Alger Small Cap Focus Fund’s Q1 2026 Investor Letter

Fred Alger Management, an investment management company, released its “Alger Small Cap Focus Fund” first-quarter 2026 investor letter. In the first quarter of 2026, the Class A shares of the Alger Small Cap Fund underperformed the Russell 2000 Growth Index. The Information Technology and Consumer Discretionary sectors contributed to the performance, while Health Care and Energy detracted from the performance. US equities experienced a volatile period in the first quarter of 2026, driven by AI disruption and the U.S.-Iran conflict that began in late February. The Fund identifies opportunities in companies that are adopting and facilitating the technology as it evolves into an agentic phase while navigating AI disruption challenges. In addition, please check the Fund’s top five holdings to know its best picks in 2026.

A copy of Alger Small Cap Focus Fund’s Q1 2026 investor letter can be downloaded here.