Skip to Content
Morningstar

Alger Spectra Y ASPYX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 28.66  /  +0.70 %
  • Total Assets 3.5 Bil
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 1.130%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield —
  • Turnover 60%

USD | NAV as of Jul 03, 2024 | 1-Day Return as of Jul 03, 2024, 12:53 AM GMT+0

Morningstar’s Analysis ASPYX

Will ASPYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ASPYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ASPYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ASPYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A much-needed bounceback.

Analyst Andrew Redden

Andrew Redden

Analyst

Summary

Alger Spectra’s seasoned managers give this growth strategy some appeal, but that’s reduced by its fees.

by Andrew Redden
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ASPYX

More ASPYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 58.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

14.60 482.9 Mil
Technology

NVIDIA Corp

10.86 359.1 Mil
Technology

Amazon.com Inc

8.33 275.3 Mil
Consumer Cyclical

Meta Platforms Inc Class A

6.70 221.5 Mil
Communication Services

Apple Inc

5.30 175.3 Mil
Technology

Alphabet Inc Class C

3.04 100.6 Mil
Communication Services

Heico Corp Class A

2.74 90.7 Mil
Industrials

Visa Inc Class A

2.35 77.7 Mil
Financial Services

Natera Inc

2.34 77.2 Mil
Healthcare

Eli Lilly and Co

1.91 63.0 Mil
Healthcare