Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Alger Dynamic Opportunities C ADOCX
- NAV / 1-Day Return 15.88 / −0.13 %
- Total Assets 225.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.820%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Long-Short Equity
- Investment Style Mid Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Turnover 351%
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 1:17 AM GMT+0
Morningstar’s Analysis ADOCX
Will ADOCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 29.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash | 46.71 | 118.7 Mil | Cash and Equivalents |
Amazon.com Inc | 4.42 | 11.2 Mil | Consumer Cyclical |
Microsoft Corp | 4.38 | 11.1 Mil | Technology |
TransDigm Group Inc | 3.68 | 9.4 Mil | Industrials |
NVIDIA Corp | 3.10 | 7.9 Mil | Technology |
Natera Inc | 2.94 | 7.5 Mil | Healthcare |
CrowdStrike Holdings Inc Class A | 2.84 | 7.2 Mil | Technology |
MercadoLibre Inc | 2.39 | 6.1 Mil | Consumer Cyclical |
Meta Platforms Inc Class A | 2.19 | 5.6 Mil | Communication Services |
Glaukos Corp | 2.09 | 5.3 Mil | Healthcare |