Alger Concentrated Equity Fund Y (CNEYX)
12.27
-0.03
(-0.24%)
USD |
Mar 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| -- | -- | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | -- | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund Seeks long-term capital appreciation. The Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies, have total market capitalization included within the Russell 1000 Growth Index, that the Manager believes promising growth potential. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US |
| Peer Group | Large-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Large-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
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Peer Group Low
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1 Year
% Rank:
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Peer Group High
3 Months
% Rank:
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Peer Group Low
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Peer Group High
3 Years
% Rank:
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Peer Group Low
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Peer Group High
6 Months
% Rank:
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Peer Group Low
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Peer Group High
5 Years
% Rank:
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Peer Group High
YTD
% Rank:
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Peer Group High
10 Years
% Rank:
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Peer Group Low
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Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 05, 2025.
Asset Allocation
As of January 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.48% |
| Stock | 99.52% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NVIDIA Corp | 12.12% | 114.72 | -1.09% |
| Microsoft Corp | 10.51% | 390.94 | 0.60% |
| Amazon.com Inc | 10.04% | 204.20 | 0.20% |
| Meta Platforms Inc | 7.40% | 638.77 | -0.19% |
| AppLovin Corp | 5.36% | 311.99 | -4.64% |
| Apple Inc | 4.95% | 229.46 | -2.74% |
| Taiwan Semiconductor Manufacturing Co Ltd | 4.01% | 182.12 | 1.18% |
| Broadcom Inc | 4.00% | 187.57 | 0.05% |
| Tesla Inc | 3.92% | 268.42 | -1.33% |
| GFL Environmental Inc | 3.37% | 46.86 | 2.94% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.06% |
| Administration Fee | 32.00% |
| 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, plus any borrowings for investment purposes, in equity securities of large-cap companies, have total market capitalization included within the Russell 1000 Growth Index, that the Manager believes promising growth potential. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US |
| Peer Group | Large-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Large-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM | -- |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | -- |
| Weighted Average Price to Book Ratio | -- |
| Weighted Median ROE | -- |
| Weighted Median ROA | -- |
| ROI (TTM) | -- |
| Return on Investment (TTM) | -- |
| Earning Yield | -- |
| LT Debt / Shareholders Equity | -- |
Growth Metrics
| EPS Growth (1Y) | 43.86% |
| EPS Growth (3Y) | 24.51% |
| EPS Growth (5Y) | 26.02% |
| Sales Growth (1Y) | 25.45% |
| Sales Growth (3Y) | 23.40% |
| Sales Growth (5Y) | 23.39% |
| Sales per Share Growth (1Y) | 24.54% |
| Sales per Share Growth (3Y) | 19.95% |
| Operating Cash Flow - Growth Ratge (3Y) | 29.80% |
As of January 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:CNEYX", "name") |
| Broad Asset Class: =YCI("M:CNEYX", "broad_asset_class") |
| Broad Category: =YCI("M:CNEYX", "broad_category_group") |
| Prospectus Objective: =YCI("M:CNEYX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |