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.

Nasdaq

ALSCX

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.

ALSRX

The investment seeks long-term capital appreciation. Under normal market circumstances, the fund invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes demonstrate promising growth potential. The fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, and health care sectors.

ALVOX

Invests in a focused portfolio of approximately 50 holdings across all capitalizations identified through fundamental research for promising growth potential, aiming for long-term capital appreciation.

ALZFX

Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.

AMCGX

The investment seeks long-term capital appreciation. The advisor focuses on mid-sized companies that the advisor believes demonstrate promising growth potential. Under normal circumstances, it invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.

AMGOX

AOFIX

Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.

ATVPX

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of global companies, which include both U.S. and foreign companies, and invests significantly (at least 40% – unless market conditions are not deemed favorable, in which case the fund would invest at least 30%) in foreign companies. It may invest in companies of any market capitalization, from large, well-established companies to small, emerging growth companies.

CHUSX

The fund invests primarily in the equity securities of companies of any size that the manager believes demonstrate promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, healthcare, and communication services sectors.

SPECX

The fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities.

SPEDX

The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any size with an environmental, social and governance ("ESG") rating of average or above by a third-party ESG rating agency (an “ESG Rating Agency”) that also demonstrate, in the view of the Manager, promising growth potential.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
ALSCX	Alger Small Cap Growth Fund	Small Cap Growth Equities	Nov 11, 1986	1.96%	-6.18%	9.02%	0.00%	32
ALSRX	Alger SmallCap Growth Institutional Fund	Small Cap Growth Equities	Nov 8, 1993	1.24%	-9.06%	7.78%	3.08%	18
ALVOX	Alger Capital Appreciation Portfolio	Large Cap Growth Equities	Jan 25, 1995	0.91%	-9.27%	17.21%	20.70%	61
ALZFX	Alger Focus Equity Fund Class Z	Large Cap Growth Equities	Nov 8, 1993	0.63%	-8.38%	19.32%	8.22%	77
AMCGX	Alger Mid Cap Growth Fund	Mid Cap Growth Equities	May 24, 1993	1.93%	-7.58%	6.49%	0.00%	27
AMGOX	Alger Mid Cap Growth Portfolio Fund	Mid Cap Growth Equities	May 3, 1993	0.92%	-7.51%	11.14%	0.00%	28
AOFIX	Alger Small Cap Focus Fund	Small Cap Growth Equities	Mar 3, 2008	1.14%	-6.65%	8.30%	0.00%	25
ATVPX	Alger 35 Fund	Large Cap Growth Equities	Mar 29, 2018	0.55%	-7.66%	—	23.02%	78
CHUSX	Alger Global Focus Fund	Global Equities	Nov 2, 2003	1.50%	-1.42%	10.17%	9.10%	26
SPECX	Alger Spectra Fund	Large Cap Growth Equities	Jul 28, 1969	1.39%	-10.04%	15.20%	8.30%	49
SPEDX	Alger Dynamic Opportunities Fund	Long-Short	Nov 1, 2009	0.91%	-5.77%	7.67%	0.09%	12
SPEGX	Alger Responsible Investing Fund	Large Cap Growth Equities	Dec 4, 2000	1.27%	-7.18%	13.07%	9.21%	53

Alger Mutual Funds List

Risk vs. Return Scatterplot