About SPEGX
Alger Responsible Investing Fund Class A is an actively managed mutual fund focused on long-term capital appreciation through responsible investing. The fund primarily allocates at least 80% of its net assets to U.S. large-cap growth equities, targeting companies that demonstrate both strong financial prospects and leadership in environmental, social, and governance (ESG) practices. Its sustainable investment strategy shapes exposure to certain issuers, industries, and sectors, typically favoring those with positive ESG characteristics. The portfolio is notably concentrated, with a substantial portion invested in leading technology and consumer companies such as Microsoft, NVIDIA, Amazon, and Apple, which together account for a significant percentage of total assets. Since its inception in 2000, the fund has aimed to combine financial performance with responsible stewardship, appealing to investors who prioritize sustainability alongside growth potential in the U.S. equity market.
Fund Family Alger
Category Large-Cap Growth
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SPEGX
Share Class Class A
Index Russell 1000 Growth TR
SPEGX had a total return of 11.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.08%.
