EX-99.77C 2 c49138_ex99-77c.txt Exhibit 99.77C ITEM 77C. MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS. Special meetings of the funds' shareholders were held on January 17, 2007 and February 14, 2007. The results of votes taken among shareholders on the proposal before them are reported below. Each vote reported represents one share held on the record date for the meeting. PROPOSAL 1 - TO ELECT SIX TRUSTEES OF THE FUND. HILARY M. ALGER # OF VOTES % OF VOTES ================================================================================ For 162,177,113 97.8% -------------------------------------------------------------------------------- Withheld 3,604,852 2.2% -------------------------------------------------------------------------------- Total 165,781,965 100.0% ================================================================================ CHARLES F. BAIRD, JR. # OF VOTES % OF VOTES ================================================================================ For 162,448,459 98.0% -------------------------------------------------------------------------------- Withheld 3,333,506 2.0% -------------------------------------------------------------------------------- Total 165,781,965 100.0% ================================================================================ ROGER P. CHEEVER # OF VOTES % OF VOTES ================================================================================ For 162,465,162 98.0% -------------------------------------------------------------------------------- Withheld 3,316,803 2.0% -------------------------------------------------------------------------------- Total 165,781,965 100.0% ================================================================================ LESTER L. COLBERT, JR. # OF VOTES % OF VOTES ================================================================================ For 162,394,912 98.0% -------------------------------------------------------------------------------- Withheld 3,387,053 2.0% -------------------------------------------------------------------------------- Total 165,781,965 100.0% ================================================================================ STEPHEN E. O'NEIL # OF VOTES % OF VOTES ================================================================================ For 162,316,601 98.0% -------------------------------------------------------------------------------- Withheld 3,465,364 2.0% -------------------------------------------------------------------------------- Total 165,781,965 100.0% ================================================================================ NATHAN E. SAINT-AMAND # OF VOTES % OF VOTES ================================================================================ For 162,383,692 98.0% -------------------------------------------------------------------------------- Withheld 3,398,273 2.0% -------------------------------------------------------------------------------- Total 165,781,965 100.0% ================================================================================ PROPOSAL 2 - TO APPROVE AN INVESTMENT ADVISORY AGREEMENT WITH FRED ALGER MANAGEMENT, INC. ALGER BALANCED FUND # OF VOTES % OF VOTES ================================================================================ For 2,878,235 70.5% -------------------------------------------------------------------------------- Against 54,411 1.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,150,278 28.2% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND # OF VOTES % OF VOTES ================================================================================ For 15,680,399 73.2% -------------------------------------------------------------------------------- Against 528,922 2.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,197,847 24.3% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND # OF VOTES % OF VOTES ================================================================================ For 297,018 83.0% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 60,956 17.0% -------------------------------------------------------------------------------- Total 357,974 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND # OF VOTES % OF VOTES ================================================================================ For 5,411,437 71.3% -------------------------------------------------------------------------------- Against 89,214 1.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,088,038 27.5% -------------------------------------------------------------------------------- Total 7,588,689 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND # OF VOTES % OF VOTES ================================================================================ For 22,349,283 81.8% -------------------------------------------------------------------------------- Against 474,588 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,493,183 16.5% -------------------------------------------------------------------------------- Total 27,317,054 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND # OF VOTES % OF VOTES ================================================================================ For 32,685,136 75.8% -------------------------------------------------------------------------------- Against 713,573 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 9,726,358 22.5% -------------------------------------------------------------------------------- Total 43,125,067 100.0% ================================================================================ ALGER MONEY MARKET FUND # OF VOTES % OF VOTES ================================================================================ For 31,039,086 82.9% -------------------------------------------------------------------------------- Against 792,513 2.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,619,823 15.0% -------------------------------------------------------------------------------- Total 37,451,422 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND # OF VOTES % OF VOTES ================================================================================ For 2,038,479 71.7% -------------------------------------------------------------------------------- Against 50,699 1.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 754,944 26.5% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND # OF VOTES % OF VOTES ================================================================================ For 23,768,680 79.5% -------------------------------------------------------------------------------- Against 570,387 1.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,541,851 18.6% -------------------------------------------------------------------------------- Total 29,880,918 100.0% ================================================================================ PROPOSAL 3 - TO APPROVE REVISIONS TO THE FUNDAMENTAL INVESTMENT POLICIES OF THE FUND. ALGER BALANCED FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES -------------------------------------------------------------------------------- For 2,846,414 69.7% -------------------------------------------------------------------------------- Against 69,878 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,166,632 28.6% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 2,843,467 69.6% -------------------------------------------------------------------------------- Against 78,487 2.