What does Alger Mid Cap Focus Fund Class I do?

Alger Mid Cap Focus Fund Class I (AFOIX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is AFOIX's market cap?

Alger Mid Cap Focus Fund Class I (AFOIX) has a market capitalization of approximately $360.2 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does AFOIX pay a dividend?

Yes — Alger Mid Cap Focus Fund Class I (AFOIX) has a dividend payment history. The most recent payment, frequency, and full history are on the Dividend tab.

AFOIX

Alger Mid Cap Focus Fund Class I

NASDAQ·Asset Management · Financial Services

$22.34$0.01−0.04%

Market cap$360.22M·Jul 23 12:05 PM UTC

Price Chart

$22.34−$0.01 (−0.04%)today

+20.29%CAGR +3.76%

Select date range

FromTo

Jun 17, 2019Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)0.00%

Annual Dividend (FWD)$0.00

Dividend Growth (5Y)—

Dividend Safety—

Payout Ratio—

FCF Payout Ratio—

Most Recent Dividend$2.06

Ex-Dividend DateDec 15

Payment DateDec 15

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

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About Alger Mid Cap Focus Fund Class I

Under typical operating conditions, the fund commits at least 80% of its net assets, including any capital acquired through borrowing for investment purposes, to the equity securities of mid-sized companies. Additionally, under standard market environments, a minimum of 25% of its total assets will be allocated to businesses operating in the Health Care Equipment & Supplies, Health Care Technology, Biotechnology, Life Sciences Tools & Services, and/or Software industries, as categorized by independent sources. The fund holds the discretion to invest 25% or more of its entire asset base into any single one of these specified sectors. This investment product is classified as non-diversified.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.alger.com/Pages/Products.aspx?productCode=5040

Peers

Peers Tab

WOOPX

JPMorgan SMID Cap Equity Fund Class I

Cap

$314.4M

ARTLX

Artisan Value Fund Inv Shs

Cap

$278.7M

QGIAX

Pear Tree Quality Institutional

Cap

$341.6M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About AFOIX

What does Alger Mid Cap Focus Fund Class I do?: Alger Mid Cap Focus Fund Class I (AFOIX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is AFOIX's market cap?: Alger Mid Cap Focus Fund Class I (AFOIX) has a market capitalization of approximately $360.2 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does AFOIX pay a dividend?: Yes — Alger Mid Cap Focus Fund Class I (AFOIX) has a dividend payment history. The most recent payment, frequency, and full history are on the Dividend tab.