What is ALARX's market cap?

Alger Capital Appreciation Institutional Fund Class I (ALARX) has a market capitalization of approximately $6.43 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does ALARX pay a dividend?

Yes — Alger Capital Appreciation Institutional Fund Class I (ALARX) pays a dividend annually, with a trailing-twelve-month yield of 6.35%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

ALARX

Alger Capital Appreciation Institutional Fund Class I

NASDAQ·Asset Management · Financial Services

$59.54$0.92−1.52%

Market cap$6.43B·Market closed·Jul 23 8:00 PM UTC

Price Chart

$59.54−$0.92 (−1.52%)today

+21.96%CAGR +4.06%

Select date range

FromTo

Nov 8, 1993Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)6.35%

Annual Dividend (FWD)$3.78

Dividend Growth (5Y)−11.4%

Dividend Safety—

Payout Ratio275.4%

FCF Payout Ratio—

Most Recent Dividend$3.78

Ex-Dividend DateDec 17

Payment DateDec 17

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 Capital Appreciation Institutional Fund Class I

This fund's primary objective is to generate long-term capital appreciation. It typically achieves this by investing a significant portion of its assets—specifically, at least 85% of its net assets and any funds borrowed for investment purposes—into equity securities. The fund targets companies across the entire market capitalization spectrum that its adviser identifies as exhibiting promising potential for growth.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.alger.com/Pages/Products.aspx?productCode=2046

Peers

Peers Tab

OTCNX

Invesco Discovery Large Cap R

Cap

$6.4B

TGVIX

Thornburg International Equity Fund

Cap

$7.3B

JSVAX

Janus Henderson Contrarian Fund - T Shares

Cap

$5.5B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About ALARX

What does Alger Capital Appreciation Institutional Fund Class I do?: Alger Capital Appreciation Institutional Fund Class I (ALARX) 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 ALARX's market cap?: Alger Capital Appreciation Institutional Fund Class I (ALARX) has a market capitalization of approximately $6.43 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does ALARX pay a dividend?: Yes — Alger Capital Appreciation Institutional Fund Class I (ALARX) pays a dividend annually, with a trailing-twelve-month yield of 6.35%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.