Alger Concentrated Equity ETF (CNEQ)

Assets	$96.11M
Expense Ratio	0.55%
PE Ratio	35.92
Shares Out	2.24M
Dividend (ttm)	$0.04
Dividend Yield	0.13%
Ex-Dividend Date	Dec 18, 2024
Payout Frequency	n/a
Payout Ratio	4.57%

Volume	106,506
Open	32.41
Previous Close	32.11
Day's Range	32.30 - 32.71
52-Week Low	19.34
52-Week High	32.71
Beta	n/a
Holdings	31
Inception Date	Apr 4, 2024

About CNEQ

Fund Home Page

The Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation CNEQ was launched on Apr 4, 2024 and is issued by Alger.

• Asset Class: Equity
• Category: Large Growth
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: CNEQ
• ETF Provider: Alger

Top 10 Holdings

65.36% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	15.71%
Microsoft Corporation	MSFT	11.01%
Amazon.com, Inc.	AMZN	8.40%
Meta Platforms, Inc.	META	6.57%
AppLovin Corporation	APP	5.77%
Taiwan Semiconductor Manufacturing Company Limited	TSM	4.34%
Talen Energy Corporation	TLN	3.58%
Alphabet Inc.	GOOG	3.48%
Nebius Group N.V.	NBIS	3.27%
GFL Environmental Inc.	GFL	3.23%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 18, 2024	$0.0411	Dec 31, 2024

Performance

CNEQ had a total return of 58.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 44.12%.