Alger AI Enablers & Adopters Fund Z (AAIZX)
15.08
-0.07
(-0.46%)
USD |
Jul 08 2025
Key Stats
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Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
---|---|---|---|
0.55% | 8.217M | 0.25% | 97.00% |
1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
2.505M | 32.81% | 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 Tech |
Peer Group | Global Science/Technology Funds |
Global Macro | Equity Industry Sector |
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
-40.47M
Peer Group Low
198.10M
Peer Group High
1 Year
% Rank:
30
2.505M
-569.49M
Peer Group Low
1.047B
Peer Group High
3 Months
% Rank:
32
-1.337B
Peer Group Low
1.753B
Peer Group High
3 Years
% Rank:
31
-1.766B
Peer Group Low
2.649B
Peer Group High
6 Months
% Rank:
36
-230.50M
Peer Group Low
1.824B
Peer Group High
5 Years
% Rank:
54
-2.665B
Peer Group Low
8.801B
Peer Group High
YTD
% Rank:
36
-230.50M
Peer Group Low
1.824B
Peer Group High
10 Years
% Rank:
73
-2.937B
Peer Group Low
10.54B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of July 09, 2025.
Asset Allocation
As of May 31, 2025.
Type | % Net |
---|---|
Cash | 1.58% |
Stock | 92.67% |
Bond | 0.00% |
Convertible | 0.00% |
Preferred | 5.75% |
Other | 0.00% |
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
NVIDIA Corp | 13.62% | 163.30 | 2.07% |
Amazon.com Inc | 9.71% | 222.46 | 1.41% |
Microsoft Corp | 8.77% | 500.85 | 0.85% |
Meta Platforms Inc | 6.80% | 735.36 | 2.04% |
AppLovin Corp | 4.91% | 358.80 | 4.08% |
Talen Energy Corp | 4.60% | 276.57 | -0.32% |
SB Technology Inc PFD
|
3.60% | -- | -- |
Taiwan Semiconductor Manufacturing Co Ltd | 3.58% | 232.23 | 1.92% |
Vistra Corp | 2.91% | 198.21 | 4.22% |
Tesla Inc | 2.87% | 295.34 | -0.83% |
Fees & Availability
Fees | |
Actual 12B-1 Fee | -- |
Actual Management Fee | 0.06% |
Administration Fee | 514.0% |
Maximum Front Load | -- |
Maximum Deferred Load | -- |
Maximum Redemption Fee | -- |
General Availability | |
Available for Insurance Product | -- |
Available for RRSP | -- |
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 Tech |
Peer Group | Global Science/Technology Funds |
Global Macro | Equity Industry Sector |
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 (7-8-25) | 0.00% |
30-Day SEC Yield | -- |
7-Day SEC Yield | -- |
Stock | |
Weighted Average PE Ratio | 40.35 |
Weighted Average Price to Sales Ratio | 11.63 |
Weighted Average Price to Book Ratio | 14.04 |
Weighted Median ROE | 44.27% |
Weighted Median ROA | 21.44% |
ROI (TTM) | 27.66% |
Return on Investment (TTM) | 27.66% |
Earning Yield | 0.0292 |
LT Debt / Shareholders Equity | 0.8031 |
As of May 31, 2025
Growth Metrics
EPS Growth (1Y) | 54.44% |
EPS Growth (3Y) | 42.16% |
EPS Growth (5Y) | 44.51% |
Sales Growth (1Y) | 32.62% |
Sales Growth (3Y) | 22.07% |
Sales Growth (5Y) | 28.40% |
Sales per Share Growth (1Y) | 46.47% |
Sales per Share Growth (3Y) | 21.57% |
Operating Cash Flow - Growth Ratge (3Y) | 50.45% |
As of May 31, 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:AAIZX", "name") |
Broad Asset Class: =YCI("M:AAIZX", "broad_asset_class") |
Broad Category: =YCI("M:AAIZX", "broad_category_group") |
Prospectus Objective: =YCI("M:AAIZX", "prospectus_objective") |
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |