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Alger Mid Cap Focus I (AAIYX)

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12.79-0.04 (-0.31%)
At close: 8:00PM EDT

Alger Mid Cap Focus I

Alger Funds II360 Park Avenue SouthNew York NY 10010
Management Information
Alex Goldman,Lead Manager since December 29, 2015
Alex Goldman is Senior Vice President, Senior Analyst covering the industrials sector, and Portfolio Manager of the Alger Mid Cap Focus as well as Alger Mid Cap Growth strategies. He joined Alger in 2011 and has 18 years of investment experience, most recently as a research analyst at CastleRock Management. He has also served in various roles at Morgan Stanley in the Equity Financing Services, Risk Management Group, and Sell-Side Research Department. Alex earned his B.S. from Columbia University School of Engineering and Applied Science and his M.B.A. from Columbia University School of Business.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMid-Cap Growth
Fund FamilyAlger
Net Assets9.45M
YTD Return14.11%
Morningstar Rating
Inception DateSep 23, 2008

Fund Operations

Last Dividend0.00
Last Cap Gain0.00
Holdings Turnover111.74%
Average for CategoryN/A

Fees & Expenses

ExpenseAAIYXCategory Average
Annual Report Expense Ratio (net)1.30%1.24%
Prospectus Net Expense Ratio1.20%N/A
Prospectus Gross Expense Ratio2.59%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales LoadN/A5.34%
Max Deferred Sales LoadN/A1.70%
3 Yr Expense Projection673N/A
5 Yr Expense Projection1,251N/A
10 Yr Expense Projection2,821N/A