CNEYX – Alger Concentrated Equity Y Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the manager believes demonstrate promising growth potential. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CNEZX	Alger Concentrated Equity Fund Class Z	Institutional	Open	—		Apr 4, 2024	$9.88M	0.560%	Below Average	$500,000	$1.69M
CNEIX	Alger Concentrated Equity Fund Class I	Institutional	Open	—		Apr 4, 2024	$245,546.00	0.810%	Above Average	$0	$38,868.79
CNEYX	Alger Concentrated Equity Fund Class Y	Institutional	Open	—		Apr 4, 2024	$205,699.00	0.560%	Below Average	$500,000	$1,440.25
CNEAX	Alger Concentrated Equity Fund Class A	Front Load	Open	—		Apr 4, 2024	$339,103.00	0.810%	Low	$1,000	$106,782.67
CNECX	Alger Concentrated Equity Fund Class C	Level Load	Open	—		Apr 4, 2024	$206,599.00	1.560%	Below Average	$1,000	$15,612.31

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