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
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol ASPYX
Share Class Class Y
Index Russell 3000 Growth TR
ASPYX had a total return of 7.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.01%.
