Alger Focus Equity Fund Class Z (ALZFX)

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The chart shows the growth of an initial investment of $10,000 in Alger Focus Equity Fund Class Z, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Alger Focus Equity Fund Class Z (ALZFX) has returned -13.58% so far this year and 36.44% over the past 12 months. Looking at the last ten years, ALZFX has achieved an annualized return of 18.62%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 2, 2013, ALZFX's average daily return is +0.07%, while the average monthly return is +1.50%. At this rate, your investment would double in approximately 3.9 years.

Historically, 62% of months were positive and 38% were negative. The best month was May 2025 with a return of +15.9%, while the worst month was Apr 2022 at -13.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ALZFX closed higher 55% of trading days. The best single day was Dec 15, 2021 with a return of +14.1%, while the worst single day was Mar 16, 2020 at -12.6%.

Alger Focus Equity Fund Class Z has an annualized alpha of 4.31%, beta of 1.16, and R² of 0.80 versus S&P 500 Index. Calculated based on daily prices since January 03, 2013.

• This fund captured 124.18% of S&P 500 Index gains but only 98.30% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 4.31% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

ALZFX has an expense ratio of 0.63%, placing it in the medium range.

ALZFX ranks 72 for risk / return — better than 72% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Alger Focus Equity Fund Class Z (ALZFX) and compare them to a chosen benchmark (S&P 500 Index).

Alger Focus Equity Fund Class Z provided a 8.72% dividend yield over the last twelve months, with an annual payout of $8.09 per share.

The table displays the monthly dividend distributions for Alger Focus Equity Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Alger Focus Equity Fund Class Z. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Alger Focus Equity Fund Class Z was 43.22%, occurring on Jan 5, 2023. Recovery took 340 trading sessions.

The current Alger Focus Equity Fund Class Z drawdown is 17.45%.

The chart below shows the rolling one-month volatility.