Alger Concentrated is trading at 13.38 as of the 17th of January 2025; that is 0.53 percent increase since the beginning of the trading day. The fund's open price was 13.31. Alger Concentrated has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 28th of January 2023 and ending today, the 17th of January 2025. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the manager believes demonstrate promising growth potential. The fund is non-diversified. More on Alger Concentrated Equity
Alger Concentrated Equity [CNEIX] is traded in USA and was established 17th of January 2025. Alger Concentrated is listed under Alger category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Alger family. Alger Concentrated Equity currently has accumulated 4.32 M in assets under management (AUM) with no minimum investment requirements
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Other Information on Investing in Alger Mutual Fund
Alger Concentrated financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Concentrated security.