Alger Midcap Growth Fund Quote
| ALMZX Fund | USD 30.03 -0.52 -1.70% |
Performance 0High 2 · Soft | NAV Risk Level HighLow 23 · Below Average |
Alger Midcap Growth (ALMZX) currently is priced at $30.03 as of May 10, 2026, representing 1.7% down on the day after opening at $30.55. ALGER MIDCAP currently exhibits 23% estimated likelihood of significant NAV decline over the forecast period. Over the prior 90 trading days, ALGER MIDCAP has produced modest risk-adjusted performance, in line with its soft performance profile. The performance scores are measured across the period from February 9, 2026 to May 10, 2026. Learn more.
Related SymbolsAlger Midcap Growth [ALMZX] is traded in USA. The fund is listed under the Mid-Cap Growth category and is part of the Alger family. The entity is thematically classified as Hybrid Mix Funds. This fund presently has accumulated $119.52 million in assets under management (AUM) with no minimum investment requirements. Alger Midcap Growth is currently producing a year-to-date (YTD) return of 1.08%, while the total return for the last 3 years is 16.4%. ALGER MIDCAP is an operator in the alger segment where revenue is driven by core operating activity and end-market demand. ALMZX has a beta of 1.333. As the market goes up, ALMZX tends to outperform it. However, if the market returns are negative, ALGER MIDCAP tends to underperform.
Instrument Allocation
Mutual Fund Notable Updates
| Legal Name | ALGER MIDCAP GROWTH INSTITUTIONAL FUND ALGER MIDCAP GROWTH INSTITUTIONAL FUND CLASS Z-2 |
| Thematic Idea | Hybrid Mix Funds (View all Themes) |
| Fund Concentration | Alger Funds, Large Funds, Mid-Cap Growth Funds, Hybrid Mix Funds, Mid-Cap Growth, Alger, (View all Sectors) |
ALGER MIDCAP GROWTH INSTITUTIONAL FUND ALGER MIDCAP GROWTH INSTITUTIONAL FUND CLASS Z-2 NAV Analysis
Aligned With Model
Today
This estimate for Alger Midcap Growth is driven by the aggregate performance of its underlying assets across a 3 months time horizon. Pricing gaps often arise from short-term dislocations between fund value and underlying asset movements.
Sector Allocation
Investors typically prefer portfolios diversified across different sectors. Wider sector coverage improves the probability of positive returns, though it may compress ALGER MIDCAP Mutual Fund expected return.
Investment funds like Alger Midcap Growth Mutual Fund offer a low-cost alternative to custom portfolios. Sector fund diversification can be an effective strategy for adjusting sector exposure.
Common Risk Profiles
| Mean Deviation | 1.15 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 |
Alger Midcap Growth Against Markets
| NYA | 0.30 | ||||
| ALMZX | 1.70 |
| Competition | Compare Correlations |
Investor Insights and Alerts
Shareholder alerts for ALGER MIDCAP, a Mid-Cap Growth mutual fund, flag conditions that may warrant re-evaluating your position. A concise alert layer reduces the chance of ignoring material changes to the fund's distribution policy or income stability.
| Latest headline from news.google.com: Is VWALX a Strong Bond Fund Right Now - MSN |
Thematic Classifications
A thematic view of Alger Midcap Growth is valuable because it lets investors test the idea inside a broader opportunity set instead of judging the security in isolation. This creates a better bridge between security selection, portfolio construction, and risk-adjusted return targeting.
 | Hybrid Mix FundsFunds investing in combination of stocks, bonds and money market instruments |
Top Alger Midcap Growth Mutual Fund Constituents
| SEDG | SolarEdge Technologies | Stock | |
| MGNI | Magnite | Stock | |
| FICO | Fair Isaac | Stock | |
| GPN | Global Payments | Stock | |
| UPST | Upstart Holdings | Stock | |
| DXCM | DexCom Inc | Stock | |
| SRPT | Sarepta Therapeutics | Stock | |
| UPWK | Upwork Inc | Stock | |
| ROP | Roper Technologies | Stock | |
| QDEL | Quidel | Stock | |
| NOW | ServiceNow | Stock | |
| TDOC | Teladoc | Stock | |
| CRWD | Crowdstrike Holdings | Stock | |
| CHD | Church Dwight | Stock | |
| HEI | Heico | Stock | |
| BIGC | Bigcommerce Holdings | Stock | |
| WELL | Welltower | Stock | |
| DDOG | Datadog | Stock | |
| W | Wayfair | Stock | |
| DOCU | DocuSign | Stock | |
| VMC | Vulcan Materials | Stock | |
| AMD | Advanced Micro Devices | Stock | |
| ELS | Equity Lifestyle Properties | Stock | |
| MTN | Vail Resorts | Stock | |
| CDNS | Cadence Design Systems | Stock | |
| TECH | Bio Techne Corp | Stock | |
| RGEN | Repligen | Stock | |
| SPT | Sprout Social | Stock |
Predictive Daily Indicators
Monitoring ALGER MIDCAP's daily metrics gives shareholders faster feedback on whether the fund's holdings are trending or reversing. Rate of change and momentum readings help identify when buying or selling pressure across the fund's holdings is accelerating.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 30.03 | |||
| Day Typical Price | 30.03 | |||
| Price Action Indicator | -0.26 | |||
| Period Momentum Indicator | -0.52 |
Forecast Models
NAV projections for Alger Midcap Growth within Mid-Cap Growth rely on smoothing, regression, and moving-average techniques applied to historical prices. With a one-year return of 24.8%, these models describe observed NAV patterns. Current fund positioning must match historical conditions.Mutual Fund Overview, Methodology & Data Sources
The fund overview for ALGER MIDCAP summarizes mandate, holdings profile, and risk characteristics. The fund has exposure to Alger Funds, Large Funds, Mid-Cap Growth Funds. The current allocation is approximately 97.0% equities and 2.0% cash. It is classified under Mid-Cap Growth within the Alger family.
Methodology
Unless otherwise specified, data for Alger Midcap Growth is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Alger Midcap Growth market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: We use public fund disclosures, holdings reports, and market data feeds with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
Alger Midcap Growth may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board