Morningstar

Alger Capital Appreciation Institutional Fund Class I ALARX

Morningstar Medalist Rating
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Medalist Rating as of See Alger Investment Hub
  • NAV / 1-Day Return $63.88  /  +0.80 %
  • Fund Size $3.7B
  • Adjusted Expense Ratio 1.250%
  • Net Expense Ratio 1.250%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Large Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 0.06%
  • Turnover Ratio 77%
NAV and 1-Day Return as of

Morningstar’s Analysis ALARX

Will ALARX outperform in the 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 ALARX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALARX 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 ALARX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Riding the growth wave.

Sbidag Demerjian

Sbidag Demerjian

Summary

Alger Capital Appreciation benefits from experienced management, and while recent results have been impressive, its approach is largely in step with aggressive peers in the large-growth Morningstar Category. It earns an Above Average People rating and an Average Process rating.

by Sbidag Demerjian
Rated on Published on

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Portfolio Holdings ALARX

More ALARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 55.9
Top 10 Holdings
% Portfolio Weight
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