
(0.14) |
(0.23) |
(0.16) |
(0.14) |
Net
realized and unrealized gain (loss) on investments |
(1.41) |
(9.20) |
8.93 |
5.02 |
1.43 |
Total
from investment operations |
(1.51) |
(9.34) |
8.70 |
4.86 |
1.29 |
Distributions
from net realized gains |
— |
(4.34) |
(0.97) |
(0.56) |
(1.03) |
Net
asset value, end of period |
$10.48 |
$11.99 |
$25.67 |
$17.94 |
$13.64 |
Total
return (ii) |
(12.59)% |
(42.02)% |
49.81% |
36.69% |
11.61% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$13,179 |
$29,612 |
$77,214 |
$66,294 |
$58,615 |
Ratio
of gross expenses to average net assets |
1.31% |
1.25% |
1.19% |
1.24% |
1.26% |
Ratio
of net expenses to average net assets |
1.31% |
1.25% |
1.19% |
1.24% |
1.26% |
Ratio
of net investment loss to average net assets |
(0.88)% |
(0.95)% |
(1.02)% |
(1.07)% |
(1.03)% |
Portfolio
turnover rate |
40.32% |
55.97% |
61.53% |
66.84% |
64.83% |
Alger
Weatherbie Specialized Growth Fund Class Y |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$12.29 |
$26.12 |
$18.17 |
$13.77 |
$13.44 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.06) |
(0.08) |
(0.16) |
(0.11) |
(0.09) |
Net
realized and unrealized gain (loss) on investments |
(1.44) |
(9.41) |
9.08 |
5.07 |
1.45 |
Total
from investment operations |
(1.50) |
(9.49) |
8.92 |
4.96 |
1.36 |
Distributions
from net realized gains |
— |
(4.34) |
(0.97) |
(0.56) |
(1.03) |
Net
asset value, end of period |
$10.79 |
$12.29 |
$26.12 |
$18.17 |
$13.77 |
Total
return (ii) |
(12.21)% |
(41.81)% |
50.35% |
37.08% |
12.12% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$43,625 |
$47,379 |
$61,163 |
$32,702 |
$12,903 |
Ratio
of gross expenses to average net assets |
0.96% |
0.91% |
0.89% |
0.94% |
0.97% |
Ratio
of expense reimbursements to average net assets |
(0.07)% |
(0.04)% |
(0.02)% |
(0.07)% |
(0.10)% |
Ratio
of net expenses to average net assets |
0.89% |
0.87% |
0.87% |
0.87% |
0.87% |
Ratio
of net investment loss to average net assets |
(0.47)% |
(0.55)% |
(0.70)% |
(0.69)% |
(0.64)% |
Portfolio
turnover rate |
40.32% |
55.97% |
61.53% |
66.84% |
64.83% |
Alger
Weatherbie Specialized Growth Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$12.73 |
$26.87 |
$18.68 |
$14.15 |
$13.80 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.07) |
(0.10) |
(0.17) |
(0.12) |
(0.10) |
Net
realized and unrealized gain (loss) on investments |
(1.49) |
(9.70) |
9.33 |
5.21 |
1.48 |
Total
from investment operations |
(1.56) |
(9.80) |
9.16 |
5.09 |
1.38 |
Distributions
from net realized gains |
— |
(4.34) |
(0.97) |
(0.56) |
(1.03) |
Net
asset value, end of period |
$11.17 |
$12.73 |
$26.87 |
$18.68 |
$14.15 |
Total
return (ii) |
(12.25)% |
(41.82)% |
50.32% |
37.00% |
11.94% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$339,777 |
$535,172 |
$1,277,576 |
$620,005 |
$284,393 |
Ratio
of gross expenses to average net assets |
0.96% |
0.91% |
0.88% |
0.94% |
0.97% |
Ratio
of net expenses to average net assets |
0.96% |
0.91% |
0.88% |
0.94% |
0.97% |
Ratio
of net investment loss to average net assets |
(0.54)% |
(0.61)% |
(0.72)% |
(0.76)% |
(0.73)% |
Portfolio
turnover rate |
40.32% |
55.97% |
61.53% |
66.84% |
64.83% |
Alger
Small Cap Growth Fund Class Y |
Year
ended
10/31/23 |
From
12/31/21
(commencement
