Alger Capital Appreciation’s seasoned team gives this strategy appeal at the right price, but excessive trading and a lower conviction in its approach warrant a downgrade of its Process rating. The Morningstar Analyst Ratings on its more-expensive share classes remain at or fall to Neutral from Bronze, while the two cheapest ones remain at Bronze.
- NAV / 1-Day Return 25.29 / 0.08 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
0.850%
- Expense Ratio 0.850%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Large Growth
- Investment Style Large Growth
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 0.00
- Turnover 108%
Morningstar’s Analysis ACAZX
Will ACAZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 81
- Bond Holdings 0
- Other Holdings 3
- % Assets in Top 10 Holdings 45.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Cash
2.72
47,284,333
Cash and Equivalents