Alger Dynamic Opportunities Fund Class Z (ADOZX)
| Fund Assets | 370.36M |
| Expense Ratio | 1.75% |
| Min. Investment | $500,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 22.46 |
| YTD Return | 3.11% |
| 1-Year Return | 13.08% |
| 5-Year Return | 44.45% |
| 52-Week Low | 18.67 |
| 52-Week High | 23.14 |
| Beta (5Y) | n/a |
| Holdings | 209 |
| Inception Date | Dec 29, 2010 |
About ADOZX
ADOZX was founded on 2010-12-29. The Fund's investment strategy focuses on Alt Long/Short Eq with 0.68% total expense ratio. The minimum amount to invest in Alger Funds II: Alger Dynamic Opportunities Fund; Class Z Shares is $500,000 on a standard taxable account. Alger Funds II: Alger Dynamic Opportunities Fund; Class Z Shares seeks long-term capital appreciation with emphasis on risk-adjusted returns and lower volatility. ADOZX invests primarily in US and foreign equity securities (i.e., taking long positions). ADOZX also identifies securities that it believes will underperform and will sell these securities short.
Performance
ADOZX had a total return of 13.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.57%.
Top 10 Holdings
38.14% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bill | n/a | 7.60% |
| Dreyfus Treasury Obligations Cash Management | DTRXX | 7.10% |
| TransDigm Group Incorporated | TDG | 3.66% |
| Amazon.com, Inc. | AMZN | 3.62% |
| Netflix, Inc. | NFLX | 3.50% |
| Microsoft Corporation | MSFT | 3.14% |
| Sea Limited | SE | 2.59% |
| FirstService Corporation | FSV | 2.38% |
| Natera, Inc. | NTRA | 2.35% |
| HEICO Corporation | HEI | 2.21% |