Alger Spectra Fund Quote

ASPIX Fund  USD 26.47  0.55  2.12%   

Performance

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Odds Of Distress

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Alger Spectra is trading at 26.47 as of the 20th of March 2025; that is 2.12 percent increase since the beginning of the trading day. The fund's open price was 25.92. Alger Spectra has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The fund invests primarily in the equity securities of companies of any size that the manager believes demonstrate promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, and healthcare sectors.. More on Alger Spectra Fund

Moving together with Alger Mutual Fund

  0.96AMGAX Alger Midcap GrowthPairCorr
  0.96AMGCX Alger Midcap GrowthPairCorr
  0.96AMGOX Alger Mid CapPairCorr
  0.88AOFYX Alger Small CapPairCorr
  0.88AOFIX Alger Small CapPairCorr
  0.88AOFAX Alger Small CapPairCorr

Alger Mutual Fund Highlights

Fund ConcentrationAlger Funds, Large Growth Funds, Large Growth, Alger (View all Sectors)
Update Date31st of March 2025
Alger Spectra Fund [ASPIX] is traded in USA and was established 20th of March 2025. Alger Spectra 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. This fund presently has accumulated 6.64 B in assets under management (AUM) with no minimum investment requirementsAlger Spectra is currently producing year-to-date (YTD) return of 2.72%, while the total return for the last 3 years was 16.38%.
Check Alger Spectra Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Spectra Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Alger Spectra Fund Mutual Fund Constituents

AVGOBroadcomStockInformation Technology
CMCSAComcast CorpStockCommunication Services
GOOGAlphabet Inc Class CStockCommunication Services
VVisa Class AStockFinancials
UPSTUpstart HoldingsStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
TSLATesla IncStockConsumer Discretionary
TMUST MobileStockCommunication Services
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Alger Spectra Risk Profiles

Alger Spectra Against Markets

Other Information on Investing in Alger Mutual Fund

Alger Spectra 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 Spectra security.
Price Exposure Probability
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Performance Analysis
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Portfolio Optimization
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Insider Screener
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