Key stats
About The Alger ETF Trust Alger Weatherbie Enduring Growth ETF
Home page
Inception date
Mar 6, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Fred Alger Management LLC
Distributor
Fred Alger & Co., Inc.
AWEG aims for capital appreciation by selecting US mid-cap growth equities rated as medium ESG risk by Sustainalytics. The actively managed fund expects to hold a maximum of 30 stocks. Selection begins with a fundamental analysis of mid-cap stocks exhibiting growth potential characteristics, such as increasing capital value and strong earnings. Companies considered are filtered based on Sustainalytics ESG risk rating criteria, which is determined by assessing the companys exposure to material ESG risks and how well the company manages exposure to those risks. The fund aims to have an average ESG risk weighting of medium or better. AWEG is a non-transparent ETF. Unlike other ETFs, it does not disclose the contents of its portfolio daily. As a result, there is a chance that shares could trade with larger spreads, particularly during volatile times. However, the fund provides a verified intraday indicative value throughout the trading day.
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
Health Technology
Finance
Stocks99.78%
Technology Services27.76%
Electronic Technology23.07%
Health Technology15.78%
Finance15.63%
Transportation7.36%
Industrial Services4.18%
Retail Trade2.38%
Producer Manufacturing1.87%
Commercial Services1.75%
Bonds, Cash & Other0.22%
Cash0.22%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history