Morningstar

Alger AI Enablers & Adopters Fund Class Y AAIYX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 22.28  /  +0.45 %
  • Total Assets 28.6M
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.610%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Technology
  • Investment Style Large Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 174%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 1:46 AM GMT+0

Morningstar’s Analysis AAIYX

Will AAIYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAIYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAIYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAIYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Alger AI Enablers & Adopters Y holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings AAIYX

More AAIYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

13.15 3M
Technology

Microsoft Corp

7.02 2M
Technology

Taiwan Semiconductor Manufacturing Co Ltd ADR

5.52 1M
Technology

Amazon.com Inc

5.07 1M
Consumer Cyclical

Alphabet Inc Class C

4.11 1M
Communication Services

Western Digital Corp

3.81 999,237
Technology

Meta Platforms Inc Class A

3.47 910,221
Communication Services

Nebius Group NV Shs Class-A-

3.35 879,504
Communication Services

Seagate Technology Holdings PLC

2.68 703,739
Technology

Anthropic

2.28 596,657
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