CNEIX Performance — Alger Concentrated Equity Fund, Class I
Data updated: 2026-09-25
CNEIX returned +9.92% year to date and +20.67% over one year to Jul 2026. Over one year the fund beat its US Large Growth category average: $100 grew to $121, against $111 for the category. Volatility over the past 12 months was 25.52% a year. In the 12 months to Jul 2026 the fund took in a net $1.3M, and assets reached $9.14M.
CNEIX Growth of $100
What $100 invested in Alger Concentrated Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | CNEIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $121 | $111 |
| Since data start (Apr 2024 – Jul 2026) | $192 | $140 |
CNEIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.92% |
| 1 year | +20.67% |
| 3 years (annualised) | +32.14% |
CNEIX Annual Returns
Calendar-year total returns of Alger Concentrated Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +9.92% |
| 2025 | +33.59% |
| 2024 (Apr–Dec) | +30.47% |
CNEIX 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 | −1.3% | −3.1% | −5.5% | +16.7% | +12.2% | −0.9% | −6.3% | — | — | — | — | — |
| 2025 | +3.0% | −5.1% | −10.1% | +2.5% | +16.5% | +9.0% | +6.4% | +1.7% | +10.0% | +2.7% | −3.9% | −0.6% |
| 2024 | — | — | — | −3.6% | +8.9% | +6.0% | −3.4% | +3.3% | +5.0% | +1.6% | +9.3% | +0.9% |
CNEIX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 25.52%
- Best month: +16.73% (Apr 2026)
- Worst month: −6.31% (Jul 2026)
CNEIX Fund Flows
Monthly money in and out of Alger Concentrated Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $1.3M
- 12-month gross sales (incl. reinvestments): $1.8M
- Sales ÷ redemptions: 3.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $359K | $459K | −$101K |
| Jun 2026 | $400 | $1K | −$740 |
| May 2026 | $56K | $0 | $56K |
| Apr 2026 | $781K | $50K | $731K |
| Mar 2026 | $3K | $0 | $3K |
| Feb 2026 | $350 | $0 | $350 |
| Jan 2026 | $45K | $0 | $45K |
| Dec 2025 | $551K | $0 | $551K |
| Nov 2025 | $200 | $0 | $200 |
| Oct 2025 | $12K | $18K | −$6K |
| Sep 2025 | $5K | $0 | $5K |
| Aug 2025 | $200 | $0 | $200 |
CNEIX Assets Under Management
Net assets of Alger Concentrated Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $9.14M |
| 2026-04-30 | $8.81M |
| 2026-01-31 | $7.45M |
| 2025-10-31 | $7.96M |
| 2025-07-31 | $6.92M |
| 2025-04-30 | $4.97M |
| 2025-01-31 | $5.68M |
| 2024-10-31 | $5.00M |
| 2024-07-31 | $4.39M |
| 2024-04-30 | $3.52M |
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.