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Alger Growth & Income A ALBAX

Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 68.89  /  +0.67 %
  • Total Assets 512.5 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.18%
  • Turnover 4%

USD | NAV as of Apr 11, 2024 | 1-Day Return as of Apr 11, 2024, 10:13 PM GMT+0

Morningstar’s Analysis ALBAX

Will ALBAX outperform in future?

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

Alger Growth& Income A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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Portfolio Holdings ALBAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 40.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

10.27 43.7 Mil
Technology

Apple Inc

7.51 31.9 Mil
Technology

Cash

6.34 27.0 Mil
Cash and Equivalents

Broadcom Inc

4.06 17.3 Mil
Technology

Alphabet Inc Class A

3.21 13.7 Mil
Communication Services

JPMorgan Chase & Co

3.07 13.1 Mil
Financial Services

KLA Corp

3.03 12.9 Mil
Technology

UnitedHealth Group Inc

2.47 10.5 Mil
Healthcare

Alphabet Inc Class C

2.45 10.4 Mil
Communication Services

Amazon.com Inc

2.37 10.1 Mil
Consumer Cyclical