Alger Capital Appreciation Institutional Fund Class I (ALARX) Stock
This fund's primary objective is to generate long-term capital appreciation. It typically achieves this by investing a significant portion of its assets—specifically, at least 85% of its net assets and any funds borrowed for investment purposes—into equity securities.
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About Alger Capital Appreciation Institutional Fund Class I
This fund's primary objective is to generate long-term capital appreciation. It typically achieves this by investing a significant portion of its assets—specifically, at least 85% of its net assets and any funds borrowed for investment purposes—into equity securities. The fund targets companies across the entire market capitalization spectrum that its adviser identifies as exhibiting promising potential for growth.
Alger Capital Appreciation Institutional Fund Class I is headquartered in US.
Alger Capital Appreciation Institutional Fund Class I (ALARX) stock trades at $61.44 with a market capitalization of $6.64B. Over the past 52 weeks the stock has ranged between $46.32 and $63.46, and currently trades 3.2% below its 52-week high. It pays a dividend yielding 6.15%.
Official website: www.alger.com/Pages/Products.aspx?productCode=2046