Alger Spectra Y (ASPYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
36.52
-0.93 (-2.48%)
Aug 19, 2025, 4:00 PM EDT
-2.48%
Fund Assets4.10B
Expense Ratio1.13%
Min. Investment$500,000
Turnover49.26%
Dividend (ttm)1.85
Dividend Yield5.06%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend DateDec 12, 2024
Previous Close37.45
YTD Return18.61%
1-Year Return44.49%
5-Year Return94.55%
52-Week Low24.14
52-Week High37.79
Beta (5Y)n/a
Holdings114
Inception DateDec 4, 2018

About ASPYX

Alger Spectra Fund Class Y is an actively managed mutual fund designed to seek long-term capital appreciation by investing primarily in equity securities of U.S. companies across all market capitalizations. The fund targets businesses identified through fundamental research as having strong growth potential, with a particular focus on firms undergoing positive dynamic change. As a large growth fund, it allocates a significant portion of its assets to industry leaders in technology, consumer cyclical, communication services, and healthcare sectors. Notable holdings include major companies such as Microsoft, NVIDIA, Amazon, Meta Platforms, and Apple, which collectively represent a substantial share of the portfolio. The fund typically holds over 100 securities, with a concentrated top-ten allocation, and emphasizes flexibility in company size selection to capture diverse growth opportunities. Alger Spectra Fund Class Y caters to institutional investors, offering exposure to innovative and rapidly expanding segments of the U.S. equity market, and plays a significant role in portfolios seeking broad growth exposure through active management and sector diversification.

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

Performance

ASPYX had a total return of 44.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.27%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
ASPZXClass Z1.19%
ASPIXClass I1.50%
SPECXClass A1.52%
ASPCXClass C2.25%

Top 10 Holdings

64.04% of assets
NameSymbolWeight
Microsoft CorporationMSFT13.89%
NVIDIA CorporationNVDA12.85%
Amazon.com, Inc.AMZN8.50%
Meta Platforms, Inc.META7.78%
Apple Inc.AAPL5.58%
AppLovin CorporationAPP4.88%
Tesla, Inc.TSLA3.00%
GFL Environmental Inc.GFL2.80%
Netflix, Inc.NFLX2.42%
Broadcom Inc.AVGO2.33%
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
Full Dividend History