Alger Capital Appreciation Institutional Fund Class Y logo

Alger Capital Appreciation Institutional Fund Class Y (ACAYX)

Market Closed
10 Aug, 20:00
NASDAQ NASDAQ
$
65. 29
-0.39
-0.5938%
$
4.75B Market Cap
- Div Yield
0 Volume
$ 65.68
Previous Close
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Day Range
65.29 65.29
Year Range
49.16 67.39
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Summary

ACAYX closed yesterday lower at $65.29, a decrease of -0.5938% from Friday's close, completing a monthly decrease of -0.0765% or -$0.05. Over the past 12 months, ACAYX stock gained 13.5478%.
ACAYX pays dividends to its shareholders, with the most recent payment made on Dec 12, 2024. The next estimated payment will be in 8 months ago on Dec 12, 2025 for a total of $5.741.
The stock of the company had never split.
The company's stock is traded on one exchange.

ACAYX Chart

Alger Capital Appreciation Institutional Fund Class Y (ACAYX) FAQ

What is the stock price today?

The current price is $65.29.

On which exchange is it traded?

Alger Capital Appreciation Institutional Fund Class Y is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is ACAYX.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 4.75B.

Has Alger Capital Appreciation Institutional Fund Class Y ever had a stock split?

No, there has never been a stock split.

Alger Capital Appreciation Institutional Fund Class Y Profile

NASDAQ Exchange
United States Country

Overview

The company operates as an investment fund, focusing primarily on allocating assets across a diverse portfolio of equity securities. It emphasizes investing in companies regardless of their market capitalization, provided they exhibit significant growth potential. The fund's strategy involves committing at least 85% of its net assets, in addition to any borrowings for investment purposes, towards these equity securities. This approach indicates a robust growth-oriented investment philosophy, aiming to capitalize on the potential high returns from growing companies. The fund's investment decisions are guided by a managerial belief in the promising growth prospects of the chosen companies, ensuring a proactive stance on asset selection and portfolio management.

Products and Services

The company offers a focused financial product designed to meet the needs of investors looking for growth opportunities in the equity markets:

  • Growth-Oriented Equity Investment Fund

    This fund is specifically tailored for investors aiming to capitalize on the potential of companies across various market capitalizations that show significant growth potential. By allocating at least 85% of its net assets, coupled with any borrowings for investment purposes, the fund seeks to invest in a wide array of promising equity securities. This product is suited for those who wish to invest in a growth-centric portfolio managed by experienced professionals who have a knack for identifying companies with strong future prospects.

Contact Information

Address: New York, NY 10010
Phone: -