Alger Spectra Fund Class Y (ASPYX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
27.70
+0.52 (1.91%)
Apr 25, 2025, 4:00 PM EDT
10.67% (1Y)
| Fund Assets | 5.23B |
| Expense Ratio | 1.13% |
| Min. Investment | $500,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.85 |
| Dividend Yield | 6.67% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 27.18 |
| YTD Return | -10.04% |
| 1-Year Return | 23.52% |
| 5-Year Return | 87.92% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 136 |
| Inception Date | Dec 4, 2018 |
About ASPYX
The Fund's investment strategy focuses on Capital Apprec with 0.79% total expense ratio. The minimum amount to invest in Alger Funds II: Alger Spectra Fund; Class Y Shares is $500,000 on a standard taxable account. Alger Funds II: Alger Spectra Fund; Class Y Shares seeks long-term capital appreciation. ASPYX invests primarily in the equity securities of companies of any size that it believes demonstrate promising growth potential. ASPYX's management believes companies undergoing Positive Dynamic Change offer the best investment opportunities.
Category Large Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ASPYX
Share Class Class Y
Index Russell 3000 Growth TR
Performance
ASPYX had a total return of 23.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.19%.
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 |