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AALTX

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1d
1w
1m

Analysis and statistics

  • Open
    23.7173$
  • Previous Close
    23.7173$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

AALTX.US represents the Alger Alternative Socially Responsible Fund Investor Class shares. This fund primarily invests in other investment companies, including those pursuing alternative investment strategies, while also incorporating socially responsible investing criteria. The fund aims to achieve long-term capital appreciation by allocating its assets across various underlying Alger investment strategies and external alternative investment managers, with an emphasis on companies demonstrating positive environmental, social, and governance (ESG) practices.
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Factors

Fund Performance: Strong fund performance typically attracts investors, increasing demand and price.

Market Conditions: Overall market trends influence investor sentiment and impact fund values.

Interest Rates: Rising rates can make bonds less attractive, potentially lowering AALTX price.

Credit Quality: Downgrades in underlying bond credit quality may decrease fund value.

Fund Expenses: Higher expense ratios can negatively affect investor returns and fund price.

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