Alger Capital Appreciation Institutional Fund Class Y (ACAYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

41.69

+0.77 (1.88%)

Apr 25, 2025, 4:00 PM EDT

7.34% (1Y)

Fund Assets	3.90B
Expense Ratio	0.86%
Min. Investment	$500,000
Turnover	n/a
Dividend (ttm)	5.74
Dividend Yield	13.77%
Dividend Growth	114.20%
Payout Frequency	Annual
Ex-Dividend Date	Dec 12, 2024

Previous Close	40.92
YTD Return	-9.92%
1-Year Return	33.20%
5-Year Return	124.60%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	n/a
Holdings	74
Inception Date	Feb 28, 2017

About ACAYX

The Fund's investment strategy focuses on Capital Apprec with 0.75% total expense ratio. The minimum amount to invest in Alger Institutional Funds: Alger Capital Appreciation Institutional Fund; Class Y Shares is $500,000 on a standard taxable account. Alger Institutional Funds: Alger Capital Appreciation Institutional Fund; Class Y 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 Above Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol ACAYX

Share Class Class Y

Index Russell 1000 Growth TR

Performance

ACAYX had a total return of 33.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.74%.

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
ACIZX	Class Z-2	0.88%
ALARX	Class I	1.24%
ACARX	Class R	1.69%

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%

View More Holdings

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

Full Dividend History