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 28.07 / 1.81 %
- Total Assets 2.1 Bil
Adj. Expense Ratio
- Expense Ratio 1.120%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Large Growth
- Investment Style Large Growth
- Min. Initial Investment 0
- Status Open
- TTM Yield 0.00
- Turnover 107%
Morningstar’s Analysis ALARX
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