Alger Mid Cap Growth Institutional Fund Class I (ALMRX) Fund Details & Analysis

Fund Information

Fund Category Mid-Cap Growth

Fund Family Alger

Fund Style Large

ISIN US0155702030

CUSIP 015570203

Inception Date 1993-11-08

Domicile United States

Country USA

Fiscal Year End October

NAV Chart

Fund Metrics

Net Assets $57.11 Million

Share Class Net Assets $41.57 Million

Expense Ratio 1.27%

Expense Ratio Date 2026-02-27

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 6.23%

1-Year Return 3.50%

3-Year Return 18.21%

5-Year Return 1.07%

NAV $30.18

Previous Close Price $30.18

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Alger Mid Cap Growth Institutional Fund Class I

The fund invests at least 80% 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 S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 34096.02%

Giant 0.00%

Large 14.65%

Medium 62.63%

Micro 0.00%

Small 18.75%

Value & Growth Metrics

Book-Value Growth % 7.92%

Cash-Flow Growth % 9.29%

Dividend Yield % 0.46%

Historical Earnings % 7.60%

Long-Term Earnings % 17.45%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.13%	0.00%
Cash	1.22%	1.22%	0.00%	1.25%	0.00%
Non US Stock	4.44%	4.44%	0.00%	3.83%	1.86%
Not Classified	0.00%	0.00%	0.00%	0.01%	0.00%
Other	1.34%	1.34%	0.00%	0.90%	0.00%
US Stock	92.99%	92.99%	0.00%	94.26%	98.14%

Top Holdings

Name	Weight	Owned	Change
Constellation Software Inc/Canada	2.87%	-	-
GFL Environmental Inc	2.87%	-	-
Ferguson PLC	None	-	-
Vertiv Holdings Co	2.57%	-	-
Marvell Technology Inc	None	-	-
Old Dominion Freight Line Inc	2.63%	-	-
HEICO Corp	None	-	-
FirstService Corp	None	-	-
Diamondback Energy Inc	None	-	-
Spotify Technology SA	2.59%	-	-
NVR Inc	3.22%	-	-
Blue Owl Capital Inc	3.26%	-	-
AppLovin Corp	2.84%	-	-
Ferguson Enterprises Inc	2.60%	-	-
Guidewire Software Inc	2.60%	-	-
Palantir Technologies Inc	3.05%	-	-
Natera Inc	2.74%	-	-
Descartes Systems Group Inc/The	2.73%	-	-
CBRE Group Inc	3.08%	-	-
Cloudflare Inc	2.41%	-	-
Robinhood Markets Inc	2.85%	-	-
Carvana Co	2.85%	-	-
Talen Energy Corp	2.45%	-	-
FTAI Aviation Ltd	4.10%	-	-
Repligen Corp	2.75%	-	-
Nebius Group NV	2.56%	-	-
RBC Bearings Inc	3.30%	-	-
Howmet Aerospace Inc	2.84%	-	-
TKO Group Holdings Inc	2.58%	-	-
Dreyfus Treasury Obligations Cash Management Fund	2.44%	-	-
VERTIV HOLDINGS COMPANY COM CL A	3.97%	-	-
RBC BEARINGS INC COM	3.90%	-	-
COMFORT SYSTEMS USA INC COM	3.71%	-	-
HOWMET AEROSPACE INC COM	3.46%	-	-
CLOUDFLARE INC CL A COM	3.31%	-	-
GFL ENVIRONMENTAL INC SUB VTG SHS	3.14%	-	-
TKO GROUP HOLDINGS INC CL A	2.72%	-	-
NATERA INC COM	2.63%	-	-
MONOLITHIC POWER SYSTEMS INC COM	2.61%	-	-
QXO INC COM NEW	2.61%	-	-

See the full breakdown of ALMRX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.23%	89.20%	100.00%	0.00%
Bond Sector	Corporate	3.23%	0.52%	0.00%	0.00%
Bond Sector	Derivative	3.23%	0.93%	0.00%	0.00%
Bond Sector	Government	3.23%	6.46%	0.00%	0.00%
Bond Sector	Municipal	3.23%	0.00%	0.00%	0.00%
Bond Sector	Securitized	3.23%	2.89%	0.00%	0.00%
Cyclical	Basic Materials	1.68%	1.93%	0.00%	6.49%
Cyclical	Consumer Cyclical	11.18%	12.65%	0.00%	11.30%
Cyclical	Financial Services	8.59%	8.49%	0.00%	12.08%
Cyclical	Real Estate	2.37%	1.47%	0.00%	3.70%
Defensive	Consumer Defensive	1.81%	1.25%	0.00%	2.08%
Defensive	Healthcare	15.54%	15.59%	0.00%	8.20%
Defensive	Utilities	3.23%	1.24%	0.00%	2.94%
Sensitive	Communication Services	5.64%	3.78%	0.00%	1.96%
Sensitive	Energy	0.00%	3.40%	0.00%	3.40%
Sensitive	Industrials	24.28%	23.18%	0.00%	23.02%
Sensitive	Technology	25.69%	27.01%	0.00%	24.84%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.62%	-	0.52%
Americas	North America	97.63%	98.14%	98.14%
Greater Asia	Asia Developed	0.16%	-	-
Greater Asia	Asia Emerging	0.19%	-	0.51%
Greater Asia	Australasia	0.03%	0.52%	-
Greater Asia	Japan	0.08%	-	-
Greater Europe	Africa/Middle East	0.12%	-	-
Greater Europe	Europe Developed	0.74%	1.35%	0.42%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.42%	-	0.42%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2012-12-18	$0.038	$0.038	USD	2012-12-18	2012-12-17	2012-12-18	Annual
2010-12-21	$0.035	$0.035	USD	-	2010-12-20	2010-12-21	Annual
2000-06-28	$0.302	$0.302	USD	-	2000-06-26	2000-06-27	Other
1999-06-29	$0.763	$0.763	USD	-	1999-06-25	1999-06-28	Other

View the full dividend history for ALMRX.

Alger Mid Cap Growth Institutional Fund Class I NMFQS:ALMRX