Back to top
Alger Capital Appreciation Institutional Fund Class I: (MF: ALARX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$36.93 USD
-0.27 (-0.73%)
Zacks MF Rank
4-Sell of 5 4
Fund Description
The fund was incepted in November 1993 and is managed by Fred Alger Management, Inc. The fund seeks long-term capital appreciation. Under normal circumstances, the fund invests in the equity securities of companies of any size, which demonstrate promising growth potential. Dividends and capital gains, if any, are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Alger Capital Apprec Instl I | ALARX | NA | NA | 0.00 | 0.00 | 0.81 | 1.25 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Alger Capital App Instl Fund I | ALARX | 36.93 | 11/8/1993 | 0.00 | 46.91 | 7.13 | 15.14 |
| Alger Capital App Instl Fund R | ACARX | 29.69 | 1/27/2003 | 0.00 | 46.33 | 6.66 | 14.64 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Alger Capital Apprec Instl I | ALARX | 0 | 0 | 0 | A |
Contact Information
| Family | Alger Funds |
| Address | 100 Pearl Street, 27th Floor New York, NY 10004 |
| Phone | 800 992-3863 |