Alger Midcap Growth Fund Quote

ALMRX Fund  USD 22.66  0.47  2.12%   

Performance

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Odds Of Distress

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Alger Midcap is trading at 22.66 as of the 19th of March 2025; that is 2.12 percent increase since the beginning of the trading day. The fund's open price was 22.19. 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 19th of December 2024 and ending today, the 19th 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

  0.95AMGAX Alger Midcap GrowthPairCorr
  0.95AMGCX Alger Midcap GrowthPairCorr
  0.95AMGOX Alger Mid CapPairCorr
  0.86AOFYX Alger Small CapPairCorr
  0.86AOFIX Alger Small CapPairCorr
  0.86AOFAX Alger Small 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 19th 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 5.46%.
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

SEDGSolarEdge TechnologiesStockInformation Technology
QDELQuidelStockHealth Care
MARMarriott InternationalStockConsumer Discretionary
RGENRepligenStockHealth Care
TECHBio Techne CorpStockHealth Care
OLEDUniversal DisplayStockInformation Technology
DXCMDexCom IncStockHealth Care
TNDMTandem Diabetes CareStockHealth Care
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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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