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Risk Return Abstract rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName THE ALGER FUNDS
Prospectus Date rr_ProspectusDate Feb. 28, 2025
Class I Shares | Alger Mid Cap Focus Fund - AC  
Risk Return Abstract rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <span style="color:#262626;font-family:Arial;font-size:10pt;font-weight:bold;text-transform:uppercase;">Alger Mid Cap Focus Fund</span>
Objective [Heading] rr_ObjectiveHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Investment Objective</span>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Alger Mid Cap Focus Fund seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Fund Fees and Expenses</span>
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and examples below.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption <span style="color:#262626;font-family:Arial;font-size:9pt;font-weight:bold;">Shareholder Fees</span> <br/><span style="color:#262626;font-family:Arial;font-size:9pt;">(fees paid directly from your investment)</span>
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <span style="color:#262626;font-family:Arial;font-size:9pt;font-weight:bold;">Annual Fund Operating Expenses</span> <br/><span style="color:#262626;font-family:Arial;font-size:9pt;">(expenses that you pay each year as a percentage of the value of your investment)</span>
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination <span style="color:#262626;font-family:Arial;font-size:8pt;">October 31, 2026</span>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Portfolio Turnover</span>
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 94.67% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 94.67%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts <span style="color:#262626;font-family:Arial;font-size:8pt;">The Fund and Fred Alger Management, LLC (the “Manager”) have adopted fee breakpoints for the Fund. The advisory fee for assets up to $250 million is .70%, and for assets in excess of $250 million is .50%. The actual rate paid as a percentage of average daily net assets for the year ended October 31, 2024 was .69%.</span>
Expense Example [Heading] rr_ExpenseExampleHeading <span style="color:#0064FA;font-family:Arial;font-size:9pt;font-weight:bold;">Example</span>
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Principal Investment Strategy</span>
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Manager believes companies undergoing Positive Dynamic Change offer the best opportunities. Positive Dynamic Change refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, rapidly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefitting from new regulations, a new product innovation or new management.Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. For these purposes, “mid-cap companies” are those companies that, at the time of purchase of the securities, have total market capitalization within the range of (i) companies included in the Russell MidCap Growth Index or (ii) $1 billion to $30 billion. At December 31, 2024, the companies in this index ranged from $1.67 billion to $172.29 billion. Because of the Fund’s long-term approach to investing, it could have a significant portion of its assets invested in securities of issuers that have appreciated beyond the market capitalization thresholds noted. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. In addition, under normal market conditions, the Fund invests at least 25% of its total assets in companies in the following group of industries: Health Care Equipment & Supplies, Health Care Technology, Biotechnology, Life Sciences Tools & Services, and/or Software, as defined by third party sources. The Fund may have 25% or more of its total assets invested in any one of these industries.As a focus fund, the Fund intends to invest a substantial portion of its assets in a smaller number of issuers. Generally the Fund will own approximately 50 holdings. Fund holdings may occasionally differ from this number for a variety of reasons, including, among others, because of extreme market volatility, such as when the Fund has entered a temporary defensive position.  Additionally, the Fund may temporarily exceed the stated number of holdings for a number of reasons, including, but not limited to, when it acquires a new holding and determines that it is in the best interests of shareholders to sell an existing holding over a period of time, instead of immediately selling the entire holding.The Fund may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive. As a result, the Fund may engage in active trading of portfolio securities.The Fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including, but not limited to, the information technology, industrials, consumer discretionary, and health care sectors.The Fund can invest in foreign securities.The Fund may invest in cash (and cash equivalents) when the Fund is unable to find enough attractive long-term investments to meet its investment objective, to meet redemptions and/or when the Manager believes it is advisable to do so during times of short-term market volatility. During these times, cash (and cash equivalents) will not exceed 15% of the Fund’s net assets.
