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Alger Concentrated Equity ETF CNEQ | AMEX

$38.97 -$0.44 | -1.12%
TREND SIGNAL:Signal available — unlock to view |2026-10-15

Company Overview:

Market Cap: $102.86M
Trailing PE: N/A
FWD PE: —
Payout Ratio (TTM): —
52-Week Range: $29.47 - $42.15

2.5 Year CNEQ Performance Metrics:

Total Return (with DRIP): 95.1% (30.65% CAGR)
Total Return (no DRIP): 94.9% (30.59% CAGR)
Share Price: 93.8% (30.29% CAGR)
Yield on Cost (with DRIP): 3.60%
Total Invested: $10,000
Total Value (with DRIP): $19,509
Total Return $ (with DRIP): $9,509
Dividend Increase: 0.0% (0.00% CAGR)
Dividend Yield (FWD): 1.85% ($0.72)
CNEQ 2.5-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
CNEQ Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
CNEQ Price CAGR:1Y: 11.57%2Y: 28.67%5Y: 29.93%10Y: 29.93%

CNEQ Dividend Payments & Yield

Dividend Payments & Yield
CNEQ Dividend CAGR:1Y: 338.40%2Y: 338.40%5Y: 338.40%10Y: 338.40%
Annual Dividends (Total Paid Per Year)
Dividend Growth Year Over Year

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CNEQ Dividends Info:

Annual Dividend: $0.72
Forward Yield: 1.85%
Ex-Dividend Date: 2025-12-18
Lifetime Dividends / Share: $0.22

CNEQ Dividend History: Dates, Payments & Yield list

Below is a schedule of all CNEQ dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield

Ex-Date Payment Date Amount Yield Forward Yield Price on Ex-Date
12/18/202512/22/2025$0.1802.13%2.07%$34.83
12/18/202412/20/2024$0.0410.63%0.63%$26.20

Projected Future Returns & Dividends for CNEQ

Based on past 2.5-year performance, here are CNEQ growth metrics:

Share price CAGR of +30.29%
Dividend CAGR of +334.88%

Using CNEQ CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

CNEQ (DRIP)CNEQ - No DRIP
Current Price$38.97$38.97
Start Shares256.61256.61
Start Value$10,000$10,000
  
After 10 years:
Final Share Count271.20256.61
Dividends Payment$0.18$0.18
Annual Dividends$195$185
Yield on cost1.95%1.85%
Share Price$38.97$38.97
Total Dividends$569$554
Final Value$10,569$10,554

Estimated Future Value + Dividends - CNEQ

NOTE: Above numbers are our estimate based on CNEQ's Dividend and Price CAGR over past 2.5 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

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Company Info

Alger Concentrated Equity ETF (CNEQ) had its IPO on 2024-04-05, and is traded on AMEX stock exchange.

The Alger Concentrated Equity ETF primarily invests its capital in the stock of large-capitalization companies. These firms are selected by the portfolio manager for their perceived substantial growth prospects. A minimum of one-quarter of the fund's total assets will be allocated to enterprises within a specific group of interrelated sectors, as defined by independent classification systems. These industries encompass: software; technology hardware, storage, and peripherals; semiconductors and semiconductor equipment; information technology services; electronic equipment, instruments, and components; communications equipment; broadline retail; and interactive media and services. This fund operates as a non-diversified investment vehicle.

CNEQ website: https://www.alger.com/Pages/Products.aspx?productCode=2495


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DCF model unavailable for CNEQ — no fundamentals on file (ETFs and funds are not modelable).