Alger Concentrated Equity A (CNEAX)

Fund Assets	9.14M
Expense Ratio	0.81%
Min. Investment	$1,000
Turnover	67.58%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	18.02
YTD Return	13.47%
1-Year Return	22.63%
5-Year Return	n/a
52-Week Low	13.62
52-Week High	18.91
Beta (5Y)	n/a
Holdings	30
Inception Date	n/a

About CNEAX

The Alger Concentrated Equity Fund Class A is an actively managed mutual fund focused on achieving long-term capital appreciation through a concentrated portfolio of U.S. large-cap growth stocks. This fund typically invests in a select number of high-conviction holdings, with over 60% of its assets allocated to its top ten positions. The portfolio heavily features leading companies in technology, communication services, and consumer cyclical sectors, including prominent names such as NVIDIA, Amazon, Microsoft, and Meta Platforms. By maintaining a concentrated approach, the fund seeks to capitalize on the strong growth potential of innovative market leaders. With a minimum initial investment requirement and a front-load share class structure, Alger Concentrated Equity Fund Class A attracts investors aiming for targeted exposure to large-cap growth equities. The fund’s performance is measured against benchmarks like the Russell 1000 Growth Index, reflecting its goal of outperforming broader market averages within the growth segment. Its expense ratio is competitive for its category, and it is overseen by an experienced management team at Alger.

• Fund Family: Alger
• Category: Large Growth
• Stock Exchange: NASDAQ
• Ticker Symbol: CNEAX
• Share Class: Class A

Performance

CNEAX had a total return of 22.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 32.50%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
CNEZX	Class Z	0.56%
CNEYX	Class Y	0.56%
CNEIX	Class I	0.81%
CNECX	Class C	1.56%

Top 10 Holdings

64.16% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	14.51%
Microsoft Corporation	MSFT	7.63%
Amazon.com, Inc.	AMZN	7.18%
Alphabet Inc.	GOOG	6.53%
Taiwan Semiconductor Manufacturing Company Limited	TSM	5.77%
Broadcom Inc.	AVGO	5.25%
Western Digital Corporation	WDC	4.48%
Apple Inc.	AAPL	4.44%
Nebius Group N.V.	NBIS	4.34%
Meta Platforms, Inc.	META	4.03%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$1.4947	Dec 17, 2025
Dec 12, 2024	$0.0455	Dec 12, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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