CNEYX

About CNEYX

Alger Concentrated Equity Fund Class Y is a mutual fund focused on long-term capital appreciation by investing primarily in a concentrated portfolio of U.S. large-cap growth equities. The fund typically holds a relatively small number of stocks, generally no more than 30 positions, which allows it to focus its capital on high-conviction investments in companies with strong growth prospects. This concentrated approach distinguishes it from more broadly diversified equity funds. The fund targets sectors with significant innovation and market leadership, with notable allocations toward technology and consumer discretionary companies. Its holdings often include leading names in industries such as software, semiconductors, and internet commerce. Managed actively, the fund seeks to capitalize on trends shaping the U.S. economy while accepting the higher volatility and unique risks associated with a concentrated portfolio. By focusing on a select group of growth-oriented companies, Alger Concentrated Equity Fund Class Y serves investors seeking exposure to potential market leaders and innovators within the large-cap segment of the equity market.