Morningstar

Alger Concentrated Equity Fund Class Y CNEYX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 17.96  /  −1.54 %
  • Total Assets 9.5M
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.560%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 68%

USD | NAV as of Aug 07, 2026 | 1-Day Return as of Aug 07, 2026, 12:11 AM GMT+0

Morningstar’s Analysis CNEYX

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

  • People Pillar

    The People Pillar is our evaluation of the CNEYX 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 CNEYX’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 CNEYX

More CNEYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 63.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

13.73 1M
Technology

Microsoft Corp

7.47 743,495
Technology

Amazon.com Inc

6.48 645,747
Consumer Cyclical

Alphabet Inc Class C

6.06 603,417
Communication Services

Taiwan Semiconductor Manufacturing Co Ltd ADR

5.39 537,290
Technology

Nebius Group NV Shs Class-A-

5.21 518,797
Communication Services

Broadcom Inc

4.97 495,021
Technology

Apple Inc

4.76 474,331
Technology

Western Digital Corp

4.75 472,777
Technology

Anthropic

4.48 446,462
—

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