# EDGAR Filing Document

**Accession Number:** 0000003521
**File Stem:** 0001752724-25-160183
**Filing Date:** 2025-6
**Character Count:** 22858
**Document Hash:** e4866b22cbc25da1aaa4678fc4d08b05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-160183.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-160183

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALGER FUNDS
- **CENTRAL INDEX KEY:** 0000003521

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01355
- **FILM NUMBER:** 251080131

**BUSINESS ADDRESS:**
- **STREET 1:** 100 PEARL STREET
- **STREET 2:** 27TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 212-806-8833

**MAIL ADDRESS:**
- **STREET 1:** 100 PEARL STREET
- **STREET 2:** 27TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALGER FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Alger Small Cap Focus Fund (Series ID: S000020958)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000059337 | Alger Small Cap Focus Fund Class A | AOFAX           |
| C000059339 | Alger Small Cap Focus Fund Class C | AOFCX           |
| C000059340 | Alger Small Cap Focus Fund Class I | AOFIX           |
| C000095961 | Alger Small Cap Focus Fund Class Z | AGOZX           |
| C000179520 | Alger Small Cap Focus Fund Class Y | AOFYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ALGER FUNDS

- **b. Investment Company Act file number:** 811-01355

- **c. CIK number of Registrant:** 0000003521

- **d. LEI of Registrant:** 549300GSR7CWA7IW4H72

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Pearl Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10004-6030

  - **Telephone number:** 212-806-8800

**Item A.2. Information about the Series.**

- **a. Name of Series:** ALGER SMALL CAP FOCUS FUND

- **b. EDGAR series identifier (if any):** S000020958

- **c. LEI of Series:** 549300GBZ1DB19PKO880

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $861791310.40

**Total Liabilities:** $1653686.66

**Net Assets:** $860137623.74

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059337 | -7.89%               | -11.37%              | -0.31%               |
| Class ID C000059339 | -7.94%               | -11.44%              | -0.36%               |
| Class ID C000059340 | -7.87%               | -11.41%              | -0.30%               |
| Class ID C000095961 | -7.81%               | -11.40%              | -0.23%               |
| Class ID C000179520 | -7.85%               | -11.40%              | -0.23%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $35870889.55             | $-128457081.07                             |
| Month 2  | $-10278662.11            | $-109576074.87                             |
| Month 3  | $-34569754.11            | $31258083.79                               |

