SPEGX Fees and Costs — Alger Responsible Investing Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.10%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.29% other expenses, less a 0.15% fee waiver. This share class carries a maximum front-end sales load of 5.25%. In fiscal 2025 the fund paid $8K in broker commissions, 0.0085% of average net assets, and portfolio turnover was 9%.
SPEGX Fees and Expenses
Annual operating expenses and sales charges of SPEGX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SPEGX Costs Over Time
On $10,000 invested in SPEGX, assuming 5% a year before costs, total costs come to $1,326 over 5 years, cutting the return by 2.28% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $525 | $525 | $525 |
| Fund expenses (net expense ratio 1.10%) | $109 | $341 | $591 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $26 | $100 | $205 |
| Total costs | $662 | $968 | $1,326 |
| Value after costs | $9,838 | $10,608 | $11,437 |
| Impact on return, per year | 6.62% | 3.01% | 2.28% |
SPEGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0085%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $392K
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
SPEGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2K | 24.36% |
| Fred Alger & Company, LLC | $1K | 17.78% |
| Merrill Lynch Pierce Fenner & Smith Inc | $929 | 12.75% |
| RBC CAPITAL MARKETS, LLC | $909 | 12.48% |
| Pershing LLC | $603 | 8.28% |
| WELLS FARGO SECURITIES, LLC | $556 | 7.63% |
| OPPENHEIMER & CO. INC. | $342 | 4.69% |
| Cowen and Company, LLC | $313 | 4.30% |
| CITIGROUP GLOBAL MARKETS INC. | $281 | 3.86% |
| Mizuho Securities USA LLC | $281 | 3.86% |
SPEGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Databricks, Inc. | $392K | 99.92% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $315 | 0.08% |
Alger Responsible Investing Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ALGZX | Class Z | 0.93% | — |
| AGIFX | Class I | 1.10% | — |
| SPEGX | Class A | 1.10% | 5.25% |
| AGFCX | Class C | 2.03% | none |
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.