- What does ALZFX invest in?
- The advisor intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally differ from this number for a variety of reasons. The fund may engage in active trading of portfolio securities. The fund is non-diversified.
- What is the expense ratio of ALZFX?
- Alger Focus Equity Z (ALZFX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is ALZFX?
- Alger Focus Equity Z (ALZFX) manages $611.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is ALZFX actively managed or an index fund?
- ALZFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was ALZFX launched?
- Alger Focus Equity Z (ALZFX) launched in December 2012 and is managed by the fund issuer.
- How has ALZFX performed?
- ALZFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
