Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Alger Growth & Income I-2 AIGOX
- NAV / 1-Day Return 29.67 / +0.95 %
- Total Assets 39.9 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 1.20%
- Turnover 3%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM 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 42.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 10.01 | 3.8 Mil | Technology |
Apple Inc | 8.44 | 3.2 Mil | Technology |
Broadcom Inc | 4.17 | 1.6 Mil | Technology |
KLA Corp | 3.43 | 1.3 Mil | Technology |
Alphabet Inc Class A | 3.32 | 1.3 Mil | Communication Services |
JPMorgan Chase & Co | 3.10 | 1.2 Mil | Financial Services |
UnitedHealth Group Inc | 2.89 | 1.1 Mil | Healthcare |
Alphabet Inc Class C | 2.74 | 1.0 Mil | Communication Services |
Amazon.com Inc | 2.45 | 930,632 | Consumer Cyclical |
The Home Depot Inc | 2.23 | 848,008 | Consumer Cyclical |