Alger Focus Equity Fund
ALZFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Pearl Street New York NY United States of America 10004
- IPO Date
- Dec 31, 2012
- CIK
- 0000911415
- Website
- alger.com
- Similar Companies
- Business
- Alger Focus Equity Fund (ALZFX) is an actively managed open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of U.S. companies with market capitalizations generally above $1 billion. The fund employs a growth-oriented strategy focused on high-quality companies demonstrating strong fundamentals, competitive advantages, and potential for sustained earnings growth; it emphasizes sectors such as technology, healthcare, consumer discretionary, and industrials, with a portfolio typically comprising 40 to 70 holdings selected through bottom-up fundamental analysis. Alger Focus Equity Fund offers institutional and retail share classes, including Class Z shares (ALZFX), with a focus on tax-efficient strategies and low turnover to minimize costs for long-term investors targeting U.S. large-cap growth opportunities. Fred Alger Management, LLC, the fund's investment adviser founded in 1964 and headquartered in New York, New York, provides asset management services across equity strategies; the firm oversees approximately $30 billion in assets under management as of late 2025, with operations primarily in the United States and serving institutional, high-net-worth, and retail clients through mutual funds, separate accounts, and alternative vehicles. In 2024, Fred Alger Management strengthened its growth equity platform through a strategic partnership with FMR LLC (Fidelity) to enhance distribution and research capabilities, while launching expanded ESG-integrated variants of core funds amid rising demand for sustainable investing. The firm also completed a minor reorganization in early 2025, consolidating certain sub-advisory roles to streamline operations following regulatory updates under SEC guidelines.