Alger Capital Appreciation Institutional Fund Class R (ACARX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
28.42
+0.94 (3.42%)
Apr 24, 2025, 4:00 PM EDT
-0.21% (1Y)
| Fund Assets | 3.90B |
| Expense Ratio | 1.69% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 5.74 |
| Dividend Yield | 20.20% |
| Dividend Growth | 114.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 27.48 |
| YTD Return | -11.82% |
| 1-Year Return | 17.04% |
| 5-Year Return | 88.21% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Jan 27, 2003 |
About ACARX
The Fund's investment strategy focuses on Capital Apprec with 1.58% total expense ratio. The minimum amount to invest in Alger Institutional Funds: Alger Capital Appreciation Institutional Fund; Class R Shares is $0 on a standard taxable account. Alger Institutional Funds: Alger Capital Appreciation Institutional Fund; Class R Shares seeks long-term capital appreciation by investing in a diversified, actively managed portfolio of equity securities of companies of any size.
Category Large Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ACARX
Share Class Class R
Index Russell 1000 Growth TR
Performance
ACARX had a total return of 17.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.57%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
| FBGKX | Fidelity | Fidelity Blue Chip Growth Fund - Class K | 0.59% |
Top 10 Holdings
64.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 12.05% |
| NVIDIA Corporation | NVDA | 10.92% |
| Amazon.com, Inc. | AMZN | 9.39% |
| Meta Platforms, Inc. | META | 7.92% |
| Apple Inc. | AAPL | 6.20% |
| AppLovin Corporation | APP | 5.50% |
| Broadcom Inc. | AVGO | 3.24% |
| Tesla, Inc. | TSLA | 3.22% |
| Netflix, Inc. | NFLX | 2.85% |
| Alphabet Inc. | GOOG | 2.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $5.7405 | Dec 12, 2024 |
| Dec 14, 2023 | $2.680 | Dec 14, 2023 |
| Dec 15, 2022 | $0.9783 | Dec 15, 2022 |
| Dec 15, 2021 | $7.9966 | Dec 15, 2021 |
| Dec 18, 2019 | $3.5672 | Dec 18, 2019 |
| Dec 18, 2018 | $3.5481 | Dec 18, 2018 |