of
operations)
to
10/31/22(i) |
Net
asset value, beginning of period |
$9.31 |
$13.84 |
Income
from Investment Operations: |
|
|
Net
investment loss (ii) |
(0.04) |
(0.04) |
Net
realized and unrealized gain (loss) on investments |
(0.91) |
(4.49) |
Total
from investment operations |
(0.95) |
(4.53) |
Net
asset value, end of period |
$8.36 |
$9.31 |
Total
return (iii) |
(10.20)% |
(32.73)% |
Ratios/Supplemental
Data: |
|
|
Net
assets, end of period (000's omitted) |
$7,258 |
$8,050 |
Ratio
of gross expenses to average net assets |
0.99% |
0.96% |
Ratio
of expense reimbursements to average net assets |
(0.14)% |
(0.12)% |
Ratio
of net expenses to average net assets |
0.85% |
0.84% |
Ratio
of net investment loss to average net assets |
(0.47)% |
(0.44)% |
Portfolio
turnover rate |
30.15% |
15.44% |
Alger
Small Cap Growth Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$9.29 |
$16.92 |
$13.10 |
$9.66 |
$9.80 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.05) |
(0.08) |
(0.02) |
(0.10) |
(0.07) |
Net
realized and unrealized gain (loss) on investments |
(0.90) |
(6.21) |
3.91 |
4.08 |
0.87 |
Total
from investment operations |
(0.95) |
(6.29) |
3.89 |
3.98 |
0.80 |
Distributions
from net realized gains |
— |
(1.34) |
(0.07) |
(0.54) |
(0.94) |
Net
asset value, end of period |
$8.34 |
$9.29 |
$16.92 |
$13.10 |
$9.66 |
Total
return (ii) |
(10.23)% |
(39.66)% |
29.66%(iii) |
43.38% |
10.33% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$138,502 |
$214,819 |
$383,748 |
$179,276 |
$21,782 |
Ratio
of gross expenses to average net assets |
0.99% |
0.96% |
0.93% |
1.00% |
1.12% |
Ratio
of expense reimbursements to average net assets |
— |
— |
— |
(0.03)% |
(0.13)% |
Ratio
of net expenses to average net assets |
0.99% |
0.96% |
0.93% |
0.97% |
0.99% |
Ratio
of net investment loss to average net assets |
(0.59)% |
(0.68)% |
(0.12)% |
(0.81)% |
(0.78)% |
Portfolio
turnover rate |
30.15% |
15.44% |
34.85% |
12.67% |
17.09% |
Alger
Small Cap Focus Fund Class I |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$17.44 |
$32.61 |
$26.93 |
$20.44 |
$19.34 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.15) |
(0.18) |
(0.31) |
(0.24) |
(0.19) |
Net
realized and unrealized gain (loss) on investments |
(2.87) |
(13.19) |
5.99 |
7.22 |
1.44 |
Total
from investment operations |
(3.02) |
(13.37) |
5.68 |
6.98 |
1.25 |
Dividends
from net investment income |
— |
— |
— |
(0.19) |
— |
Distributions
from net realized gains |
— |
(1.80) |
— |
(0.30) |
(0.15) |
Net
asset value, end of period |
$14.42 |
$17.44 |
$32.61 |
$26.93 |
$20.44 |
Total
return (ii) |
(17.32)% |
(42.77)% |
21.09% |
34.86% |
6.58% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$52,678 |
$144,513 |
$421,986 |
$360,756 |
$455,937 |
Ratio
of gross expenses to average net assets |
1.24% |
1.18% |
1.14% |
1.15% |
1.18% |
Ratio
of net expenses to average net assets |
1.24% |
1.18% |
1.14% |
1.15% |
1.18% |
Ratio
of net investment loss to average net assets |
(0.91)% |
(0.83)% |
(0.95)% |
(1.04)% |
(0.93)% |
Portfolio
turnover rate |
68.04% |
37.57% |
56.71% |
37.49% |
48.84% |
Alger
Small Cap Focus Fund Class Y |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$17.89 |
$33.29 |
$27.41 |
$20.79 |
