Alger Concentrated Equity C (CNECX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

17.89

+0.30 (1.71%)

At close: Aug 27, 2026

11.05% (1Y)

Fund Assets	9.14M
Expense Ratio	1.56%
Min. Investment	$1,000
Turnover	67.58%
Dividend (ttm)	1.49
Dividend Yield	8.45%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	17.59
YTD Return	12.90%
1-Year Return	20.09%
5-Year Return	n/a
52-Week Low	13.40
52-Week High	18.58
Beta (5Y)	n/a
Holdings	30
Inception Date	n/a

About CNECX

Alger Concentrated Equity Fund Class C is a mutual fund that focuses on investing at least 80% of its net assets in equity securities of large-cap companies with strong growth potential. The fund maintains a concentrated portfolio with typically no more than 30 holdings, emphasizing high-conviction investments in a smaller number of issuers. It targets sectors driven by innovation and technological advancement, with major holdings often including leading companies in the tech and consumer sectors. The fund aims for long-term capital appreciation by selecting companies it believes have promising growth trajectories. It employs a unique approach to portfolio transparency, providing a verified intraday indicative value rather than daily disclosure of holdings, which distinguishes it from traditional ETFs. This fund plays a role in offering investors concentrated exposure to growth-oriented large-cap equities while balancing the risks associated with a focused portfolio strategy.

Fund Family Alger

Category Large Growth

Stock Exchange NASDAQ

Ticker Symbol CNECX

Share Class Class C

Performance

CNECX had a total return of 20.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 31.44%.

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%
CNEAX	Class A	0.81%

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%

View More Holdings

Dividend History

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

Full Dividend History