Morningstar

Alger Focus Equity Y ALGYX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 73.38  /  +0.33 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • 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 0.09%
  • Turnover 100%

USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:20 AM GMT+0

Morningstar’s Analysis ALGYX

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

  • People Pillar

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

Alger Focus Equity Y earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ALGYX

More ALGYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

12.76 203.0 Mil
Technology

NVIDIA Corp

12.43 197.8 Mil
Technology

Amazon.com Inc

6.41 102.0 Mil
Consumer Cyclical

Apple Inc

6.00 95.4 Mil
Technology

Meta Platforms Inc Class A

5.86 93.2 Mil
Communication Services

Cash

3.74 59.6 Mil
Cash and Equivalents

Alphabet Inc Class C

3.20 50.9 Mil
Communication Services

AppLovin Corp Ordinary Shares - Class A

3.06 48.7 Mil
Technology

Broadcom Inc

2.89 46.0 Mil
Technology

Heico Corp Class A

2.32 36.9 Mil
Industrials

Sponsor Center