Alger Capital Appreciation Fund Class C (ALCCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.65
+0.10 (0.54%)
Jun 27, 2025, 4:00 PM EDT
2.70%
Fund Assets 2.06B
Expense Ratio 1.97%
Min. Investment $1,000
Turnover 60.48%
Dividend (ttm) 4.35
Dividend Yield 23.43%
Dividend Growth 139.19%
Payout Frequency Annual
Ex-Dividend Date Dec 12, 2024
Previous Close 18.55
YTD Return 11.88%
1-Year Return 28.71%
5-Year Return 102.96%
52-Week Low 13.02
52-Week High 21.89
Beta (5Y) n/a
Holdings 75
Inception Date Aug 1, 1997

About ALCCX

Alger Capital Appreciation Fund Class C is a mutual fund focused on achieving long-term capital appreciation by investing primarily in growth-oriented equity securities. The fund targets companies of any market capitalization that exhibit innovative business models, accelerating demand, and increasing market share. It employs a fundamental research approach to identify promising growth stocks, often allocating significant weight to leaders in the technology, consumer cyclical, and communication services sectors. Notable holdings include major firms such as Microsoft, NVIDIA, Amazon.com, Meta Platforms, Apple, and Alphabet, reflecting its emphasis on large, influential growth companies. The fund typically invests at least 85% of its net assets in equities and maintains a high concentration in its top holdings, illustrating a conviction-driven investment style. With a relatively high portfolio turnover, the fund is actively managed to capitalize on evolving market opportunities, making it a prominent participant in the large growth mutual fund category.

Fund Family Alger
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol ALCCX
Share Class Class C
Index Russell 1000 Growth TR

Performance

ALCCX had a total return of 28.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.32%.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FLGEX Fidelity Fidelity Large Cap Growth Enhanced Index Fund 0.39%
FBCGX Fidelity Fidelity Blue Chip Growth K6 Fund 0.46%
FHOFX Fidelity Fidelity Series Large Cap Growth Index Fund n/a
FBGRX Fidelity Fidelity Blue Chip Growth Fund 0.69%
FBGKX Fidelity Fidelity Blue Chip Growth Fund - Class K 0.59%

Other Share Classes

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

Symbol Share Class Expense Ratio
ACAZX Class Z 0.88%
ACAAX Class A 1.26%

Top 10 Holdings

62.52% of assets
Name Symbol Weight
Microsoft Corporation MSFT 13.25%
NVIDIA Corporation NVDA 11.48%
Amazon.com, Inc. AMZN 8.56%
Meta Platforms, Inc. META 7.31%
Apple Inc. AAPL 6.43%
AppLovin Corporation APP 4.13%
Broadcom Inc. AVGO 3.10%
Netflix, Inc. NFLX 2.92%
Visa Inc. V 2.68%
Tesla, Inc. TSLA 2.67%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 12, 2024 $4.3459 Dec 12, 2024
Dec 14, 2023 $1.8169 Dec 14, 2023
Dec 15, 2022 $0.8384 Dec 15, 2022
Dec 18, 2019 $2.2013 Dec 18, 2019
Dec 18, 2018 $2.5393 Dec 18, 2018
Dec 18, 2013 $1.5345 Dec 18, 2013
Full Dividend History