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Alger Focus Equity Fund beats Russell 1000 Growth Index in Q1 2026, led by Western Digital and TSMC gains.

Market News
22 Apr 2026
Seeking Alpha
View Source
Neutral
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In the first quarter of 2026, the Alger Focus Equity Fund's Class A shares outperformed the Russell 1000 Growth Index. Key contributors to this strong performance included Western Digital Corporation, Taiwan Semiconductor Manufacturing Co., and Nebius Group. However, some stocks like Microsoft Corporation, AppLovin Corp., and NVIDIA Corporation detracted from the fund's gains. This performance highlights Alger's active growth equity strategy and its ability to navigate market changes and innovation trends.

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