Alger Mid Cap 40 ETF (FRTY)
| Assets | $139.10M |
| Expense Ratio | 0.60% |
| PE Ratio | 57.29 |
| Shares Out | 6.31M |
| Dividend (ttm) | $0.04 |
| Dividend Yield | 0.19% |
| Ex-Dividend Date | Dec 18, 2025 |
| Payout Frequency | n/a |
| Payout Ratio | 10.79% |
| Volume | 27,835 |
| Open | 22.04 |
| Previous Close | 22.17 |
| Day's Range | 21.72 - 22.06 |
| 52-Week Low | 13.56 |
| 52-Week High | 23.36 |
| Beta | 1.10 |
| Holdings | 42 |
| Inception Date | Feb 26, 2021 |
About FRTY
Fund Home PageThe Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model. FRTY was launched on Feb 26, 2021 and is issued by Alger.
Top 10 Holdings
42.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Trsy Oblig Cash Mgmt Cl Ins | n/a | 6.55% |
| FTAI Aviation Ltd. | FTAI | 6.02% |
| Formula One Group | FWONK | 5.11% |
| Comfort Systems USA, Inc. | FIX | 3.95% |
| HEICO Corporation | HEI.A | 3.91% |
| Talen Energy Corporation | TLN | 3.61% |
| Micron Technology, Inc. | MU | 3.58% |
| Repligen Corporation | RGEN | 3.40% |
| Biogen Inc. | BIIB | 3.27% |
| MongoDB, Inc. | MDB | 3.08% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.041 | Dec 31, 2025 |
| Dec 18, 2024 | $0.01882 | Dec 31, 2024 |
| Dec 16, 2021 | $1.0687 | Dec 31, 2021 |
Performance
FRTY had a total return of 17.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.45%.
News
FRTY: Growth-Focused ETF With Ambitious Premise But Questionable Returns
I am initiating coverage of the Alger Mid Cap 40 ETF with a Hold rating. Benchmarked against the Russell MidCap Growth Index, FRTY is growth-oriented, with just 40 stocks in the portfolio. Though hav...
FRTY: A Focused Mid Cap Growth ETF Throwing Caution To The Wind
FRTY is a focused mid-cap growth ETF comprised of 40 U.S. stocks undergoing "Positive Dynamic Change". Its ER is 0.60% after waivers and the ETF has $85 million in AUM. FRTY's current holdings are inc...
