Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence,demonstrate promising growth potential,and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.
Frequently asked questions
What is the The Alger ETF Trust (ALAI) expense ratio?
The The Alger ETF Trust funds expense ratio is 0.55%.
What is The Alger ETF Trust (ALAI) current stock price?
As of the latest data, The Alger ETF Trust stock price is $45.73, with a previous close of $45.06. The Alger ETF Trust gained $0.67 in the last trading session, representing a 1.49% increase.
Does The Alger ETF Trust (ALAI) pay dividends?
Yes. The Alger ETF Trust pays annual dividends with an annualized yield of 1.18% and an estimated annual payout of $0.54 per share.