Risk [Heading] rr_RiskHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Principal Risks</span>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Performance</span>
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and the table beneath it provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year and by showing how the Fund’s average annual returns for the indicated periods compare with those of an appropriate broad-based securities market index that represents the overall domestic equity market and a more narrowly based index that reflects the market sectors in which the Fund invests. The Fund’s past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. Updated performance information is available on the Fund’s website www.alger.com. The broad-based securities market index used for comparison with the Fund’s performance changed from the Russell Midcap Growth Index to the S&P 500 Index to comply with new regulations that require the Fund’s broad-based securities market index to reflect the overall market in which the Fund may invest. The Fund’s previous broad-based securities market index, the Russell Midcap Growth Index, which the Manager believes more closely reflects the market segments in which the Fund invests, is included as an additional index.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns <span style="color:#262626;font-family:Arial;font-size:9pt;">The following bar chart and the table beneath it provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year and by showing how the Fund’s average annual returns for the indicated periods compare with those of an appropriate broad-based securities market index that represents the overall domestic equity market</span><span style="color:#262626;font-family:Arial;font-size:9pt;line-height:11pt;"> </span><span style="color:#262626;font-family:Arial;font-size:9pt;">and a more narrowly based index that reflects the market sectors in which the Fund invests. </span>
Performance Additional Market Index [Text] rr_PerformanceAdditionalMarketIndex <span style="color:#262626;font-family:Arial;font-size:9pt;">The Fund’s previous broad-based securities market index, the Russell </span><span style="color:#262626;font-family:Arial;font-size:9pt;">Midcap Growth Index, which the Manager believes more closely reflects the market segments in which the Fund invests, is included as an additional index.</span>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <span style="color:#262626;font-family:Arial;font-size:9pt;">www.alger.com</span>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <span style="color:#262626;font-family:Arial;font-size:9pt;">The Fund’s past performance (before and </span><span style="color:#262626;font-family:Arial;font-size:9pt;">after taxes) is not necessarily an indication of how it will perform in the future.</span>
Bar Chart [Heading] rr_BarChartHeading <span style="color:#262626;font-family:Arial;font-size:10pt;font-weight:bold;">Annual Total Return for Class I Shares</span><span style="color:#262626;font-family:Arial;font-size:10pt;line-height:12pt;"> </span><span style="color:#262626;font-family:Arial;font-size:10pt;font-style:italic;">as of December 31 (%)</span>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter:Q2 202036.80%Worst Quarter:Q2 2022-28.14%
Performance Table Heading rr_PerformanceTableHeading <span style="color:#0064FA;font-family:Arial;font-size:10pt;font-weight:bold;">Average Annual Total Return as of December 31, 2024</span>
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged <span style="color:#262626;font-family:Arial;font-size:9pt;">The broad-based securities market index used for comparison with the Fund’s performance changed from the Russell Midcap Growth Index to the S&P 500 Index to comply with new regulations that require the Fund’s broad-based securities market index to reflect the overall market in which the Fund may invest. </span>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <span style="color:#262626;font-family:Arial;font-size:9pt;">after-tax returns are calculated using the historical highest individual federal marginal income tax rates and </span><span style="color:#262626;font-family:Arial;font-size:9pt;">do not reflect the impact of state and local taxes.</span>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <span style="color:#262626;font-family:Arial;font-size:9pt;">Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. The after-tax returns shown may not be relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.</span>
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock In the foregoing table, after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. The after-tax returns shown may not be relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Class I Shares | Alger Mid Cap Focus Fund - AC | Risk Lose Money [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock The Fund’s share price may go down, which means you could lose money.
Class I Shares | Alger Mid Cap Focus Fund - AC | Risk Not Insured Depository Institution [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Class I Shares | Alger Mid Cap Focus Fund - AC | Investment Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Investment Risk – An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest.
Class I Shares | Alger Mid Cap Focus Fund - AC | Market Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Market Risk – Your investment in Fund shares represents an indirect investment in the securities owned by the Fund. The value of these securities, like other investments, may move up or down, sometimes rapidly and unpredictably. Your Fund shares at any point in time may be worth less than what you invested, even after taking into account the reinvestment of Fund dividends and distributions. Local, regional or global events such as environmental or natural disasters, war, terrorism, pandemics, outbreaks of infectious diseases, and similar public health threats, recessions, or other events could have a significant impact on the Fund and its investments.
Class I Shares | Alger Mid Cap Focus Fund - AC | Mid Cap Securities Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Mid Cap Securities Risk – There may be greater risk in investing in medium-capitalization companies rather than larger, more established companies due to such factors as inexperienced management and limited product lines or financial resources. It may also be difficult or impossible to liquidate a security position at a time and price acceptable to the Fund because of the potentially less frequent trading of stocks of smaller market capitalization.
Class I Shares | Alger Mid Cap Focus Fund - AC | Equity Securities Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Equity Securities Risk – As with any fund that invests in stocks, your investment will fluctuate in value, and the loss of your investment is a risk of investing. The Fund’s price per share will fluctuate due to changes in the market prices of its investments. Also, the Fund’s investments may not grow as fast as the rate of inflation and stocks tend to be more volatile than some other investments you could make, such as bonds.
