Alger Concentrated Equity Fund Class I CNEIX

Morningstar Medalist Rating
  • NAV / 1-Day Return$16.63  /  −0.83%
  • Fund Size$11.4M
  • Adjusted Expense Ratio0.810%
  • Net Expense Ratio0.810%
  • Fee Level: DistributionAbove Average
  • Share Class TypeInstitutional
  • Morningstar CategoryLarge Growth
  • Equity Style Box (Funds)Large Growth
  • Minimum Initial Investment$0
  • Investment StatusOpen
  • TTM Yield0.00%
  • Turnover Ratio68%

Morningstar’s Analysis CNEIX

Will CNEIX outperform in the future?

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

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.

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Portfolio Holdings CNEIX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings57.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

13.461M
Technology

Microsoft Corp

7.52792,284
Technology

Cash

6.35668,911
Cash and Equivalents

Anthropic

5.37565,597
—

Alphabet Inc Class C

5.28556,781
Communication Services

Taiwan Semiconductor Manufacturing Co Ltd ADR

5.00527,041
Technology

Apple Inc

4.57481,612
Technology

Broadcom Inc

4.29451,815
Technology

Nebius Group NV Shs Class-A-

3.92412,640
Communication Services

Figure AI

3.86406,819
—

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