Alger Concentrated Equity ETF (CNEQ)

Assets	$617.13M
Expense Ratio	0.56%
PE Ratio	44.10
Shares Out	15.69M
Dividend (ttm)	$0.18
Dividend Yield	0.45%
Ex-Dividend Date	Dec 18, 2025
Payout Frequency	Annual
Payout Ratio	20.97%

Volume	114,157
Open	40.08
Previous Close	39.92
Day's Range	39.65 - 40.18
52-Week Low	26.35
52-Week High	40.18
Beta	1.68
Holdings	32
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

65.67% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	15.08%
Microsoft Corporation	MSFT	7.34%
Amazon.com, Inc.	AMZN	6.60%
Alphabet Inc.	GOOG	6.52%
Anthropic Pbc	n/a	6.22%
Taiwan Semiconductor Manufacturing Company Limited	TSM	5.38%
Broadcom Inc.	AVGO	4.81%
Nebius Group N.V.	NBIS	4.79%
Apple Inc.	AAPL	4.59%
Western Digital Corporation	WDC	4.33%

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 50.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 38.89%.