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FRTY ETF — Alger Mid Cap 40 ETF
Alger Mid Cap 40 ETF (FRTY)
Updated October 16, 2026.
Verdict as of October 16, 2026
FRTY's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (50/100, low confidence). It pays its distribution rate is 0.18%. The latest total cash payment per current share, $0.041 with an ex-date of December 18, 2025, was 115.8% higher than the previous $0.019. These payments are unclassified; this does not establish a base-dividend change.
Sources: Alger, Section 19a-1 notices, scoring methodology.
FRTY is an ETF. its distribution rate is 0.18%, its trailing-12-month yield is 0.19%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 9.6% over the past 5.6 years, 101.9 points behind SPY at 111.5%.
Alger Mid Cap 40 ETF is an equity fund that invests at least 80% of its assets in mid-cap stocks listed on U.S. exchanges, with a non-diversified structure that may concentrate significantly in a single sector. The fund has a modest current distribution rate and carries an expense ratio of 0.60%. It may appeal to growth-oriented investors seeking mid-cap equity exposure rather than those prioritizing income.
FRTY dividend yield and income
Price as of 2026-10-16.
The distribution rate (0.18%) uses calculation basis unavailable. Trailing-12-month yield (0.19%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.041. The ex-dividend date is 12/18/2025. The payment date is 12/31/2025.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2025-12-18 | $0.041 | 115.8% Unclassified cash |
| 2024-12-18 | $0.019 | -98.2% Unclassified cash |
| 2021-12-16 | $1.069 | — |
| 2021 total | $1.069 | — |
| 2024 total | $0.019 | -98.2% |
| 2025 total | $0.041 | 115.8% |
FRTY dividend growth
Trailing-12-month distributions versus the preceding 12 months changed +115.8%. The 1Y row below uses this same adjacent TTM cash-window comparison.
| Window | Change |
|---|---|
| 1Y | +115.8% |
FRTY holdings and sector exposure
Holdings are not available for this snapshot.
FRTY performance versus SPY
Price and return data through 2026-10-16.
Total return is 9.6% over the past 5.6 years, 101.9 points behind SPY at 111.5%. Over the past year its total return — price change plus distributions reinvested — is -4.9%. Its deepest 1-year drawdown was 18.9%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -3.6% | — |
| 3M | -3.5% | — |
| 6M | 3.2% | — |
| YTD | 1.6% | — |
| 1Y | -4.9% | — |
| 2Y CAGR | — | 9.80% |
| 3Y CAGR | — | 20.50% |
| 5Y CAGR | — | -1.00% |
| Since inception (5.6 years) | 9.6% | 1.60% |
FRTY key facts
- Distribution Safety Score™
- 50 · Unproven
- Issuer
- Alger
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 02/26/2021
- Expense ratio
- 0.60%
- Distribution rate
- 0.18%
- Trailing yield
- 0.19%
- Last close
- $21.38 (as of 2026-10-16)
- AUM
- $156,378,646
- Average volume
- 32620.0
- Dividend
- $0.041
- Ex-dividend date
- 12/18/2025
- Payment date
- 12/31/2025
- Beta
- 1.44
How Dividend Vision calculates yield and returns
Distribution rate (0.18%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.19%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Alger; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
FRTY risks and drawbacks
FRTY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.9%.
Who may consider FRTY — and who may not
It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on FRTY
Frequently asked questions
What is FRTY's expense ratio?
FRTY's expense ratio is 0.60%.
What is FRTY's dividend yield?
FRTY's distribution rate is 0.18%, with a 0.60% expense ratio — calculation basis unavailable.
How has FRTY's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed +115.8%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does FRTY pay a dividend?
The dividend amount is $0.041. The ex-dividend date is 12/18/2025. The payment date is 12/31/2025.
How has FRTY performed?
Total return is 9.6% over the past 5.6 years, 101.9 points behind SPY at 111.5%. Over the past year its total return — price change plus distributions reinvested — is -4.9%. Its deepest 1-year drawdown was 18.9%.
Is FRTY a good investment?
FRTY's Dividend Vision Distribution Safety Score is 50 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 0.18% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
More securities from Alger.
Tickers
Holdings as-of date unavailable.
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