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,160,970 28.4% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 2,854,023 70.0% -------------------------------------------------------------------------------- Against 63,402 1.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,165,499 28.5% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 2,845,259 69.7% -------------------------------------------------------------------------------- Against 76,121 1.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,161,544 28.4% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 2,850,234 69.8% -------------------------------------------------------------------------------- Against 69,725 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,162,965 28.5% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES -------------------------------------------------------------------------------- For 2,856,710 70.0% -------------------------------------------------------------------------------- Against 65,072 1.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,161,142 28.4% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 2,849,471 69.8% -------------------------------------------------------------------------------- Against 71,697 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,161,756 28.5% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES -------------------------------------------------------------------------------- For 2,851,146 69.8% -------------------------------------------------------------------------------- Against 71,694 1.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,160,084 28.4% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 2,868,507 70.3% -------------------------------------------------------------------------------- Against 58,868 1.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,155,549 28.3% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 2,845,026 69.7% -------------------------------------------------------------------------------- Against 74,132 1.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,163,766 28.5% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 2,841,163 69.6% -------------------------------------------------------------------------------- Against 78,160 1.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,163,601 28.5% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 2,845,453 69.7% -------------------------------------------------------------------------------- Against 78,292 1.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,159,179 28.4% -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER BALANCED FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 2,840,140 69.6% -------------------------------------------------------------------------------- Against 71,777 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,171,007 28.7 -------------------------------------------------------------------------------- Total 4,082,924 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 15,408,094 72.0% -------------------------------------------------------------------------------- Against 727,360 3.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,271,714 24.6% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 15,405,422 72.0% -------------------------------------------------------------------------------- Against 712,348 3.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,289,398 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 15,433,038 72.1% -------------------------------------------------------------------------------- Against 679,898 3.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,294,232 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 15,411,927 72.0% -------------------------------------------------------------------------------- Against 694,471 3.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,300,770 24.8% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 15,414,888 72.0% -------------------------------------------------------------------------------- Against 684,904 3.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,307,376 24.8% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 15,484,580 72.3% -------------------------------------------------------------------------------- Against 644,213 3.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,278,375 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 15,467,650 72.2% -------------------------------------------------------------------------------- Against 658,689 3.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,280,829 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 15,508,627 72.4% -------------------------------------------------------------------------------- Against 615,475 2.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,283,066 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 15,461,043 72.2% -------------------------------------------------------------------------------- Against 667,063 3.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,279,062 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 15,359,239 71.7% -------------------------------------------------------------------------------- Against 762,735 3.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,285,194 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 15,405,876 72.0% -------------------------------------------------------------------------------- Against 698,152 3.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,303,140 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 15,415,055 72.0% -------------------------------------------------------------------------------- Against 700,877 3.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,291,236 24.7% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CAPITAL APPRECIATION FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 15,419,043 72.0% -------------------------------------------------------------------------------- Against 661,231 3.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,326,894 24.9% -------------------------------------------------------------------------------- Total 21,407,168 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER CORE FIXED-INCOME FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 296,145 83.5% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 58,666 16.5% -------------------------------------------------------------------------------- Total 354,811 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 5,371,079 70.8% -------------------------------------------------------------------------------- Against 121,191 1.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,096,418 27.6% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 5,374,986 70.8% -------------------------------------------------------------------------------- Against 118,978 1.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,094,724 27.6% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 5,386,077 71.0% -------------------------------------------------------------------------------- Against 104,736 1.