Alger Midcap Growth Fund Quote
| AGIRX Fund | USD 20.10 0.23 1.16% |
PerformanceSolid
| Odds Of DistressLow
|
Alger Midcap is trading at 20.10 as of the 6th of July 2025; that is 1.16% increase since the beginning of the trading day. The fund's open price was 19.87. Alger Midcap has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 6th of June 2025 and ending today, the 6th of July 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
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Alger (View all Sectors) |
| Update Date | 30th of June 2025 |
Alger Midcap Growth [AGIRX] is traded in USA and was established 6th of July 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 119.52 M in assets under management (AUM) with no minimum investment requirementsAlger Midcap Growth is currently producing year-to-date (YTD) return of 1.79%, while the total return for the last 3 years was 9.9%.
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
| INCY | Incyte | Stock | Health Care | |
| MKTX | MarketAxess Holdings | Stock | Financials | |
| DOCU | DocuSign | Stock | Information Technology | |
| ILMN | Illumina | Stock | Health Care | |
| PAYC | Paycom Soft | Stock | Information Technology | |
| EA | Electronic Arts | Stock | Communication Services | |
| UPST | Upstart Holdings | Stock | Financials | |
| FAST | Fastenal Company | Stock | Industrials |
Alger Midcap Growth Risk Profiles
| Mean Deviation | 1.29 | |||
| Semi Deviation | 1.9 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.84 |
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.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |