Alger Spectra Fund Class I (ASPIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
33.44
-0.92 (-2.68%)
Aug 1, 2025, 4:00 PM EDT
-2.68%
Fund Assets3.94B
Expense Ratio1.50%
Min. Investment$0.00
Turnover49.26%
Dividend (ttm)1.85
Dividend Yield5.46%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close34.36
YTD Return15.75%
1-Year Return38.77%
5-Year Return81.82%
52-Week Low22.72
52-Week High34.36
Beta (5Y)n/a
Holdings120
Inception DateSep 24, 2008

About ASPIX

Alger Spectra Fund Class I is a mutual fund focused on long-term capital appreciation through investments in equity securities of U.S. companies that demonstrate strong growth potential. Employing a large-growth investment style, this fund is managed by seasoned professionals who leverage fundamental research to identify firms experiencing dynamic positive changes within their business models or industries. Its diversified portfolio spans companies of any size, but it maintains a significant emphasis on large-cap businesses positioned to outpace the broader market in terms of earnings and revenue growth. The fund's holdings are notably concentrated in major technology, communication services, consumer cyclical, and healthcare firms, with leaders like Microsoft, NVIDIA, Amazon.com, Meta Platforms, and Apple comprising a substantial portion of its assets. Reflecting its active management approach, the fund exhibits a higher portfolio turnover rate and allocates a significant portion of its assets to its top holdings. As part of the large growth category, Alger Spectra Fund Class I plays a prominent role for institutional and individual investors seeking exposure to innovative and expanding sectors of the U.S. equity market. Its structure and strategy underscore its objective of capturing growth opportunities across diverse industries while managing the unique risks associated with this focus.

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

Performance

ASPIX had a total return of 38.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.60%.

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%
SPECXClass A1.52%
ASPCXClass C2.25%

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%
View More Holdings

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