Alger Dynamic Opportunities Fund Class A (SPEDX)
| Fund Assets | 228.18M |
| Expense Ratio | 2.07% |
| Min. Investment | $1,000 |
| Turnover | 376.53% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.09% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 21.28 |
| YTD Return | -3.85% |
| 1-Year Return | 0.58% |
| 5-Year Return | 5.97% |
| 52-Week Low | 20.19 |
| 52-Week High | 23.91 |
| Beta (5Y) | 0.48 |
| Holdings | 242 |
| Inception Date | Nov 2, 2009 |
About SPEDX
Alger Dynamic Opportunities Fund Class A is a mutual fund designed to pursue both capital preservation and long-term appreciation by employing a long-short equity strategy. The fund primarily invests in a diversified portfolio of U.S. and foreign equity securities, including common and preferred stocks as well as convertible securities. It allocates assets across large, mid, and small capitalization companies and may also engage in investments in equity securities not listed on recognized exchanges. The fund actively takes both long positions in stocks the managers believe are poised to rise and short positions in those considered likely to decline, dynamically adjusting exposures based on macroeconomic outlook and bottom-up research. This approach aims to mitigate market risk and volatility, providing a medium risk profile relative to traditional equity funds. As part of the long-short equity category, the fund seeks to benefit from a broad range of market environments while maintaining a relatively low equity beta. Its sector allocations are diverse, typically featuring significant holdings in technology, healthcare, industrials, and consumer discretionary companies, along with a notable allocation to cash. Managed by a team with extensive quantitative and fundamental research expertise, Alger Dynamic Opportunities Fund Class A serves as a versatile option for investors seeking exposure to both upside opportunities and risk management within the equities market.
Performance
SPEDX had a total return of 0.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.05%.
Top 10 Holdings
79.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 44.15% |
| NVIDIA Corporation | NVDA | 5.92% |
| Alphabet Inc. | GOOGL | 5.24% |
| Microsoft Corporation | MSFT | 4.68% |
| Amazon.com, Inc. | AMZN | 4.68% |
| Natera, Inc. | NTRA | 3.99% |
| Netflix, Inc. | NFLX | 3.09% |
| AppLovin Corporation | APP | 3.03% |
| Meta Platforms, Inc. | META | 2.46% |
| Nebius Group N.V. | NBIS | 2.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.0198 | Dec 17, 2025 |
| Dec 15, 2021 | $1.0765 | Dec 15, 2021 |
| Dec 16, 2020 | $0.9516 | Dec 16, 2020 |
| Dec 18, 2019 | $0.5152 | Dec 18, 2019 |
| Dec 18, 2018 | $0.2429 | Dec 18, 2018 |
| Dec 15, 2017 | $0.885 | Dec 15, 2017 |