Alger AI Enablers & Adopters Y (AAIYX)
| Fund Assets | 20.00M |
| Expense Ratio | 0.66% |
| Min. Investment | $500,000 |
| Turnover | 173.58% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 6.66% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 16.35 |
| YTD Return | -5.16% |
| 1-Year Return | 21.10% |
| 5-Year Return | n/a |
| 52-Week Low | 9.59 |
| 52-Week High | 18.38 |
| Beta (5Y) | n/a |
| Holdings | 64 |
| Inception Date | n/a |
About AAIYX
Alger AI Enablers & Adopters Y is an actively managed mutual fund that focuses on companies positioned to benefit from the advancement and adoption of artificial intelligence technologies. The fund seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of businesses across all market capitalizations that either enable, adopt, or stand to benefit significantly from AI-driven transformation. It emphasizes large growth companies within the technology sector, but also holds positions in industries such as communication services, consumer cyclical, and industrials, reflecting the broad impact of AI across the global economy. The portfolio is relatively concentrated, with a significant portion of assets allocated to its top holdings, including major tech innovators and adopters. By targeting firms where AI is expected to materially influence business performance over the next several years, Alger AI Enablers & Adopters Y plays a vital role in connecting investors with the forefront of digital innovation and transformation within the equity markets.
Performance
AAIYX had a total return of 21.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 40.90%.
Top 10 Holdings
58.43% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.24% |
| Microsoft Corporation | MSFT | 9.91% |
| Amazon.com, Inc. | AMZN | 5.62% |
| Meta Platforms, Inc. | META | 5.53% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 4.91% |
| Alphabet Inc. | GOOG | 4.08% |
| Apple Inc. | AAPL | 3.95% |
| Nebius Group N.V. | NBIS | 3.89% |
| Broadcom Inc. | AVGO | 3.72% |
| Tesla, Inc. | TSLA | 3.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $1.0896 | Dec 17, 2025 |
| Dec 12, 2024 | $0.2892 | Dec 12, 2024 |