Alger AI Enablers & Adopters Fund Y (AAIYX)
18.53
+0.17
(+0.93%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.66% | 19.36M | 0.27% | 97.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 11.01M | 37.08% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund Seeks long-term capital appreciation. The Fund invests at least 80% of its net assets, borrowings for investment purposes, in equity securities of companies of any market capitalization that believes will benefit from AI, demonstrate growth potential, & companies where AI can play a role in driving stock price. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Information Technology |
| Peer Group | Global Science/Technology Funds |
| Global Macro | -- |
| US Macro | World Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global Science/Technology Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
31
-42.11M
Peer Group Low
756.05M
Peer Group High
1 Year
% Rank:
36
11.01M
-520.33M
Peer Group Low
7.239B
Peer Group High
3 Months
% Rank:
35
-252.22M
Peer Group Low
5.159B
Peer Group High
3 Years
% Rank:
39
-1.502B
Peer Group Low
7.285B
Peer Group High
6 Months
% Rank:
38
-421.77M
Peer Group Low
5.595B
Peer Group High
5 Years
% Rank:
54
-2.705B
Peer Group Low
9.832B
Peer Group High
YTD
% Rank:
37
-439.54M
Peer Group Low
7.221B
Peer Group High
10 Years
% Rank:
76
-3.178B
Peer Group Low
12.52B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.11% |
| Stock | 95.51% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 4.38% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NVIDIA Corp. | 12.62% | 181.54 | -1.00% |
| Microsoft Corp. | 9.62% | 481.89 | 0.22% |
| Meta Platforms, Inc. | 8.16% | 672.82 | 1.71% |
| Amazon.com, Inc. | 5.63% | 229.70 | 0.26% |
| Nebius Group NV | 5.47% | 97.81 | -4.85% |
| Taiwan Semiconductor Manufacturing Co., Ltd. | 4.78% | 295.07 | 0.73% |
| Applovin Corp. | 4.45% | 685.61 | 0.27% |
| Alphabet, Inc. | 3.85% | 321.18 | 0.88% |
| Broadcom Inc. | 3.42% | 389.10 | 2.12% |
| Tesla, Inc. | 3.07% | 454.77 | 0.05% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.06% |
| Administration Fee | 33.00% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund Seeks long-term capital appreciation. The Fund invests at least 80% of its net assets, borrowings for investment purposes, in equity securities of companies of any market capitalization that believes will benefit from AI, demonstrate growth potential, & companies where AI can play a role in driving stock price. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Information Technology |
| Peer Group | Global Science/Technology Funds |
| Global Macro | -- |
| US Macro | World Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global Science/Technology Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 57 |
| Stock | |
| Weighted Average PE Ratio | 44.98 |
| Weighted Average Price to Sales Ratio | 13.91 |
| Weighted Average Price to Book Ratio | 14.65 |
| Weighted Median ROE | 38.16% |
| Weighted Median ROA | 21.85% |
| ROI (TTM) | 27.02% |
| Return on Investment (TTM) | 27.02% |
| Earning Yield | 0.0258 |
| LT Debt / Shareholders Equity | 0.7995 |
| Number of Equity Holdings | 56 |
As of September 30, 2025
Growth Metrics
| EPS Growth (1Y) | 46.95% |
| EPS Growth (3Y) | 34.50% |
| EPS Growth (5Y) | 41.35% |
| Sales Growth (1Y) | 37.62% |
| Sales Growth (3Y) | 17.15% |
| Sales Growth (5Y) | 23.30% |
| Sales per Share Growth (1Y) | 105.8% |
| Sales per Share Growth (3Y) | 16.68% |
| Operating Cash Flow - Growth Rate (3Y) | 44.42% |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:AAIYX", "name") |
| Broad Asset Class: =YCI("M:AAIYX", "broad_asset_class") |
| Broad Category: =YCI("M:AAIYX", "broad_category_group") |
| Prospectus Objective: =YCI("M:AAIYX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |