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Morningstar

Alger Dynamic Opportunities Z ADOZX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 18.84  /  −0.58 %
  • Total Assets 250.0 Mil
  • Adj. Expense Ratio
    1.370%
  • Expense Ratio 1.730%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield —
  • Turnover 351%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:14 PM GMT+0

Morningstar’s Analysis ADOZX

Will ADOZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADOZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ADOZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ADOZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger Dynamic Opportunities Z's recent fee cut leads to an upgrade to this strategy's Morningstar Medalist Rating to Bronze from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ADOZX

More ADOZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

40.21 99.4 Mil
Cash and Equivalents

Amazon.com Inc

4.02 9.9 Mil
Consumer Cyclical

Microsoft Corp

4.00 9.9 Mil
Technology

NVIDIA Corp

3.80 9.4 Mil
Technology

TransDigm Group Inc

3.59 8.9 Mil
Industrials

Advanced Micro Devices Inc

3.04 7.5 Mil
Technology

Glaukos Corp

2.50 6.2 Mil
Healthcare

Spotify Technology SA

2.16 5.3 Mil
Communication Services

Alphabet Inc Class A

2.14 5.3 Mil
Communication Services

MercadoLibre Inc

2.09 5.2 Mil
Consumer Cyclical