Alger Spectra Fund Class C (ASPCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
25.52
-0.69 (-2.63%)
Aug 1, 2025, 4:00 PM EDT
-2.63%
Fund Assets3.94B
Expense Ratio2.25%
Min. Investment$1,000
Turnover49.26%
Dividend (ttm)1.85
Dividend Yield7.16%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close26.21
YTD Return14.80%
1-Year Return37.23%
5-Year Return69.92%
52-Week Low17.37
52-Week High26.21
Beta (5Y)n/a
Holdings120
Inception DateJul 28, 1969

About ASPCX

Alger Spectra Fund Class C is an open-end mutual fund that focuses on long-term capital appreciation through investments in equity securities of companies of any size with strong growth prospects. Actively managed by Fred Alger Management, LLC, the fund employs a flexible mandate, enabling allocations across small, mid, and large-cap stocks, and often concentrates holdings in sectors such as information technology, consumer discretionary, and healthcare to capitalize on dynamic growth trends. The fund typically maintains a diversified portfolio, holding over 130 securities, with a significant portion of assets in the top ten holdings, reflecting a conviction-driven approach. Alger Spectra Fund Class C benchmarks itself against the Russell 3000 Growth Index and the S&P 500 Index, underscoring its orientation toward leading U.S. growth equities. With a history dating back to 1968, the fund has established a notable presence in the large growth category, targeting companies undergoing positive dynamic change. Its strategy appeals to investors seeking exposure to innovative and expanding businesses within the equity markets.

Fund Family Alger
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol ASPCX
Share Class Class C
Index Russell 3000 Growth TR

Performance

ASPCX had a total return of 37.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.49%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
EPGAXFidelityFidelity Advisor Equity Growth Fund - Class A0.92%
EQPGXFidelityFidelity Advisor Equity Growth Fund - Class I0.67%
EPGCXFidelityFidelity Advisor Equity Growth Fund - Class C1.67%
FMFMXFidelityFidelity Advisor Series Equity Growth Fund0.01%
FAEGXFidelityFidelity Advisor Equity Growth Fund - Class M1.17%

Other Share Classes

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

SymbolShare ClassExpense Ratio
ASPYXClass Y1.13%
ASPZXClass Z1.19%
ASPIXClass I1.50%
SPECXClass A1.52%

Top 10 Holdings

63.70% of assets
NameSymbolWeight
Microsoft CorporationMSFT13.67%
NVIDIA CorporationNVDA11.97%
Amazon.com, Inc.AMZN8.77%
Meta Platforms, Inc.META7.57%
Apple Inc.AAPL6.77%
AppLovin CorporationAPP4.14%
GFL Environmental Inc.GFL3.18%
Tesla, Inc.TSLA2.75%
Netflix, Inc.NFLX2.60%
Broadcom Inc.AVGO2.28%

Dividend History

Ex-DividendAmountPay Date
Dec 12, 2024$1.8466Dec 12, 2024
Dec 15, 2022$0.3918Dec 15, 2022
Dec 15, 2021$8.4343Dec 15, 2021
Dec 18, 2019$1.6165Dec 18, 2019
Dec 18, 2018$2.2019Dec 18, 2018
Dec 15, 2017$1.2623Dec 15, 2017
Full Dividend History