Alger Concentrated Equity ETF (CNEQ)
| Assets | $3.17B |
| Expense Ratio | 0.56% |
| PE Ratio | 32.21 |
| Shares Out | 78.48M |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 0.44% |
| Ex-Dividend Date | Dec 18, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 14.14% |
| Volume | 241,832 |
| Open | 41.02 |
| Previous Close | 40.68 |
| Day's Range | 40.83 - 41.20 |
| 52-Week Low | 29.47 |
| 52-Week High | 42.15 |
| Beta | 1.72 |
| Holdings | 30 |
| Inception Date | Apr 4, 2024 |
About CNEQ
Fund Home PageThe 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.
Top 10 Holdings
63.11% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 15.19% |
| Microsoft Corporation | MSFT | 8.11% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 6.22% |
| Alphabet Inc. | GOOG | 6.10% |
| Apple Inc. | AAPL | 5.09% |
| Dreyfus Trsy Oblig Cash Mgmt Cl Ins | n/a | 4.95% |
| Nebius Group N.V. | NBIS | 4.76% |
| Broadcom Inc. | AVGO | 4.68% |
| Amazon.com, Inc. | AMZN | 4.18% |
| Meta Platforms, Inc. | META | 3.81% |
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 16.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 33.89%.
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