Class I Shares | Alger Mid Cap Focus Fund - AC | Concentration Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Concentration Risk – By focusing on an industry or a group of industries, the Fund carries much greater risks of adverse developments and price movements in such industries than a fund that invests in a wider variety of industries. Because the Fund concentrates in a specific industry or group of industries, there is also the risk that the Fund will perform poorly during a slump in demand for securities of companies in such industries.
Class I Shares | Alger Mid Cap Focus Fund - AC | Sector Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Sector Risk – The Fund may have a significant portion of its assets invested in securities of companies conducting business within a single sector, as defined by third party sources. Companies in the same sector may be similarly affected by economic, regulatory, political or market events or conditions, which may make the Fund more vulnerable to unfavorable developments in that sector than a fund that has a more diversified portfolio. Generally, the more broadly the Fund invests, the more it spreads risk and potentially reduces the risks of loss and volatility.
Class I Shares | Alger Mid Cap Focus Fund - AC | Information Technology Sector Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Information Technology Sector Risk – The Fund may have a significant portion of its assets invested in securities of technology-related companies. Therefore, the Fund may be more susceptible to particular risks that may affect companies in the information technology sector and technology-related sectors than if it were invested in a wider variety of companies in unrelated sectors. At times, the performance of such companies will lag the performance of other industries or the broader market as a whole. Certain technology related companies may face special risks that their products or services may not prove to be commercially successful. Technology related companies are also strongly affected by worldwide scientific or technological developments. As a result, their products may rapidly become obsolete. Such companies are also often subject to governmental regulation and may, therefore, be adversely affected by governmental policies. These factors may lead to limited earnings and/or failing profit margins. As a result, the value of technology related companies’ securities may fall or fail to rise. Many technology related companies’ securities have historically been more volatile than other securities, especially over the short term.
Class I Shares | Alger Mid Cap Focus Fund - AC | Health Care Sector Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Health Care Sector Risk – The Fund may have a significant portion of its assets invested in securities of healthcare companies. At times, the performance of healthcare companies will lag the performance of other industries or the broader market as a whole, and the performance of such companies may be more volatile. Healthcare companies may also be significantly affected by intense competition, aggressive pricing, government regulation, technological innovations, product obsolescence, patent considerations, product compatibility and consumer preferences.
Class I Shares | Alger Mid Cap Focus Fund - AC | Consumer Discretionary Sector Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Consumer Discretionary Sector Risk – The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers’ disposable income, consumer preferences, social trends and marketing campaigns.
Class I Shares | Alger Mid Cap Focus Fund - AC | Industrials Sector Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Industrials Sector Risk – The Fund may have a significant portion of its assets invested in securities of companies in the industrials sector. Industrial companies are affected by supply and demand both for their specific product or service and for industrials sector products in general. Government regulation, world events, exchange rates and economic conditions, technological developments and liabilities for environmental damage and general civil liabilities will likewise affect the performance of these companies. Aerospace and defense companies, a component of the industrials sector, can be significantly affected by government spending policies because companies involved in this industry rely, to a significant extent, on U.S. and foreign government demand for their products and services.
Class I Shares | Alger Mid Cap Focus Fund - AC | Small Number of Holdings Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Small Number of Holdings Risk – Under normal circumstances, the Fund invests in a small number of issuers. Therefore, the Fund’s performance may be more vulnerable to changes in the market value of a single issuer and more susceptible to risks associated with a single economic, political, or regulatory occurrence than a fund that has a higher number of holdings.
Class I Shares | Alger Mid Cap Focus Fund - AC | Growth Securities Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Growth Securities Risk – Prices of growth stocks tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political and economic developments than other stocks, making their prices more volatile. An investment in the Fund may be better suited to investors who seek long-term capital growth and can tolerate fluctuations in their investment’s value.
Class I Shares | Alger Mid Cap Focus Fund - AC | Foreign Securities Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Foreign Securities Risk – The Fund’s performance will be influenced by political, social and economic factors affecting investments in foreign companies. Special risks associated with investments in foreign companies include exposure to currency fluctuations, lack of liquidity, potential for market manipulation, less developed or less efficient trading markets, limited access to reliable capital, lack of comprehensive company information, political instability, differing audit, regulatory, and legal standards and lack of financial reporting standards.
