Alger Concentrated Equity ETF (CNEQ)

Assets	$636.75M
Expense Ratio	0.56%
PE Ratio	38.63
Shares Out	16.95M
Dividend (ttm)	$0.18
Dividend Yield	0.46%
Ex-Dividend Date	Dec 18, 2025
Payout Frequency	Annual
Payout Ratio	17.80%

Volume	239,727
Open	39.35
Previous Close	38.84
Day's Range	38.64 - 39.35
52-Week Low	27.74
52-Week High	41.93
Beta	1.73
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

64.05% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	14.19%
Microsoft Corporation	MSFT	7.16%
Amazon.com, Inc.	AMZN	6.20%
Alphabet Inc.	GOOG	6.13%
Anthropic	n/a	6.07%
Taiwan Semiconductor Manufacturing Company Limited	TSM	5.73%
Apple Inc.	AAPL	4.84%
Nebius Group N.V.	NBIS	4.75%
Western Digital Corporation	WDC	4.53%
Broadcom Inc.	AVGO	4.45%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.180	Dec 31, 2025
Dec 18, 2024	$0.0411	Dec 31, 2024

Performance

CNEQ had a total return of 37.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 36.31%.