### Schedule of Portfolio Investments

| Name                                              | Title                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Q2 Holdings Inc                                   | Q2 Holdings Inc                                   | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |    303482 | NS      | $24050948.50  | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp                     | Adaptive Biotechnologies Corp                     | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |   1259587 | NS      | $9270560.32   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                        | Natera Inc                                        | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    260556 | NS      | $39325717.08  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Kura Sushi USA Inc                                | Kura Sushi USA Inc                                | CUSIP: 501270102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    200356 | NS      | $11796961.28  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Portillo's Inc                                    | Portillo's Inc                                    | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    974887 | NS      | $10080331.58  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                              | SPX Technologies Inc                              | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |    129589 | NS      | $17384364.35  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc                          | MarketAxess Holdings Inc                          | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     42532 | NS      | $9424665.88   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc                              | Upstart Holdings Inc                              | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |    172760 | NS      | $8257928.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                         | Gates Industrial Corp PLC                         | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |    878172 | NS      | $16615014.24  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                                      | Glaukos Corp                                      | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |    135752 | NS      | $12794626.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group SpA                               | Stevanato Group SpA                               | CUSIP: 000000000<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |    951820 | NS      | $19854965.20  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                        | Insmed Inc                                        | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    212418 | NS      | $15294096.00  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Inc                                        | Vertex Inc                                        | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |    657717 | NS      | $26328411.51  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp                             | Twist Bioscience Corp                             | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    220885 | NS      | $8464313.20   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc                         | Casella Waste Systems Inc                         | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     74775 | NS      | $8782323.75   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                                 | Loar Holdings Inc                                 | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    204723 | NS      | $19362701.34  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                                       | Workiva Inc                                       | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |     75263 | NS      | $5665046.01   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                           | Modine Manufacturing Co                           | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |    120519 | NS      | $9839171.16   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc                         | Construction Partners Inc                         | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |    178104 | NS      | $14629462.56  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovix Corp                                       | Enovix Corp                                       | CUSIP: 293594107<br>LEI: 549300EC7NZGWORHYJ53 | Long             | EC               | CORP              | US        |     84334 | NS      | $565037.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                                       | IDACORP Inc                                       | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     72736 | NS      | $8589394.24   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                                         | nCino Inc                                         | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |    375742 | NS      | $8717214.40   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intapp Inc                                        | Intapp Inc                                        | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253701 | NS      | $13765816.26  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                                  | RBC Bearings Inc                                  | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161610 | NS      | $53100197.70  | 6.17%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPULSE DYNAMICS IRELAND                          | IMPULSE DYNAMICS IRELAND                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        | 534288037 | NS      | $30454418.11  | 3.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Talen Energy Corp                                 | Talen Energy Corp                                 | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79213 | NS      | $17037132.04  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                            | Guidewire Software Inc                            | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    175391 | NS      | $35914815.07  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                     | Repligen Corp                                     | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    181683 | NS      | $25070437.17  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                               | Federal Signal Corp                               | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |    245556 | NS      | $19995625.08  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp                                 | Tutor Perini Corp                                 | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |    857161 | NS      | $18394675.06  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PROS Holdings Inc                                 | PROS Holdings Inc                                 | CUSIP: 74346Y103<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | EC               | CORP              | US        |    566433 | NS      | $9674675.64   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Holdings Ltd                       | Galaxy Digital Holdings Ltd                       | CUSIP: 000000000<br>LEI: 254900ULFH90UKBGDV65 | Long             | EC               | CORP              | US        |    502928 | NS      | $7996650.05   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CareDx Inc                                        | CareDx Inc                                        | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |   1040836 | NS      | $17569311.68  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                                   | Bio-Techne Corp                                   | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |    314454 | NS      | $15832758.90  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                      | Agilysys Inc                                      | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |    184435 | NS      | $13712742.25  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                               | CSW Industrials Inc                               | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     26736 | NS      | $8354465.28   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MoonLake Immunotherapeutics                       | MoonLake Immunotherapeutics                       | CUSIP: 61559X104<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |    380721 | NS      | $16020739.68  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc                               | Guardant Health Inc                               | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    227618 | NS      | $10750398.14  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                                 | Hamilton Lane Inc                                 | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     49865 | NS      | $7703643.85   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                                       | Xometry Inc                                       | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |    507878 | NS      | $13021991.92  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                                       | Certara Inc                                       | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    330661 | NS      | $4582961.46   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions Inc                             | BioLife Solutions Inc                             | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |   1414900 | NS      | $34113239.00  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management Fund | Dreyfus Treasury Obligations Cash Management Fund | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |  61010217 | NS      | $61010216.59  | 7.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Akero Therapeutics Inc                            | Akero Therapeutics Inc                            | CUSIP: 00973Y108<br>LEI: 549300SI3KG74LBE2955 | Long             | EC               | CORP              | US        |    228852 | NS      | $10437939.72  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings                     | Clearwater Analytics Holdings Inc                 | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    809162 | NS      | $18400343.88  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLERO DCR                                        | TOLERO DCR                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11905 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PAR Technology Corp                               | PAR Technology Corp                               | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |     97133 | NS      | $5672567.20   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp                              | GeneDx Holdings Corp                              | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    369032 | NS      | $24669789.20  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                         | Merit Medical Systems Inc                         | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |    115893 | NS      | $10946093.85  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| iRhythm Technologies Inc                          | iRhythm Technologies Inc                          | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |     95692 | NS      | $10228517.88  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort Inc                                      | CryoPort Inc                                      | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |   1835412 | NS      | $10241598.96  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Absci Corp                                        | Absci Corp                                        | CUSIP: 00091E109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2758944 | NS      | $8469958.08   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                                 | FTAI Aviation Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    202683 | NS      | $21709376.13  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-25

**Name of Applicant:** ALGER FUNDS

**Signature:** Sergio Pavone

**Name of Signer:** Sergio Pavone

**Title:** Assistant Treasurer