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,097,875 27.6% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 5,376,123 70.8% -------------------------------------------------------------------------------- Against 113,515 1.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,099,050 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 5,381,797 70.9% -------------------------------------------------------------------------------- Against 113,826 1.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,093,065 27.6% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 5,382,066 70.9% -------------------------------------------------------------------------------- Against 107,614 1.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,099,008 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 5,375,954 70.8% -------------------------------------------------------------------------------- Against 114,012 1.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,098,722 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 5,377,901 70.9% -------------------------------------------------------------------------------- Against 112,891 1.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,097,896 27.6% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 5,385,483 71.0% -------------------------------------------------------------------------------- Against 111,438 1.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,091,767 27.5% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 5,367,377 70.7% -------------------------------------------------------------------------------- Against 119,629 1.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,101,682 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 5,360,234 70.6% -------------------------------------------------------------------------------- Against 128,126 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,100,328 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 5,367,593 70.7% -------------------------------------------------------------------------------- Against 119,976 1.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,101,119 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER HEALTH SCIENCES FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 5,360,386 70.6% -------------------------------------------------------------------------------- Against 125,189 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,103,113 27.7% -------------------------------------------------------------------------------- Total 7,588,688 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 17,943,400 61.3% -------------------------------------------------------------------------------- Against 7,370,936 25.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,966,017 13.5% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 17,919,051 61.2% -------------------------------------------------------------------------------- Against 7,381,227 25.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,980,075 13.6% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES -------------------------------------------------------------------------------- For 18,049,223 61.6% -------------------------------------------------------------------------------- Against 7,252,021 24.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,979,109 13.6% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 17,926,478 61.2% -------------------------------------------------------------------------------- Against 7,375,418 25.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,978,457 13.6% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 17,987,010 61.4% -------------------------------------------------------------------------------- Against 7,336,309 25.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,957,034 13.5% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 18,037,160 61.6% -------------------------------------------------------------------------------- Against 7,287,956 24.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,955,237 13.5% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 18,064,382 61.7% -------------------------------------------------------------------------------- Against 7,275,632 24.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,940,339 13.5% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 18,041,205 61.6% -------------------------------------------------------------------------------- Against 7,233,850 24.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,005,298 13.7% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 18,145,054 62.0% -------------------------------------------------------------------------------- Against 7,193,350 24.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,941,949 13.4% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 17,861,761 61.0% -------------------------------------------------------------------------------- Against 7,397,677 25.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,020,915 13.7% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 17,825,114 60.9% -------------------------------------------------------------------------------- Against 7,440,441 25.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,014,798 13.7% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 17,949,698 61.3% -------------------------------------------------------------------------------- Against 7,336,313 25.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,994,342 13.7% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 17,823,014 60.9% -------------------------------------------------------------------------------- Against 7,429,689 25.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,027,650 13.7% -------------------------------------------------------------------------------- Total 29,280,353 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 29,171,868 67.6% -------------------------------------------------------------------------------- Against 4,144,020 9.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 9,809,179 22.8% -------------------------------------------------------------------------------- Total 43,125,067 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 28,916,675 67.1% -------------------------------------------------------------------------------- Against 4,332,199 10.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 9,876,193 22.9% -------------------------------------------------------------------------------- Total 43,125,067 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES -=============================================================================== For 29,308,143 68.0% -------------------------------------------------------------------------------- Against 3,964,298 9.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 9,852,626 22.8% -------------------------------------------------------------------------------- Total 43,125,067 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 29,040,505 67.3% -------------------------------------------------------------------------------- Against 4,219,816 9.