# Alger AI Enablers & Adopters ETF (ALAI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/alai for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Alger · Asset class: Equity - Strategy: Actively Managed · Inception: 2024-04-04 Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion. It is also important to note that this fund is categorized as non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $43.45 | | