Alger Capital Appreciation Institutional Fund Class R (ACARX)

Fund Assets	2.29B
Expense Ratio	1.69%
Min. Investment	$500,000
Turnover	59.80%
Dividend (ttm)	5.74
Dividend Yield	16.00%
Dividend Growth	114.20%
Payout Frequency	Annual
Ex-Dividend Date	Dec 12, 2024

Previous Close	35.63
YTD Return	11.29%
1-Year Return	27.30%
5-Year Return	104.17%
52-Week Low	25.23
52-Week High	39.61
Beta (5Y)	n/a
Holdings	76
Inception Date	Jan 27, 2003

About ACARX

The Alger Capital Appreciation Institutional Fund is a mutual fund focused on achieving long-term capital appreciation. It primarily invests in growth equity securities across various company sizes, leveraging fundamental research to identify companies with strong growth potential. This fund primarily targets sectors such as Technology, Consumer Cyclical, and Communication Services, among others. The Alger Capital Appreciation Institutional Fund is categorized as a Large Growth fund, making it suitable for investors seeking dynamic portfolio growth. Its active management strategy involves a high turnover rate, indicating a proactive approach to capitalizing on market opportunities. Overall, the fund plays a significant role in the financial market by offering investors a diversified equity portfolio with a focus on growth-oriented investments.

• Fund Family: Alger
• Category: Large Growth
• Stock Exchange: NASDAQ
• Ticker Symbol: ACARX
• Share Class: Class R
• Index: Russell 1000 Growth TR

Performance

ACARX had a total return of 27.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.63%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VRGWX	Vanguard	Vanguard Russell 1000 Growth Index Fund Institutional Shares	0.07%
VWUAX	Vanguard	Vanguard U.S. Growth Fund Admiral™ Shares	0.22%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ACAYX	Class Y	0.86%
ACIZX	Class Z-2	0.88%
ALARX	Class I	1.24%

Top 10 Holdings

61.94% of assets

Name	Symbol	Weight
Microsoft Corporation	MSFT	12.89%
NVIDIA Corporation	NVDA	11.32%
Amazon.com, Inc.	AMZN	8.36%
Meta Platforms, Inc.	META	7.31%
Apple Inc.	AAPL	6.51%
AppLovin Corporation	APP	4.10%
Broadcom Inc.	AVGO	3.12%
Netflix, Inc.	NFLX	3.03%
Tesla, Inc.	TSLA	2.67%
Visa Inc.	V	2.62%

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