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 9,864,746 22.9% -------------------------------------------------------------------------------- Total 43,125,067 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 29,168,311 67.6% -------------------------------------------------------------------------------- Against 4,127,951 9.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 9,828,805 22.8% -------------------------------------------------------------------------------- Total 43,125,067 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES -------------------------------------------------------------------------------- For 31,004,959 71.4% -------------------------------------------------------------------------------- Against 4,270,882 9.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,129,015 18.7% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 30,946,640 71.3% -------------------------------------------------------------------------------- Against 4,300,788 9.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,157,428 18.8% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 31,041,328 71.5% -------------------------------------------------------------------------------- Against 4,072,299 9.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,291,229 19.1% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 31,290,555 72.0% -------------------------------------------------------------------------------- Against 3,972,120 9.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,142,181 18.8% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 30,653,322 70.6% -------------------------------------------------------------------------------- Against 4,467,208 10.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,284,326 19.1% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 30,568,379 70.4% -------------------------------------------------------------------------------- Against 4,582,269 10.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,254,208 19.0% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 30,943,667 71.3% -------------------------------------------------------------------------------- Against 4,259,501 9.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,201,688 18.9% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 30,524,275 70.3% -------------------------------------------------------------------------------- Against 4,563,305 10.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 8,317,276 19.2% -------------------------------------------------------------------------------- Total 43,404,856 100.0% ================================================================================ ALGER MONEY MARKET FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 22,918,289 75.3% -------------------------------------------------------------------------------- Against 998,727 3.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,497,786 21.4% -------------------------------------------------------------------------------- Total 30.414,802 100.0% ================================================================================ ALGER MONEY MARKETFUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 23,016,795 75.7% -------------------------------------------------------------------------------- Against 886,216 2.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,511,791 21.4% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKETFUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 23,100,668 76.0% -------------------------------------------------------------------------------- Against 769,258 2.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,544,876 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 23,093,185 76.0% -------------------------------------------------------------------------------- Against 774,884 2.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,546,733 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 22,997,731 75.6% -------------------------------------------------------------------------------- Against 869,678 2.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,547,393 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 22,991,595 75.6% -------------------------------------------------------------------------------- Against 855,749 2.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,567,458 21.6% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 22,886,019 75.3% -------------------------------------------------------------------------------- Against 984,892 3.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,543,891 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 23,116,726 76.0% -------------------------------------------------------------------------------- Against 774,885 2.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,523,191 21.4% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION# OF VOTES % OF VOTES ================================================================================ For 23,145,580 76.1% -------------------------------------------------------------------------------- Against 671,243 2.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,597.979 21.7% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 22,920,045 75.4% -------------------------------------------------------------------------------- Against 960,802 3.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,533,955 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 22,868,423 75.2% -------------------------------------------------------------------------------- Against 992,882 3.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,553,497 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKET FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 23,062,430 75.8% -------------------------------------------------------------------------------- Against 852,594 2.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,499,778 21.4% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER MONEY MARKETFUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 22,968,424 75.5% -------------------------------------------------------------------------------- Against 907,065 3.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 6,539,313 21.5% -------------------------------------------------------------------------------- Total 30,414,802 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 2,002,125 70.4% -------------------------------------------------------------------------------- Against 81,767 2.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 760,230 26.7% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 2,024,852 71.2% -------------------------------------------------------------------------------- Against 58,311 2.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 760,959 26.8% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 2,026,456 71.2% -------------------------------------------------------------------------------- Against 58,901 2.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 758,765 26.7% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 2,023,952 71.2% -------------------------------------------------------------------------------- Against 59,655 2.