Key stats
About Alger 35 ETF
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Inception date
May 3, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fred Alger Management LLC
Distributor
Fred Alger & Co., Inc.
ISIN
US0155642061
ATFV combines growth investing with a non-transparent, high-conviction approach. The fund adviser uses a proprietary methodology based on positive dynamic change to determine the funds narrow holdings of 35 growth stocks of any market-cap. This methodology considers companies high unit volume growth or positive lifecycle change. ATFV also aims to focus its investments on companies that benefit from technological innovations. Unlike traditional ETFs, ATFV only discloses its full holdings monthly, with a 60-day lag. The fund provides a Verified Intraday Indicative Value (VIIV) throughout the day, to give additional information regarding the indicative value of shares. Investors should note that a non-transparent structure could result in wider spreads.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks93.65%
Technology Services33.68%
Electronic Technology26.63%
Retail Trade13.26%
Utilities9.91%
Health Technology2.59%
Health Services2.02%
Producer Manufacturing1.82%
Industrial Services1.51%
Non-Energy Minerals0.99%
Distribution Services0.74%
Finance0.47%
Transportation0.02%
Bonds, Cash & Other6.35%
Cash6.35%
Stock breakdown by region
North America84.84%
Europe7.97%
Asia6.11%
Latin America1.08%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ATFV invests in stocks. The fund's major sectors are Technology Services, with 33.68% stocks, and Electronic Technology, with 26.63% of the basket. The assets are mostly located in the North America region.
ATFV top holdings are NVIDIA Corporation and Amazon.com, Inc., occupying 11.47% and 9.02% of the portfolio correspondingly.
ATFV last dividends amounted to 0.04 USD. The year before, the issuer paid 0.00 USD in dividends, which shows a 96.32% increase.
ATFV assets under management is 92.91 M USD. It's risen 121.75% over the last month.
ATFV fund flows account for 54.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ATFV pays dividends to its holders with the dividend yield of 0.12%. The last dividend (Dec 31, 2024) amounted to 0.04 USD. The dividends are paid annually.
ATFV shares are issued by Alger Associates, Inc. (United States) under the brand Alger. The ETF was launched on May 3, 2021, and its management style is Active.
ATFV expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
ATFV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ATFV invests in stocks.
ATFV price has risen by 7.91% over the last month, and its yearly performance shows a 53.57% increase. See more dynamics on ATFV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.71% over the last month, showed a 19.30% increase in three-month performance and has increased by 56.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.71% over the last month, showed a 19.30% increase in three-month performance and has increased by 56.20% in a year.
ATFV trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.