CNEAX — Alger Concentrated Equity Fund
Data updated: 2026-06-26
CNEAX — Alger Concentrated Equity Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Information Technology Equity · $8.81M AUM · 0.81% expense ratio · 56.5% 1-yr return. From SEC regulatory filings.
CNEAX Fund Overview
CNEAX — Alger Concentrated Equity Fund is a US mutual fund managed by Alger Funds, categorised as United States Information Technology 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
- Category: United States Information Technology Equity
- Assets under management: $8.81M
- 1-year return: 56.5%
- Ticker: CNEAX
- SEC CIK: 0000003521
- SEC series ID: S000084278
- Share class ID: C000248571
CNEAX Holdings
Top 10 holdings of Alger Concentrated Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 14.51% |
| Microsoft Corp. | 7.63% |
| Amazon.com, Inc. | 7.18% |
| Alphabet, Inc. | 6.53% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 5.77% |
| Broadcom, Inc. | 5.25% |
| Western Digital Corp. | 4.48% |
| Apple, Inc. | 4.44% |
| Nebius Group NV | 4.34% |
| Meta Platforms, Inc. | 4.03% |
CNEAX Portfolio Allocation
Asset-class allocation of Alger Concentrated Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.3% |
| Cash & Equivalents | 2.6% |
CNEAX Performance
Total returns for CNEAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.5% |
| 1 year | 56.5% |
| 3 years (annualised) | 34.0% |
CNEAX Risk Information
Risk metrics for CNEAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 26.5%
CNEAX Costs and Fees
CNEAX costs about $81 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.81%
- Gross expense ratio: 2.83%
- Portfolio turnover: 68%
- Brokerage commissions: 3.74 bps of average net assets (SEC N-CEN)
CNEAX Cashflows
Over the 12 months to 2026-04, Alger Concentrated Equity Fund had net inflows of $1.51M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $730.79K |
| 2026-03 | $2.76K |
| 2026-02 | $350 |
| 2026-01 | $45.30K |
| 2025-12 | $550.53K |
| 2025-11 | $200 |
CNEAX Debt Constituents
No individual debt constituents are reported in Alger Concentrated Equity Fund's latest SEC N-PORT filing.
CNEAX Prospectus and SEC Filings
Official Alger Concentrated Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Information Technology 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.