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 760,515 26.7% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 2,029,054 71.3% -------------------------------------------------------------------------------- Against 58,473 2.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 756,595 26.6% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 2,031,033 71.4% -------------------------------------------------------------------------------- Against 57,728 2.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 755,361 26.6% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 2,053,467 72.2% -------------------------------------------------------------------------------- Against 34,048 1.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 756,607 26.6% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 2,028,041 71.3% -------------------------------------------------------------------------------- Against 58,071 2.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 758,010 26.7% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 2,056,546 72.3% -------------------------------------------------------------------------------- Against 29,967 1.1% -------------------------------------------------------------------------------- Abstain/Broker No Votes 757,609 26.6% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 2,017,697 71.0% -------------------------------------------------------------------------------- Against 38,248 1.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 788,177 27.7% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES ================================================================================ For 2,010,591 70.7% -------------------------------------------------------------------------------- Against 68,616 2.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 764,915 26.9% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 2,019,557 71.0% -------------------------------------------------------------------------------- Against 38,408 1.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 786,157 27.6% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 2,014,713 70.9% -------------------------------------------------------------------------------- Against 66,442 2.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 762,967 26.8% -------------------------------------------------------------------------------- Total 2,844,122 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - CONVERT THE FUND'S INVESTMENT OBJECTIVE FROM FUNDAMENTAL TO NON-FUNDAMENTAL # OF VOTES % OF VOTES ================================================================================ For 22,032,575 73.7% -------------------------------------------------------------------------------- Against 2,263,612 7.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,584,732 18.7% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO BORROWING MONEY # OF VOTES % OF VOTES ================================================================================ For 21,956,408 73.5% -------------------------------------------------------------------------------- Against 2,265,643 7.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,658,868 18.9% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO UNDERWRITING # OF VOTES % OF VOTES ================================================================================ For 22,068,465 73.9% -------------------------------------------------------------------------------- Against 2,168,636 7.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,643,818 18.9% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO LENDING # OF VOTES % OF VOTES ================================================================================ For 21,876,843 73.2% -------------------------------------------------------------------------------- Against 2,239,266 7.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,764,810 19.3% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO ISSUING SENIOR SECURITIES # OF VOTES % OF VOTES ================================================================================ For 21,974,640 73.6% -------------------------------------------------------------------------------- Against 2,250,572 7.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,655,707 18.9% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO REAL ESTATE # OF VOTES % OF VOTES ================================================================================ For 21,930,949 73.4% -------------------------------------------------------------------------------- Against 2,275,707 7.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,674,263 19.0% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO COMMODITIES # OF VOTES % OF VOTES ================================================================================ For 22,056,121 73.8% -------------------------------------------------------------------------------- Against 2,249,876 7.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,574,922 18.7% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICY RELATING TO CONCENTRATION # OF VOTES % OF VOTES ================================================================================ For 22,004,961 73.6% -------------------------------------------------------------------------------- Against 2,214,940 7.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,661,018 19.0% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REVISE THE FUNDAMENTAL POLICIES RELATING TO DIVERSIFICATION # OF VOTES % OF VOTES ================================================================================ For 22,242,238 74.5% -------------------------------------------------------------------------------- Against 2,075,649 6.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,563,032 18.6% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO THE PURCHASE OF ILLIQUID SECURITIES # OF VOTES % OF VOTES ================================================================================ For 21,712,363 72.7% -------------------------------------------------------------------------------- Against 2,435,925 8.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,732,631 19.1% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO BOTH PURCHASING SECURITIES ON MARGIN AND ENGAGING IN SHORT SALES # OF VOTES % OF VOTES -------------------------------------------------------------------------------- For 21,694,612 72.6% -------------------------------------------------------------------------------- Against 2,476,141 8.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,710,166 19.1% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO INVESTMENT IN OTHER INVESTMENT COMPANIES # OF VOTES % OF VOTES ================================================================================ For 21,863,371 73.2% -------------------------------------------------------------------------------- Against 2,368,906 7.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,648,642 18.9% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND - REMOVE THE FUNDAMENTAL POLICY RELATING TO PLEDGING ASSETS # OF VOTES % OF VOTES ================================================================================ For 21,653,768 72.5% -------------------------------------------------------------------------------- Against 2,462,088 8.