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 Balanced I-2 ABLOX
- NAV / 1-Day Return 21.05 / −0.38 %
- Total Assets 59.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.070%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Moderate Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 1.25%
- Turnover 6%
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 1:20 AM GMT+0
Morningstar’s Analysis ABLOX
Will ABLOX 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 31.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 7.20 | 4.1 Mil | Technology |
Apple Inc | 4.69 | 2.7 Mil | Technology |
Broadcom Inc | 3.35 | 1.9 Mil | Technology |
KLA Corp | 2.85 | 1.6 Mil | Technology |
Alphabet Inc Class A | 2.59 | 1.5 Mil | Communication Services |
JPMorgan Chase & Co | 2.43 | 1.4 Mil | Financial Services |
Alphabet Inc Class C | 2.12 | 1.2 Mil | Communication Services |
Crown Castle Inc. 3.2% | 2.10 | 1.2 Mil | Corporate |
Apple Inc. 1.13% | 2.03 | 1.2 Mil | Corporate |
Amazon.com Inc | 2.00 | 1.1 Mil | Consumer Cyclical |