ASPZX Performance — Alger Spectra Fund, Class Z
Data updated: 2026-09-25
ASPZX returned +4.73% year to date and +14.59% over one year to Jul 2026. Annualised returns are +26.33% over 3 years and +15.02% over 5 years. Against its US Multi-Cap Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $202, against $153 for the category, and to $115 over one year, against $115. Volatility over the past three years was 20.71% a year. In the 12 months to Jul 2026 the fund lost a net $67.8M, and assets reached $4.31B.
ASPZX Growth of $100
What $100 invested in Alger Spectra Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Growth category average over the same months.
| Period | ASPZX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $115 |
| 3 years (Aug 2023 – Jul 2026) | $202 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $201 | $139 |
| Since data start (Aug 2019 – Jul 2026) | $203 | $228 |
ASPZX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.73% |
| 1 year | +14.59% |
| 3 years (annualised) | +26.33% |
| 5 years (annualised) | +15.02% |
ASPZX Annual Returns
Calendar-year total returns of Alger Spectra Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.73% |
| 2025 | +29.86% |
| 2024 | +48.14% |
| 2023 | +0.37% |
| 2022 | −0.45% |
| 2021 | +0.13% |
| 2020 | +0.40% |
| 2019 (Aug–Dec) | +0.07% |
ASPZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.8% | −4.3% | −5.1% | +14.8% | +10.5% | −1.3% | −6.2% | — | — | — | — | — |
| 2025 | +3.4% | −5.1% | −10.8% | +2.8% | +15.6% | +8.9% | +4.9% | +1.4% | +9.2% | +3.3% | −4.1% | −0.1% |
| 2024 | +5.1% | +8.8% | +2.4% | −4.5% | +7.7% | +6.8% | −4.0% | +3.3% | +4.2% | +1.3% | +9.9% | +0.2% |
| 2023 | +0.1% | 0.0% | +0.1% | 0.0% | +0.1% | +0.1% | 0.0% | 0.0% | −0.1% | 0.0% | +0.1% | 0.0% |
| 2022 | −0.1% | 0.0% | 0.0% | −0.1% | 0.0% | −0.1% | +0.1% | 0.0% | −0.1% | 0.0% | 0.0% | −0.1% |
| 2021 | 0.0% | 0.0% | 0.0% | +0.1% | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | +0.1% | 0.0% | 0.0% |
| 2020 | 0.0% | −0.1% | −0.1% | +0.2% | +0.1% | 0.0% | +0.1% | +0.1% | 0.0% | 0.0% | +0.1% | 0.0% |
| 2019 | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
ASPZX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 20.71%
- 3-year Sharpe ratio: 1.05 (vs 4.5% risk-free rate)
- Best month: +15.56% (May 2025)
- Worst month: −10.80% (Mar 2025)
ASPZX Fund Flows
Monthly money in and out of Alger Spectra Fund, from SEC Form N-PORT.
- 12-month net flow: −$67.8M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 0.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $214.0M | $228.6M | −$14.6M |
| Jun 2026 | $67.8M | $99.5M | −$31.7M |
| May 2026 | $64.0M | $95.0M | −$30.9M |
| Apr 2026 | $61.5M | $74.2M | −$12.7M |
| Mar 2026 | $52.4M | $85.4M | −$33.0M |
| Feb 2026 | $92.7M | $71.6M | $21.1M |
| Jan 2026 | $66.4M | $102.3M | −$35.9M |
| Dec 2025 | $320.9M | $109.5M | $211.3M |
| Nov 2025 | $47.4M | $85.2M | −$37.8M |
| Oct 2025 | $63.7M | $103.9M | −$40.2M |
| Sep 2025 | $43.0M | $73.1M | −$30.1M |
| Aug 2025 | $44.2M | $77.6M | −$33.3M |
ASPZX Assets Under Management
Net assets of Alger Spectra Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.31B |
| 2026-04-30 | $4.29B |
| 2026-01-30 | $4.15B |
| 2025-10-31 | $4.57B |
| 2025-07-31 | $4.10B |
| 2025-04-30 | $3.18B |
| 2025-01-31 | $3.78B |
| 2024-10-31 | $3.46B |
| 2024-07-31 | $3.30B |
| 2024-04-30 | $3.11B |
| 2024-01-31 | $3.07B |
| 2023-10-31 | $2.70B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.