Alger Spectra’s seasoned managers give this growth strategy some appeal, but that’s reduced by its fees.
Alger Spectra A SPECX
- NAV / 1-Day Return 23.07 / +2.12 %
- Total Assets 3.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.500%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Large Growth
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Turnover 60%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0
Morningstar’s Analysis SPECX
Will SPECX 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 56.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 14.83 | 456.3 Mil | Technology |
NVIDIA Corp | 8.69 | 267.6 Mil | Technology |
Amazon.com Inc | 7.70 | 236.9 Mil | Consumer Cyclical |
Apple Inc | 6.31 | 194.1 Mil | Technology |
Meta Platforms Inc Class A | 5.78 | 178.0 Mil | Communication Services |
Alphabet Inc Class C | 3.49 | 107.4 Mil | Communication Services |
Heico Corp Class A | 2.75 | 84.8 Mil | Industrials |
Visa Inc Class A | 2.47 | 76.1 Mil | Financial Services |
Natera Inc | 2.05 | 63.0 Mil | Healthcare |
GFL Environmental Inc | 1.99 | 61.4 Mil | Industrials |