About ASPZX
Alger Spectra Fund Class Z is a mutual fund focused on achieving long-term capital appreciation through investments in equity securities of companies demonstrating strong growth potential. The fund employs a flexible approach, investing across companies of all sizes and sectors, with a particular emphasis on large-cap growth stocks. Its portfolio is heavily allocated to leaders in the technology, consumer cyclical, healthcare, and communication services sectors, featuring prominent names such as Microsoft, NVIDIA, Amazon, Meta Platforms, Apple, and Alphabet. This strategy allows the fund to capture growth opportunities in dynamic and innovative industries. Alger Spectra Fund Class Z is recognized for its research-driven investment process, seeking companies experiencing positive dynamic change. Classified within the "Large Growth" category, it is designed for institutional investors, reflected in its higher minimum investment requirement. The fund has a long-standing presence in the market and plays a significant role for investors seeking exposure to the growth segment of the U.S. equity market, aiming to outperform broader benchmarks through active management and concentrated positions in high-conviction ideas.
Fund Family Alger
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol ASPZX
Share Class Class Z
Index Russell 3000 Growth TR
ASPZX had a total return of 44.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.84%.
