Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Alger Growth & Income C ALBCX
- NAV / 1-Day Return 66.51 / +1.00 %
- Total Assets 499.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.710%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Large Blend
- Investment Style Large Blend
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.56%
- Turnover 4%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:09 PM GMT+0
Morningstar’s Analysis ALBCX
Will ALBCX 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 40.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 10.27 | 43.7 Mil | Technology |
Apple Inc | 7.51 | 31.9 Mil | Technology |
Cash | 6.34 | 27.0 Mil | Cash and Equivalents |
Broadcom Inc | 4.06 | 17.3 Mil | Technology |
Alphabet Inc Class A | 3.21 | 13.7 Mil | Communication Services |
JPMorgan Chase & Co | 3.07 | 13.1 Mil | Financial Services |
KLA Corp | 3.03 | 12.9 Mil | Technology |
UnitedHealth Group Inc | 2.47 | 10.5 Mil | Healthcare |
Alphabet Inc Class C | 2.45 | 10.4 Mil | Communication Services |
Amazon.com Inc | 2.37 | 10.1 Mil | Consumer Cyclical |