Alger Midcap Growth Fund Quote

ALMRX Fund  USD 24.08  0.38  1.60%   

Performance

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Odds Of Distress

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Alger Midcap is trading at 24.08 as of the 2nd of March 2025; that is 1.60 percent increase since the beginning of the trading day. The fund's open price was 23.7. Alger Midcap has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 31st of January 2025 and ending today, the 2nd of March 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the SP MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. More on Alger Midcap Growth

Moving together with ALGER Mutual Fund

  1.0AMGAX Alger Midcap GrowthPairCorr
  1.0AMGCX Alger Midcap GrowthPairCorr
  1.0AMGOX Alger Mid CapPairCorr

ALGER Mutual Fund Highlights

Fund ConcentrationAlger Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Alger (View all Sectors)
Update Date31st of March 2025
Expense Ratio Date6th of April 2023
Fiscal Year EndOctober
Alger Midcap Growth [ALMRX] is traded in USA and was established 2nd of March 2025. Alger Midcap is listed under Alger category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Alger family. This fund presently has accumulated 63.58 M in assets under management (AUM) with no minimum investment requirementsAlger Midcap Growth is currently producing year-to-date (YTD) return of 1.94%, while the total return for the last 3 years was 3.32%.
Check Alger Midcap Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ALGER Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ALGER Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Midcap Growth Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Alger Midcap Growth Mutual Fund Constituents

QDELQuidelStockHealth Care
FICOFair IsaacStockInformation Technology
CTASCintasStockIndustrials
NWLNewell BrandsStockConsumer Discretionary
MTNVail ResortsStockConsumer Discretionary
TDOCTeladocStockHealth Care
ALGNAlign TechnologyStockHealth Care
DDOGDatadogStockInformation Technology
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Alger Midcap Growth Risk Profiles

Alger Midcap Against Markets

Other Information on Investing in ALGER Mutual Fund

Alger Midcap financial ratios help investors to determine whether ALGER Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALGER with respect to the benefits of owning Alger Midcap security.
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