Alger Dynamic Opportunities Fund Quote

SPEDX Fund  USD 19.92  0.03  0.15%   

Performance

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Odds Of Distress

Low

 
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Low
Alger Dynamic is trading at 19.92 as of the 24th of March 2025; that is 0.15% up since the beginning of the trading day. The fund's open price was 19.89. Alger Dynamic has about a 22 % 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 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
The fund invests in a portfolio of U.S. and foreign equity securities . It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. More on Alger Dynamic Opportunities

Moving together with Alger Mutual Fund

  0.9AMGAX Alger Midcap GrowthPairCorr
  0.91AMGCX Alger Midcap GrowthPairCorr
  0.91AMGOX Alger Mid CapPairCorr
  0.97AOFYX Alger Small CapPairCorr
  0.97AOFIX Alger Small CapPairCorr
  0.97AOFAX Alger Small CapPairCorr

Alger Mutual Fund Highlights

Fund ConcentrationAlger Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, Alger, Large, Long-Short Equity (View all Sectors)
Update Date31st of March 2025
Expense Ratio Date6th of April 2023
Fiscal Year EndOctober
Alger Dynamic Opportunities [SPEDX] is traded in USA and was established 24th of March 2025. Alger Dynamic is listed under Alger category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Alger family. This fund at this time has accumulated 370.36 M in assets with no minimum investment requirementsAlger Dynamic Opport is currently producing year-to-date (YTD) return of 2.3%, while the total return for the last 3 years was 4.02%.
Check Alger Dynamic 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 Dynamic Opportunities 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 Dynamic Opportunities Mutual Fund Constituents

CATCaterpillarStockIndustrials
NVRONevro CorpStockHealth Care
UPSTUpstart HoldingsStockFinancials
MEGMontrose Environmental GrpStockIndustrials
PLNTPlanet FitnessStockConsumer Discretionary
GWWWW GraingerStockIndustrials
PCTYPaylocity HoldngStockInformation Technology
CMCSAComcast CorpStockCommunication Services
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Alger Dynamic Top Holders

QALTXQuantified Alternative InvestmentMutual FundMacro Trading
QALAXQuantified Alternative InvestmentMutual FundMacro Trading
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Alger Dynamic Opport Risk Profiles

Alger Dynamic Against Markets

Other Information on Investing in Alger Mutual Fund

Alger Dynamic 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 Dynamic security.
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