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 5,765,063 19.3% -------------------------------------------------------------------------------- Total 29,880,919 100.0% ================================================================================ PROPOSAL 4 - TO APPROVE DISTRIBUTION PLANS UNDER RULE 12b-1. ALGER BALANCED FUND, CLASS A # OF VOTES % OF VOTES ================================================================================ For 1,002,576 84.8% -------------------------------------------------------------------------------- Against 7,832 0.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 171,994 14.5% -------------------------------------------------------------------------------- Total 1,182,402 100.0% ================================================================================ ALGER BALANCED FUND, CLASS B # OF VOTES % OF VOTES ================================================================================ For 1,518,283 68.8% -------------------------------------------------------------------------------- Against 43,614 2.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 645,455 29.2% -------------------------------------------------------------------------------- Total 2,207,352 100.0% ================================================================================ ALGER BALANCED FUND, CLASS C # OF VOTES % OF VOTES ================================================================================ For 484,228 61.8% -------------------------------------------------------------------------------- Against 21,604 2.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 277,531 35.4% -------------------------------------------------------------------------------- Total 783,363 100.0% ================================================================================ ALGER CAPITAL APPRECIATION, CLASS A # OF VOTES % OF VOTES ================================================================================ For 5,740,645 68.8% -------------------------------------------------------------------------------- Against 266,121 3.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,343,753 28.0% -------------------------------------------------------------------------------- Total 8,350,519 100.0% ================================================================================ ALGER CAPITAL APPRECIATION, CLASS B # OF VOTES % OF VOTES ================================================================================ For 7,279,791 67.9% -------------------------------------------------------------------------------- Against 401,380 3.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,044,341 28.4% -------------------------------------------------------------------------------- Total 10,725,512 100.0% ================================================================================ ALGER CAPITAL APPRECIATION, CLASS C # OF VOTES % OF VOTES ================================================================================ For 1,435,492 69.6% -------------------------------------------------------------------------------- Against 53,864 2.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 574,541 27.8% -------------------------------------------------------------------------------- Total 2,063,897 100.0% ================================================================================ ALGER CORE FIXED-INCOME, CLASS A # OF VOTES % OF VOTES ================================================================================ For 247,726 85.9% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 40,787 14.1% -------------------------------------------------------------------------------- Total 288,513 100.0% ================================================================================ ALGER CORE FIXED-INCOME, CLASS B # OF VOTES % OF VOTES ================================================================================ For 24,146 89.6% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 2,798 10.4% -------------------------------------------------------------------------------- Total 26,944 100.0% ================================================================================ ALGER CORE FIXED-INCOME, CLASS C # OF VOTES % OF VOTES ================================================================================ For 24,273 61.7% -------------------------------------------------------------------------------- Against 0 0.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 15,081 38.3% -------------------------------------------------------------------------------- Total 39,354 100.0% ================================================================================ ALGER HEALTH SCIENCES, CLASS A # OF VOTES % OF VOTES ================================================================================ For 3,489,215 66.1% -------------------------------------------------------------------------------- Against 55,011 1.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,737,126 32.9% -------------------------------------------------------------------------------- Total 5,281,352 100.0% ================================================================================ ALGER HEALTH SCIENCES, CLASS B # OF VOTES % OF VOTES ================================================================================ For 678,098 70.0% -------------------------------------------------------------------------------- Against 16,555 1.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 273,467 28.3% -------------------------------------------------------------------------------- Total 968,120 100.0% ================================================================================ ALGER HEALTH SCIENCES, CLASS C # OF VOTES % OF VOTES ================================================================================ For 1,171,730 63.6% -------------------------------------------------------------------------------- Against 55,837 3.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 616,886 33.4% -------------------------------------------------------------------------------- Total 1,844,453 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND, CLASS A # OF VOTES % OF VOTES ================================================================================ For 7,329,235 78.7% -------------------------------------------------------------------------------- Against 214,251 2.3% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,773,555 19.0% -------------------------------------------------------------------------------- Total 9,317,041 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND, CLASS B # OF VOTES % OF VOTES ================================================================================ For 11,545,567 76.4% -------------------------------------------------------------------------------- Against 176,202 1.2% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,387,448 22.4% -------------------------------------------------------------------------------- Total 15,109,217 100.0% ================================================================================ ALGER LARGECAP GROWTH FUND, CLASS C # OF VOTES % OF VOTES ================================================================================ For 1,614,213 68.7% -------------------------------------------------------------------------------- Against 42,964 1.9% -------------------------------------------------------------------------------- Abstain/Broker No Votes 690,805 29.4% -------------------------------------------------------------------------------- Total 2,347,982 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND, CLASS A # OF VOTES % OF VOTES ================================================================================ For 16,191,742 76.0% -------------------------------------------------------------------------------- Against 378,794 1.