What does Alger Focus Equity Fund Class I do?

Alger Focus Equity Fund Class I (ALGRX) 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 ALGRX's market cap?

Alger Focus Equity Fund Class I (ALGRX) has a market capitalization of approximately $586.9 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does ALGRX pay a dividend?

Yes — Alger Focus Equity Fund Class I (ALGRX) pays a dividend irregular, with a trailing-twelve-month yield of 7.02%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

ALGRX

Alger Focus Equity Fund Class I

NASDAQ·Asset Management · Financial Services

$116.00$0.43−0.37%

Market cap$586.86M·Market closed·Jul 23 12:10 PM UTC

Price Chart

$116.00−$0.43 (−0.37%)today

+80.69%CAGR +12.56%

Select date range

FromTo

Nov 8, 1993Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)27.88%

Annual Dividend (FWD)$32.34

Dividend Growth (5Y)—

Dividend Safety—

Payout Ratio314.0%

FCF Payout Ratio—

Most Recent Dividend$8.09

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 Focus Equity Fund Class I

The primary objective of this fund is to achieve substantial growth in capital over the long term. To accomplish this, the fund's advisor typically allocates a significant portion of its assets to a concentrated number of individual companies. Furthermore, the portfolio may specialize its investments within a limited selection of business sectors or industries. While the portfolio generally comprises around 50 individual holdings, this figure is not rigid and can be surpassed periodically due to various strategic considerations. The fund managers also maintain the flexibility to frequently adjust the portfolio's security positions through active trading.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.alger.com/pages/Products.aspx?productCode=2042

Peers

Peers Tab

BUI

BlackRock Utilities, Infrastructure & Power Opportunities Trust

Cap

$733.7M

ANTUX

Non-U.S. Intrinsic Value Fund Investor Class

Cap

$530.1M

EMD

Western Asset Emerging Markets Debt Fund Inc.

Cap

$619.7M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About ALGRX

What does Alger Focus Equity Fund Class I do?: Alger Focus Equity Fund Class I (ALGRX) 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 ALGRX's market cap?: Alger Focus Equity Fund Class I (ALGRX) has a market capitalization of approximately $586.9 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does ALGRX pay a dividend?: Yes — Alger Focus Equity Fund Class I (ALGRX) pays a dividend irregular, with a trailing-twelve-month yield of 7.02%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.