Alger Dynamic Opportunities Fund Class Z (ADOZX)
| Fund Assets | 222.72M |
| Expense Ratio | 1.75% |
| Min. Investment | $500,000 |
| Turnover | 376.53% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 0.43% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 24.15 |
| YTD Return | 3.75% |
| 1-Year Return | 12.30% |
| 5-Year Return | 22.40% |
| 52-Week Low | 21.51 |
| 52-Week High | 24.31 |
| Beta (5Y) | n/a |
| Holdings | 219 |
| Inception Date | Dec 29, 2010 |
About ADOZX
Alger Dynamic Opportunities Fund Class Z is a long-short equity mutual fund designed to achieve long-term capital appreciation with a focus on risk-adjusted returns and lower volatility. Managed by seasoned professionals, the fund employs a hedged equity strategy that invests primarily in both U.S. and international equity securities, taking long positions in companies with strong growth prospects and short positions in securities expected to underperform. This flexible approach allows the fund to adapt its net market exposure based on prevailing market conditions, aiming to capture upside potential while mitigating downside risks. The portfolio typically features a blend of large- and mid-cap stocks across various sectors, with notable holdings recently including technology leaders like NVIDIA, Microsoft, and Amazon, as well as significant allocations to cash to maintain flexibility. The fund is classified within the long-short equity category and is tailored for institutional investors, evidenced by its high minimum initial investment and competitive expense ratio. Since its inception in 2010, Alger Dynamic Opportunities Fund Class Z has played a significant role for investors seeking diversified equity exposure with active risk management in fluctuating market environments.
Performance
ADOZX had a total return of 12.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.68%.
Top 10 Holdings
73.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 47.82% |
| NVIDIA Corporation | NVDA | 4.46% |
| Johnson & Johnson | JNJ | 3.27% |
| Amazon.com, Inc. | AMZN | 3.18% |
| Nebius Group N.V. | NBIS | 2.97% |
| Alphabet Inc. | GOOGL | 2.90% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.85% |
| GE Vernova Inc. | GEV | 1.92% |
| Tenet Healthcare Corporation | THC | 1.84% |
| Natera, Inc. | NTRA | 1.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.1033 | Dec 17, 2025 |
| Dec 15, 2021 | $1.0765 | Dec 15, 2021 |
| Dec 16, 2020 | $0.9516 | Dec 16, 2020 |
| Dec 18, 2019 | $0.5152 | Dec 18, 2019 |
| Dec 18, 2018 | $0.2429 | Dec 18, 2018 |
| Dec 15, 2017 | $0.885 | Dec 15, 2017 |