Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Alger Small Cap Focus Fund (AOFIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and (2) the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index. Both indexes are broad-based indexes of small capitalization stocks.


1 month-2.99% 3 years+4.25%
3 months+4.56% 5 years+11.56%
1 year+7.44% Since inception+7.90%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+11.56%+14.42%
Expense ratio1.82%1.33%
Risk 5 year sharpe ratio1.030.95
Net assets$185.8M$876.8M
Average market cap$2.3B$3.0B
Average P/E44.125.9
Portfolio turnover162%162%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAlger
Fund manager & tenureAmy Zhang / 1 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


U.S. stock93.95%
Fixed income0.03%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 16.26%
Healthcare 15.89%
Consumer service 10.44%
Business service 10.05%
Hardware 8.22%
Top 10 Holdings
Portfolio weighting
CMN Cantel Medical Corp5.01%
TYL Tyler Technologies Inc3.75%
CGNX Cognex Corp3.71%
MDSO Medidata Solutions Inc3.69%
BLKB Blackbaud Inc3.67%
MANH Manhattan Associates Inc3.43%
BCPC Balchem Corp3.42%
TECH Bio-Techne Corp3.16%
NEOG Neogen Corp3.10%
VEEV Veeva Systems Inc3.02%