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,722,474 22.2% -------------------------------------------------------------------------------- Total 21,293,010 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND, CLASS B # OF VOTES % OF VOTES ================================================================================ For 12,899,107 74.8% -------------------------------------------------------------------------------- Against 512,543 3.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 3,826,708 22.2% -------------------------------------------------------------------------------- Total 17,238,358 100.0% ================================================================================ ALGER MIDCAP GROWTH FUND, CLASS C # OF VOTES % OF VOTES ================================================================================ For 3,286,750 68.6% -------------------------------------------------------------------------------- Against 134,515 2.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,367,585 28.6% -------------------------------------------------------------------------------- Total 4,788,850 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND, CLASS A # OF VOTES % OF VOTES ================================================================================ For 1,363,454 68.8% -------------------------------------------------------------------------------- Against 9,854 0.5% -------------------------------------------------------------------------------- Abstain/Broker No Votes 607,261 30.7% -------------------------------------------------------------------------------- Total 1,980,569 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND, CLASS B # OF VOTES % OF VOTES ================================================================================ For 275,580 63.0% -------------------------------------------------------------------------------- Against 16,397 3.7% -------------------------------------------------------------------------------- Abstain/Broker No Votes 145,806 33.3% -------------------------------------------------------------------------------- Total 437,783 100.0% ================================================================================ ALGER SMALLCAP AND MIDCAP GROWTH FUND, CLASS C # OF VOTES % OF VOTES ================================================================================ For 376,562 67.8% -------------------------------------------------------------------------------- Against 14,310 2.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 164,217 29.6% -------------------------------------------------------------------------------- Total 555,089 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND, CLASS A # OF VOTES % OF VOTES ================================================================================ For 16,549,694 77.9% -------------------------------------------------------------------------------- Against 598,914 2.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 4,101,922 19.3% -------------------------------------------------------------------------------- Total 21,250,530 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND, CLASS B # OF VOTES % OF VOTES ================================================================================ For 4,604,831 78.4% -------------------------------------------------------------------------------- Against 107,693 1.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 1,164,226 19.8% -------------------------------------------------------------------------------- Total 5,876,750 100.0% ================================================================================ ALGER SMALLCAP GROWTH FUND, CLASS C # OF VOTES % OF VOTES ================================================================================ For 1,137,511 67.8% -------------------------------------------------------------------------------- Against 22,908 1.4% -------------------------------------------------------------------------------- Abstain/Broker No Votes 518,246 30.8% -------------------------------------------------------------------------------- Total 1,678,665 100.0% ================================================================================ PROPOSAL 5 - TO APPROVE AMENDMENTS TO THE TRUST'S AGREEMENT AND DECLARATION OF TRUST ELIMINATE THE REQUIREMENT THAT SHAREHOLDERS APPROVE THE LIQUIDATION OF A FUND OR A CLASS OF SHARES OF A FUND # OF VOTES % OF VOTES ================================================================================ For 136,733,691 72.7% -------------------------------------------------------------------------------- Against 19,930,868 10.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 31,466,803 16.7% -------------------------------------------------------------------------------- Total 188,131,362 100.0% ================================================================================ ELIMINATE THE REQUIREMENT THAT SHAREHOLDERS APPROVE THE TERMINATION OF THE TRUST # OF VOTES % OF VOTES ================================================================================ For 136,062,148 72.3% -------------------------------------------------------------------------------- Against 20,675,308 11.0% -------------------------------------------------------------------------------- Abstain/Broker No Votes 31,393,906 16.7% -------------------------------------------------------------------------------- Total 188,131,362 100.0% ================================================================================ ELIMINATE (SUBJECT TO A QUALIFICATION) THE REQUIREMENT THAT SHAREHOLDERS APPROVE THE REORGANIZATION OF THE TRUST OR A FUND # OF VOTES % OF VOTES ================================================================================ For 136,358,667 72.5% -------------------------------------------------------------------------------- Against 20,298,277 10.8% -------------------------------------------------------------------------------- Abstain/Broker No Votes 31,474,418 16.7% -------------------------------------------------------------------------------- Total 188,131,362 100.0% ================================================================================ ADD A DEMAND REQUIREMENT FOR SHAREHOLDER DERIVATIVE SUITS # OF VOTES % OF VOTES ================================================================================ For 137,609,289 73.1% -------------------------------------------------------------------------------- Against 18,106,168 9.6% -------------------------------------------------------------------------------- Abstain/Broker No Votes 32,415,904 17.3% -------------------------------------------------------------------------------- Total 188,131,361 100.0% ================================================================================