Alger Capital Appreciation Instl Y (ACAYX)

Fund Assets	3.45B
Expense Ratio	0.87%
Min. Investment	$500,000
Turnover	77.42%
Dividend (ttm)	3.81
Dividend Yield	5.86%
Dividend Growth	-33.63%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	64.17
YTD Return	13.58%
1-Year Return	24.48%
5-Year Return	123.92%
52-Week Low	49.16
52-Week High	67.39
Beta (5Y)	0.97
Holdings	94
Inception Date	Feb 28, 2017

About ACAYX

Alger Capital Appreciation Institutional Fund Class Y is an actively managed mutual fund focused on achieving long-term capital appreciation by investing predominantly in growth-oriented equity securities. The fund's strategy centers on identifying companies—across all market capitalizations—that exhibit promising growth potential, utilizing the firm's fundamental research process. Typically, it allocates at least 85% of its net assets to these equities, offering diversified sector and industry exposure within the growth category. The portfolio typically includes around 70–74 holdings, with a notable concentration in large-cap U.S. stocks and a significant proportion of assets often allocated to leading technology and consumer services companies. The fund benchmarks its performance against major indices such as the Russell 1000 Growth Index and the S&P 500 Total Return Index, underscoring its commitment to capital growth over time. Managed by Fred Alger Management, LLC, this institutional share class is designed for investors seeking exposure to dynamic growth opportunities through a disciplined, research-driven equity selection approach, playing a significant role in the large growth segment of the mutual fund market.

• Fund Family: Alger
• Category: Large Growth
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: ACAYX
• Share Class: Class Y
• Index: Russell 1000 Growth TR

Performance

ACAYX had a total return of 24.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.58%.

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	0.06%
VWUAX	Vanguard	Vanguard US Growth Admiral™	0.25%

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	1.25%
ACARX	Class R	1.70%

Top 10 Holdings

59.12% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	11.72%
Microsoft Corporation	MSFT	7.83%
Amazon.com, Inc.	AMZN	6.45%
Apple Inc.	AAPL	5.39%
Taiwan Semiconductor Manufacturing Company Limited	TSM	5.19%
Nebius Group N.V.	NBIS	4.91%
Alphabet Inc.	GOOG	4.85%
Broadcom Inc.	AVGO	4.28%
Western Digital Corporation	WDC	4.27%
Meta Platforms, Inc.	META	4.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$3.8102	Dec 17, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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