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Alger Small Cap Focus Fund’s Q3 2025 Investor Letter

Fred Alger Management, an investment management company, released its “Alger Small Cap Focus Fund” third-quarter 2025 investor letter. U.S. equity markets continued their upward trajectory in the third quarter with the S&P 500 Index rising 8.12%. A combination of improving economic conditions, solid corporate earnings, and growing expectations for monetary easing propelled the robust equity market. Against this backdrop, the class A shares of the fund underperformed the Russell 2000 Growth Index. In addition, you can check the fund’s top 5 holdings to determine its best picks for...