Morningstar

Alger Concentrated Equity Fund Class A CNEAX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 18.36  /  +0.60 %
  • Total Assets 9.8M
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 0.810%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 68%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:41 AM GMT+0

Morningstar’s Analysis CNEAX

Will CNEAX 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 CNEAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An impressive start.

Sbidag Demerjian

Sbidag Demerjian

Summary

Alger Concentrated Equity is led by a skilled manager, and although its performance has stood out in a limited sample, its investment strategy closely mirrors that of other aggressive funds 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 CNEAX

More CNEAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 64.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

14.48 1M
Technology

Microsoft Corp

7.61 672,021
Technology

Amazon.com Inc

7.16 632,433
Consumer Cyclical

Alphabet Inc Class C

6.94 612,250
Communication Services

Taiwan Semiconductor Manufacturing Co Ltd ADR

5.76 508,541
Technology

Broadcom Inc

5.24 462,512
Technology

Western Digital Corp

4.47 394,544
Technology

Apple Inc

4.43 391,015
Technology

Nebius Group NV Shs Class-A-

4.33 382,482
Communication Services

QXO Inc

3.68 324,773
Industrials

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