$19.60 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.09) |
(0.09) |
(0.21) |
(0.18) |
(0.14) |
Net
realized and unrealized gain (loss) on investments |
(2.95) |
(13.51) |
6.09 |
7.36 |
1.48 |
Total
from investment operations |
(3.04) |
(13.60) |
5.88 |
7.18 |
1.34 |
Dividends
from net investment income |
— |
— |
— |
(0.26) |
— |
Distributions
from net realized gains |
— |
(1.80) |
— |
(0.30) |
(0.15) |
Net
asset value, end of period |
$14.85 |
$17.89 |
$33.29 |
$27.41 |
$20.79 |
Total
return (ii) |
(16.99)% |
(42.58)% |
21.45% |
35.32% |
6.96% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$136,084 |
$257,064 |
$394,801 |
$266,570 |
$94,694 |
Ratio
of gross expenses to average net assets |
0.90% |
0.85% |
0.83% |
0.84% |
0.87% |
Ratio
of expense reimbursements to average net assets |
(0.04)% |
— |
— |
—(iii) |
(0.02)% |
Ratio
of net expenses to average net assets |
0.86% |
0.85% |
0.83% |
0.84% |
0.85% |
Ratio
of net investment loss to average net assets |
(0.55)% |
(0.46)% |
(0.65)% |
(0.74)% |
(0.64)% |
Portfolio
turnover rate |
68.04% |
37.57% |
56.71% |
37.49% |
48.84% |
Alger
Small Cap Focus Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$17.88 |
$33.29 |
$27.41 |
$20.79 |
$19.60 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment loss (i) |
(0.10) |
(0.10) |
(0.21) |
(0.18) |
(0.13) |
Net
realized and unrealized gain (loss) on investments |
(2.94) |
(13.51) |
6.09 |
7.36 |
1.47 |
Total
from investment operations |
(3.04) |
(13.61) |
5.88 |
7.18 |
1.34 |
Dividends
from net investment income |
— |
— |
— |
(0.26) |
— |
Distributions
from net realized gains |
— |
(1.80) |
— |
(0.30) |
(0.15) |
Net
asset value, end of period |
$14.84 |
$17.88 |
$33.29 |
$27.41 |
$20.79 |
Total
return (ii) |
(17.00)% |
(42.61)% |
21.45% |
35.30% |
6.96% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$1,124,448 |
$2,192,139 |
$6,195,714 |
$4,499,832 |
$2,459,793 |
Ratio
of gross expenses to average net assets |
0.88% |
0.84% |
0.83% |
0.85% |
0.86% |
Ratio
of net expenses to average net assets |
0.88% |
0.84% |
0.83% |
0.85% |
0.86% |
Ratio
of net investment loss to average net assets |
(0.58)% |
(0.49)% |
(0.65)% |
(0.74)% |
(0.62)% |
Portfolio
turnover rate |
68.04% |
37.57% |
56.71% |
37.49% |
48.84% |
Alger
Health Sciences Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$21.24 |
$37.09 |
$31.99 |
$26.69 |
$28.09 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (loss) (i) |
(0.04) |
—(ii) |
(0.11) |
—(ii) |
0.01 |
Net
realized and unrealized gain (loss) on investments |
(2.57) |
(8.85) |
8.96 |
7.25 |
0.47 |
Total
from investment operations |
(2.61) |
(8.85) |
8.85 |
7.25 |
0.48 |
Dividends
from net investment income |
— |
— |
— |
(0.04) |
— |
Distributions
from net realized gains |
— |
(7.00) |
(3.75) |
(1.91) |
(1.88) |
Net
asset value, end of period |
$18.63 |
$21.24 |
$37.09 |
$31.99 |
$26.69 |
Total
return (iii) |
(12.29)% |
(27.05)% |
29.53%(iv) |
28.50% |
2.34% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$47,725 |
$78,928 |
$184,972 |
$131,109 |
$77,023 |
Ratio
of gross expenses to average net assets |
0.78% |
0.72% |
0.68% |
0.71% |
0.79% |
Ratio
of expense reimbursements to average net assets |
(0.03)% |
— |
— |
— |
(0.04)% |
Ratio
of net expenses to average net assets |
