Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Alger Growth & Income I-2 AIGOX
- NAV / 1-Day Return 29.39 / +1.27 %
- Total Assets 39.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.930%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Large Blend
- Investment Style Large Blend
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 0.85%
- Turnover 3%
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 1:06 AM GMT+0
Morningstar’s Analysis AIGOX
Will AIGOX 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 42.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 10.49 | 4.1 Mil | Technology |
Apple Inc | 7.21 | 2.8 Mil | Technology |
Broadcom Inc | 4.63 | 1.8 Mil | Technology |
KLA Corp | 3.85 | 1.5 Mil | Technology |
JPMorgan Chase & Co | 3.22 | 1.3 Mil | Financial Services |
Alphabet Inc Class A | 3.11 | 1.2 Mil | Communication Services |
Amazon.com Inc | 2.75 | 1.1 Mil | Consumer Cyclical |
UnitedHealth Group Inc | 2.58 | 1.0 Mil | Healthcare |
Alphabet Inc Class C | 2.45 | 963,504 | Communication Services |
The Home Depot Inc | 2.37 | 931,353 | Consumer Cyclical |