Alger Spectra A  SPECX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Large Growth Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Growth
  
  
As of 2009-08-31
Day Change
$ 0.00
  
NAV (2009-11-10)
$ 9.97
  
YTD Return % (2009-11-10)
49.48%
  
Total Assets ($ mil)
378
View Data Definitions
  Performance    
Growth of $10,000 Fund: Alger Spectra A
(from 1999-01-01 to 2009-10-31) Category: Large Growth
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1969-07-28 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 48.73 76.20 4.35 10.25 -0.04 10.10
+/- Category 24.58 60.85 9.30 9.26 1.42 ---
+/- S&P 500 TR 25.21 27.40 10.25 9.57 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 37.51 9.58 4.44 9.98 0.56 10.09
Month-End (as of 2009-10-31) 31.97 24.50 1.21 8.55 -0.58 9.95
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 24.50 1.21 8.55 -0.95 ---
On Distribution & Sale of Shares --- 15.93 1.03 7.43 -0.64 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 1518 funds), (5 yrs : out of 1251 funds), (10 yrs : out of 663 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is 5.25%, the maximum deferred sales fee is none, and the maximum redemption sales fee is 2.00%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 34.31
Software 5.57
Hardware 19.01
Media 3.43
Telecommunications 6.31
Service 42.48
Healthcare 16.28
Consumer Services 12.37
Business Services 4.02
Financial Services 9.81
Manufacturing 23.20
Consumer Goods 5.70
Industrial Materials 8.14
Energy 9.37
Utilities 0.00
Asset Allocation
% of Net Assets
Cash 2.3
Stocks 97.8
Bonds 0.0
Other 0.0
Foreign Stocks 5.2
(as a % of Assets)
Data through 2009-08-31 Data through 2009-08-31
 
Holding Status
Total Number of Stock Holdings 118 Turnover % 313
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 24.94 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Apple, Inc. 15.85 134.24 4.13
Microsoft Corporation 10.42 55.04 3.43
Wal-Mart Stores, Inc. 16.37 -1.72 3.26
Chevron Corporation 6.34 7.38 2.58
Seagate Technology --- 252.60 2.18
ON Semiconductor Corporation --- 127.35 2.10
Owens-Illinois, Inc. 18.45 18.22 1.98
Abbott Laboratories 17.61 3.43 1.86
Liberty Media Corp A 3.46 390.66 1.72
Yahoo, Inc. 42.02 26.07 1.70
Data through 2009-08-31
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1969-07-28
Portfolio Manager  (Start Date)
Patrick Kelly  (2004-09-24)
Patrick Kelly is Senior Vice President and Co-Portfolio Manager of Alger's all-cap portfolios including the Alger Capital Appreciation Fund, Alger Socially Responsible Growth Institutional Fund and Spectra Fund. Patrick began his career as an investment banking analyst with SG Cowen in 1997 and joined Alger in 1999 as a Research Associate beginning with the in-house training and Chartered Financial Analyst program. Mr. Kelly, CFA, has been employed by the Manager as a research associate from July 1999 to February 2001, as an Assistant Vice President and associate analyst from February 2001 to September 2001, as a Vice President and analyst from September 2001 to September 2004, and as a Senior Vice President and portfolio manager since September 2004.
Sales Charge %
(taken from prospectus dated 2009-09-02)
Front: 5.25
Deferred: None
Expense Ratio % 1.53
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information
111 Fifth Avenue

New York,  NY  10003
Telephone:
800-711-6141
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.