In a surprising turn of events, Ankur Crawford reprised her role as comanager on Alger Spectra and Alger Capital Appreciation on March 31, 2021, shortly after her announced departure from the firm. The strategies’ Above Average People and Process Pillar ratings remain intact, as do their Morningstar Analyst Ratings, which range from Bronze to Neutral.
Alger Spectra C ASPCX
NAV / 1-Day Return
25.88
/
1.45
%
Total Assets
7.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
2.150%
Expense Ratio
2.150%
Fee Level
Above Average
Longest Manager Tenure
16.68
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
72%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ASPCX 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 ASPCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ASPCX 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 ASPCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Alger Manager Will Stay at the Firm After All; Strategy Ratings Unchanged
