ADOCX — Alger Dynamic Opportunities Fund, Class C
Data updated: 2026-09-25
ADOCX — Alger Dynamic Opportunities Fund, Class C. 2.78% expense ratio · 1.00% deferred sales charge. Holdings, fees, performance and SEC filings.
ADOCX Fund Overview
ADOCX — Alger Dynamic Opportunities Fund, Class C is a US mutual fund managed by Alger Funds II, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Alger Funds II
- Category: United States Large Cap Growth Equity
- Assets under management: $224.23M
- 1-year return: 10.4%
- Ticker: ADOCX
- SEC CIK: 0000092751
- SEC series ID: S000026226
- Share class ID: C000098121
ADOCX Investment Objective and Strategy
Alger Dynamic Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Alger Funds II.
Investment objective
Alger Dynamic Opportunities Fund seeks long-term capital appreciation.
Principal investment strategy
"Fred Alger Management, Inc. believes companies undergoing Positive Dynamic Change offer the best investment opportunities. Positive Dynamic Change refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, significantly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefitting from regulatory change, a new product introduction or management change. Weatherbie Capital, LLC (""Weatherbie""), an affiliate of Fred Alger Management, Inc. and the Fund's sub-adviser, invests in smaller cap U. S. growth companies that Weatherbie believes have enduring earnings, reasonable valuations and a distinct competitive advantage.
Weatherbie invests in Foundation growth stocks and Opportunity growth stocks. Foundation growth stocks are companies led by experienced management teams, with innovative business models and the potential for high sales and earnings growth. Opportunity growth stocks are companies whose earnings may be temporarily depressed, but change is underway that Weatherbie believes can reaccelerate earnings. The Fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). In addition to purchasing securities ( i.e ., taking long positions), the Fund's investment adviser, Fred Alger Management, Inc., will identify securities that it believes will underperform on an absolute or relative basis and will sell these securities short on behalf of the Fund.
The Fund will not, however, follow a market neutral strategy and generally will have a net long position. As a result, and as a result of the cash proceeds the Fund will receive from selling securities short, the Fund will generally maintain significant positions in cash and cash equivalents. The Fund may also seek to manage the volatility of either the portfolio, a particular exposure ( e.g ., sector or industry) of the portfolio or individual securities through short sales, or buying or selling put or call options primarily for hedging purposes. The Fund has no specific guidelines or restrictions governing the concentration of the Fund's portfolio in specific entities, sectors or market capitalizations. Accordingly, the Fund may invest a portion of its assets in securities issued by small capitalization companies.
The Fund may also invest a portion of its assets in equity securities not listed on an exchange. The Fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, health care, and industrials sectors. The Fund's portfolio manager(s) may sell a stock when it reaches a target price, it fails to perform as expected, or other opportunities appear more attractive. As a result, the Fund may engage in active trading of portfolio securities. The Fund may sell securities short, which is the sale of a security the Fund does not own. The Fund arranges with a broker to borrow the security being sold short, and replaces the security by buying it at the current market price when it closes out the short sale.
If the price of the security sold short has increased since the time of the short sale, the Fund will incur a loss in addition to the costs associated with establishing, maintaining and closing out the short position. If the price of the security sold short has decreased since the time of the short sale, the Fund will experience a gain to the extent the difference in price is greater than these costs. The Fund is a non-diversified investment company, which means that it is not required to maintain, as to 75% of its assets, no more than 5% of its assets in any single issuer. Additionally, with respect to 75% of the Fund's assets, an investment may represent more than 10% of the voting securities of an issuer. The Fund can leverage, that is, borrow money to purchase additional securities. By borrowing money, the Fund has the potential to increase its returns if the increase in the value of the securities purchased exceeds the cost of borrowing, including interest paid on the money borrowed.
However, leverage also has the potential to magnify any decrease in the value of the purchased securities. The Fund can invest in foreign securities."
ADOCX Holdings
Top 10 holdings of Alger Dynamic Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet, Inc. | 4.19% |
| Western Digital Corp. | 2.92% |
| Nebius Group NV | 2.57% |
| NVIDIA Corp. | 2.18% |
| Sb Technology Corp. | 1.85% |
| Crowdstrike Holdings, Inc. | 1.68% |
| Verisign, Inc. | 1.55% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 1.53% |
| Cadence Design Systems, Inc. | 1.53% |
| Forgent Power Solutions, Inc. | 1.53% |
ADOCX Portfolio Allocation
Asset-class allocation of Alger Dynamic Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 83.6% |
| Derivatives | 0.6% |
| Cash & Equivalents | 0.3% |
ADOCX Performance
Total returns for ADOCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.46% |
| 1 year | 10.42% |
| 3 years (annualised) | 8.90% |
| 5 years (annualised) | 5.16% |
ADOCX Risk Information
Risk metrics for ADOCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.30%
ADOCX Costs and Fees
ADOCX costs about $278 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.78%
- Gross expense ratio: 2.78%
- Portfolio turnover: 377%
- Brokerage commissions: 49.71 bps of average net assets (SEC N-CEN)
ADOCX Cashflows
Over the 12 months to 2026-04, Alger Dynamic Opportunities Fund had net inflows of $4.80M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$5.95M |
| 2026-03 | −$2.34M |
| 2026-02 | −$2.99M |
| 2026-01 | −$8.42M |
| 2025-12 | $13.66M |
| 2025-11 | $2.88M |
ADOCX Debt Constituents
No individual debt constituents are reported in Alger Dynamic Opportunities Fund's latest SEC N-PORT filing.
ADOCX Prospectus and SEC Filings
Official Alger Dynamic Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus supplement (497) — filed 2026-03-05
- Prospectus supplement (497) — filed 2025-03-04
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other United States Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.