Morningstar

Alger Spectra A SPECX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 26.91  /  +0.26 %
  • Total Assets 3.4 Bil
  • Adj. Expense Ratio
    1.280%
  • Expense Ratio 1.500%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 60%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 1:15 AM GMT+0

Morningstar’s Analysis SPECX

Will SPECX 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 SPECX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SPECX 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 SPECX’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 SPECX

More SPECX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 63.1
Top 10 Holdings
% Portfolio Weight
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