Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business within a single sector. The fund is non-diversified.
Frequently asked questions
What is the Alger Mid Cap 40 ETF (FRTY) expense ratio?
The Alger Mid Cap 40 ETF funds expense ratio is 0.6%.
What is Alger Mid Cap 40 ETF (FRTY) current stock price?
As of the latest data, Alger Mid Cap 40 ETF stock price is $23.87, with a previous close of $23.63. Alger Mid Cap 40 ETF gained $0.24 in the last trading session, representing a 1.03% increase.
Does Alger Mid Cap 40 ETF (FRTY) pay dividends?
Yes. Alger Mid Cap 40 ETF pays annual dividends with an annualized yield of 0.17% and an estimated annual payout of $0.04 per share.