Skip to Content

Alger Spectra Z ASPZX

Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 21.22  /  0.09 %
  • Total Assets 3.0 Bil
  • Adj. Expense Ratio
    0.970%
  • Expense Ratio 1.150%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield
  • Turnover 217%

Morningstar’s Analysis ASPZX

Will ASPZX outperform in future?

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

Still attractive at the right price.

Analyst Andrew Redden

Andrew Redden

Analyst

Summary

Alger Spectra’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.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ASPZX

  • Current Portfolio Date
  • Equity Holdings 102
  • Bond Holdings 0
  • Other Holdings 11
  • % Assets in Top 10 Holdings 53.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
12.41
380,489,046
Technology
8.26
253,146,730
Technology
7.41
226,972,510
Technology
6.95
213,072,397
Consumer Cyclical
4.81
147,528,091
Communication Services
4.00
122,587,759
Communication Services
2.46
75,312,488
Industrials
2.43
74,456,543
Healthcare
2.29
70,251,459
Financial Services
1.98
60,719,739
Industrials