ALGER FOCUS EQUITY FUND
Actively managed U.S. stock fund
As of its 2026 Q2 report, ALGER FOCUS EQUITY FUND held 54 positions with $6.11B in net assets. Its ten largest holdings made up 61.1% of the fund. The ALGRX share class costs 0.95% a year. Over the 12 months to May 2026, ALGRX returned 53.6%, with dividends reinvested. In 2026 Q3 it added 16 new positions and exited 16.
Alger Focus Equity Fund seeks long-term capital appreciation.
The fund invests at least 80% of assets in equity securities of companies the manager believes exhibit Positive Dynamic Change, either through High Unit Volume Growth or Positive Lifecycle Change such as new regulations, product innovation, or management. The fund typically holds approximately 50 stocks and may concentrate a significant portion of assets in a single sector. As a non-diversified fund, the performance of any one position may have a greater impact on overall fund performance. The fund may also hold privately placed securities and foreign equities, and may temporarily hold up to 15% in cash when attractive investments are unavailable or during market volatility.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 13.01% | $794.76M | 4.0M | $199.57 |
AMZNAMAZON.COM INC | 7.50% | $458.27M | 1.7M | $265.06 |
MSFTMICROSOFT CORP | 6.76% | $413.16M | 1.0M | $407.78 |
GOOGALPHABET INC | 6.48% | $396.13M | 1.0M | $381.94 |
5.29% | $323.43M | 744.3K | $434.52 | |
TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 5.07% | $309.87M | 782.4K | $396.06 |
AVGOBROADCOM INC | 4.84% | $295.49M | 707.9K | $417.43 |
4.64% | $283.56M | 463.4K | $611.91 | |
AAPLAPPLE INC | 3.81% | $232.82M | 858.0K | $271.35 |
NEBIUS GROUP NV | 3.74% | $228.73M | 1.7M | $138.23 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 54 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.60% |
| Cash & short-term | 1.06% |
By sector
- Information Technology
- 43.8%
- International
- 15.2%
- Communication Services
- 10.2%
- Other
- 9.3%
- 6 other sectors
- 21.5%
- Information Technology
- 43.8%
- International
- 15.2%
- Communication Services
- 10.2%
- Other
- 9.3%
- Consumer Discretionary
- 7.1%
- Health Care
- 4.0%
- Industrials
- 3.8%
- Financials
- 2.8%
- Utilities
- 2.5%
- Cash
- 1.2%
How it has done
ALGRX share class · total returns with dividends reinvested
Volatility over the last 12 months: 23.71%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.95% | +53.60% | +148.17% | +147.96% | -14.32% | |
| 0.99% | +53.52% | +147.09% | +143.79% | -14.32% | |
| 1.74% | +52.37% | +143.38% | +142.56% | -14.42% | |
| 0.63% | +54.01% | +149.93% | +149.73% | -14.27% | |
| 0.61% | +54.07% | +150.12% | +149.92% | -14.28% |
These classes hold the same portfolio, so the 7.36pp spread over 5 years is the cost difference between them — roughly 1.47pp a year — not a difference in what they own.
Fees & fund details
ALGER FOCUS EQUITY FUND is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.61% – 1.74%· ALGRX 0.95%
- Portfolio turnover
- 134.46% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
16 new· the largest 8
16 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Understand how this fund fits with the rest.
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