Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the Manager believes demonstrate promising growth potential. The fund manager intends to invest a substantial portion of its assets in a smaller number of issuers. The fund is non-diversified.
Frequently asked questions
What is the The Alger ETF Trust (CNEQ) expense ratio?
The The Alger ETF Trust funds expense ratio is 0.55%.
What is The Alger ETF Trust (CNEQ) current stock price?
As of the latest data, The Alger ETF Trust stock price is $37.92, with a previous close of $37.56. The Alger ETF Trust gained $0.36 in the last trading session, representing a 0.96% increase.
Does The Alger ETF Trust (CNEQ) pay dividends?
Yes. The Alger ETF Trust pays annual dividends with an annualized yield of 0.47% and an estimated annual payout of $0.18 per share.