Alger Spectra Fund Class C (ASPCX)
| Fund Assets | 3.14B |
| Expense Ratio | 2.25% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.85 |
| Dividend Yield | 9.29% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 19.92 |
| YTD Return | -10.57% |
| 1-Year Return | 15.53% |
| 5-Year Return | 62.99% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 136 |
| Inception Date | Jul 28, 1969 |
About ASPCX
The Fund's investment strategy focuses on Capital Apprec with 1.9% total expense ratio. The minimum amount to invest in Alger Funds II: Alger Spectra Fund; Class C Shares is $1,000 on a standard taxable account. Alger Funds II: Alger Spectra Fund; Class C Shares seeks long-term capital appreciation. ASPCX invests primarily in the equity securities of companies of any size that it believes demonstrate promising growth potential. ASPCX's management believes companies undergoing Positive Dynamic Change offer the best investment opportunities.
Performance
ASPCX had a total return of 15.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.02%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| EPGAX | Fidelity | Fidelity Advisor Equity Growth Fund - Class A | 0.92% |
| EQPGX | Fidelity | Fidelity Advisor Equity Growth Fund - Class I | 0.67% |
| EPGCX | Fidelity | Fidelity Advisor Equity Growth Fund - Class C | 1.67% |
| FMFMX | Fidelity | Fidelity Advisor Series Equity Growth Fund | 0.01% |
| FAEGX | Fidelity | Fidelity Advisor Equity Growth Fund - Class M | 1.17% |
Top 10 Holdings
63.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 12.31% |
| NVIDIA Corporation | NVDA | 11.43% |
| Amazon.com, Inc. | AMZN | 9.51% |
| Meta Platforms, Inc. | META | 8.07% |
| Apple Inc. | AAPL | 6.33% |
| AppLovin Corporation | APP | 4.93% |
| Broadcom Inc. | AVGO | 3.41% |
| Tesla, Inc. | TSLA | 3.12% |
| GFL Environmental Inc. | GFL | 2.34% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.8466 | Dec 12, 2024 |
| Dec 15, 2022 | $0.3918 | Dec 15, 2022 |
| Dec 15, 2021 | $8.4343 | Dec 15, 2021 |
| Dec 18, 2019 | $1.6165 | Dec 18, 2019 |
| Dec 18, 2018 | $2.2019 | Dec 18, 2018 |
| Dec 15, 2017 | $1.2623 | Dec 15, 2017 |