Alger Mid Cap Growth Fund underperforms Russell Midcap Growth Index in Q1 2026.

In the first quarter of 2026, the Alger Mid Cap Growth Fund's Class A shares underperformed the Russell Midcap Growth Index. Top contributors to the fund's performance included FTAI Aviation Ltd., Vertiv Holdings Co., and Comfort Systems USA, Inc., while Repligen Corporation, AppLovin Corp., and Carvana Co. were key detractors. Alger Management, a $27.4 billion growth equity manager, continues to navigate market changes by focusing on innovation and active growth investing. This performance highlights the challenges and opportunities in mid-cap growth investing for the quarter.