0.75% |
0.72% |
0.68% |
0.71% |
0.75% |
Ratio
of net investment income (loss) to average net
assets |
(0.19)% |
0.01% |
(0.31)% |
(0.01)% |
0.02% |
Portfolio
turnover rate |
305.60% |
240.89% |
152.78% |
131.29% |
148.78% |
Alger
Growth & Income Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21 |
Year
ended
10/31/20 |
Year
ended
10/31/19 |
Net
asset value, beginning of period |
$52.42 |
$61.84 |
$43.94 |
$43.60 |
$40.81 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (i) |
1.03 |
0.90 |
0.80 |
0.86 |
0.85 |
Net
realized and unrealized gain (loss) on investments |
5.10 |
(7.51) |
18.49 |
1.88 |
4.56 |
Total
from investment operations |
6.13 |
(6.61) |
19.29 |
2.74 |
5.41 |
Dividends
from net investment income |
(0.97) |
(0.74) |
(0.72) |
(0.82) |
(0.77) |
Distributions
from net realized gains |
— |
(2.07) |
(0.67) |
(1.58) |
(1.85) |
Net
asset value, end of period |
$57.58 |
$52.42 |
$61.84 |
$43.94 |
$43.60 |
Total
return (ii) |
11.75% |
(11.25)% |
44.54% |
6.39% |
14.39% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$168,445 |
$115,251 |
$38,021 |
$21,672 |
$26,979 |
Ratio
of gross expenses to average net assets |
0.65% |
0.65% |
0.66% |
0.73% |
0.76% |
Ratio
of expense reimbursements to average net assets |
— |
— |
—(iii) |
(0.04)% |
(0.07)% |
Ratio
of net expenses to average net assets |
0.65% |
0.65% |
0.66% |
0.69% |
0.69% |
Ratio
of net investment income to average net assets |
1.82% |
1.62% |
1.45% |
2.00% |
2.10% |
Portfolio
turnover rate |
4.29% |
1.96% |
8.40% |
9.29% |
7.30% |
Alger
35 Fund Class Z |
Year
ended
10/31/23 |
Year
ended
10/31/22 |
Year
ended
10/31/21(i) |
Year
ended
10/31/20(i) |
Year
ended
10/31/19(i) |
Net
asset value, beginning of period |
$9.55 |
$21.33 |
$17.41 |
$11.61 |
$10.38 |
Income
from Investment Operations: |
|
|
|
|
|
Net
investment income (loss) (ii) |
(0.01) |
—(iii) |
(0.01) |
(0.05) |
0.03 |
Net
realized and unrealized gain (loss) on investments |
0.14 |
(6.68) |
6.95 |
5.87 |
1.31 |
Total
from investment operations |
0.13 |
(6.68) |
6.94 |
5.82 |
1.34 |
Dividends
from net investment income |
—(iii) |
— |
—(iv) |
(0.02) |
(0.04) |
Distributions
from net realized gains |
— |
(5.10) |
(3.02) |
— |
(0.07) |
Net
asset value, end of period |
$9.68 |
$9.55 |
$21.33 |
$17.41 |
$11.61 |
Total
return (v) |
1.38% |
(39.09)% |
44.27% |
50.22% |
13.19% |
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000's omitted) |
$25,640 |
$25,976 |
$44,159 |
$14,128 |
$9,094 |
Ratio
of gross expenses to average net assets |
0.97% |
0.94% |
0.92% |
2.02% |
2.37% |
Ratio
of expense reimbursements to average net assets |
(0.40)% |
(0.39)% |
(0.52)% |
(1.12)% |
(1.97)% |
Ratio
of net expenses to average net assets |
0.57% |
0.55% |
0.40% |
0.90% |
0.40% |
Ratio
of net investment income (loss) to average net
assets |
(0.12)% |
0.01% |
(0.07)% |
0.36% |
0.30% |
Portfolio
turnover rate |
412.77% |
202.40% |
136.61% |
121.74% |
115.25% |
By
Telephone: |
(800)
992-3863 |
By
Mail: |
Alger
Family of Funds
c/o
UMB Fund Services, Inc.
P.O.
Box 2175
Milwaukee,
WI 53212-2175 |
Online |
Text
versions of Fund documents can be downloaded from the following
sources: |
|
•The
Fund: http://www.alger.com |
|
•SEC
(EDGAR data base):
www.sec.gov |