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Alger Capital Appreciation Fund underperforms Russell 1000 Growth in Q1 2026, driven by mixed stock impacts.

Market News
19 Apr 2026
Seeking Alpha
View Source
Bearish
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In the first quarter of 2026, the Alger Capital Appreciation Fund's Class A shares underperformed the Russell 1000 Growth Index. Key positive contributors included Western Digital Corporation, Nebius Group, and Vertiv Holdings Co., while Microsoft, AppLovin Corp. Class A, and NVIDIA were notable detractors. This performance reflects the fund's active management approach amid market changes. Investors should monitor future updates for potential portfolio adjustments.

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