Class I Shares | Alger Mid Cap Focus Fund - AC | Portfolio Turnover Active Trading Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Portfolio Turnover (Active Trading) Risk – Because the Fund may engage in active trading of portfolio securities, it may incur increased transaction costs and brokerage commissions, both of which can lower the actual return on an investment. Active trading may also increase short-term gains and losses, which may affect the taxes a shareholder has to pay.
Class I Shares | Alger Mid Cap Focus Fund - AC | Cash Position Risk [Member]  
Risk Return Abstract rr_RiskReturnAbstract  
Risk [Text Block] rr_RiskTextBlock Cash Position Risk – At times, the Fund may hold up to 15% of its net assets in cash (and cash equivalents), which may underperform relative to equity securities.
Class I Shares | Alger Mid Cap Focus Fund - AC | Class I  
Risk Return Abstract rr_RiskReturnAbstract  
Shareholder Fees (fees paid directly from your investment) rr_ShareholderFeeOther none
Advisory Fees rr_ManagementFeesOverAssets 0.69% [1]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.17%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11% [2]
1 Year rr_ExpenseExampleYear01 $ 113
3 Years rr_ExpenseExampleYear03 353
5 Years rr_ExpenseExampleYear05 612
10 Years rr_ExpenseExampleYear10 $ 1,352
2020 rr_AnnualReturn2020 84.35%
2021 rr_AnnualReturn2021 9.98%
2022 rr_AnnualReturn2022 (37.37%)
2023 rr_AnnualReturn2023 16.47%
2024 rr_AnnualReturn2024 31.68%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel <span style="color:#262626;font-family:Arial;font-size:8pt;font-weight:bold;">Best Quarter:</span>
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2020
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 36.80%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel <span style="color:#262626;font-family:Arial;font-size:8pt;font-weight:bold;">Worst Quarter:</span>
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2022
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.14%)
1 Year rr_AverageAnnualReturnYear01 31.68%
5 Years rr_AverageAnnualReturnYear05 14.26%
Since Inception rr_AverageAnnualReturnSinceInception 13.41%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 14, 2019
Class I Shares | Alger Mid Cap Focus Fund - AC | Return After Taxes on Distributions | Class I  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.68%
5 Years rr_AverageAnnualReturnYear05 13.25%
Since Inception rr_AverageAnnualReturnSinceInception 12.51%
Class I Shares | Alger Mid Cap Focus Fund - AC | Return After Taxes on Distributions and Sale of Shares | Class I  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 18.76%
5 Years rr_AverageAnnualReturnYear05 11.08%
Since Inception rr_AverageAnnualReturnSinceInception 10.48%
Class I Shares | Alger Mid Cap Focus Fund - AC | S&P 500 Index (reflects no deductions for fees, expenses or taxes)  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 25.02%
5 Years rr_AverageAnnualReturnYear05 14.53%
Since Inception rr_AverageAnnualReturnSinceInception 15.53%
Class I Shares | Alger Mid Cap Focus Fund - AC | Russell Midcap Growth Index (reflects no deductions for fees, expenses or taxes)  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 22.10%
5 Years rr_AverageAnnualReturnYear05 11.47%
Since Inception rr_AverageAnnualReturnSinceInception 12.09%
[1] The Fund and Fred Alger Management, LLC (the “Manager”) have adopted fee breakpoints for the Fund. The advisory fee for assets up to $250 million is .70%, and for assets in excess of $250 million is .50%. The actual rate paid as a percentage of average daily net assets for the year ended October 31, 2024 was .69%.
[2] The Manager has contractually agreed to waive and/or reimburse Fund expenses (excluding custody fees, acquired fund fees and expenses, dividend expense on short sales, net borrowing costs, interest, taxes, brokerage expenses, fees in connection with the ReFlow Fund, LLC liquidity program, extraordinary expenses, and certain proxy expenses, to the extent applicable) through October 31, 2026 to the extent necessary to limit other expenses and any other applicable share class-specific expenses of the Class I Shares of the Fund to .58% of the class’s average daily net assets. This expense reimbursement may only be amended or terminated prior to its expiration date by agreement between the Manager and the Fund’s Board of Trustees, and will terminate automatically in the event of termination of the Investment Advisory Agreement. The Manager may recoup any fees waived or expenses reimbursed pursuant to the contract; however, the Fund will only make repayments to the Manager if such repayment does not cause the Fund’s expense ratio after the repayment is taken into account, to exceed both (i) the expense cap in place at the time such amounts were waived or reimbursed, and (ii) the Fund’s current expense cap. Such recoupment is limited to two years from the date the amount is initially waived or reimbursed.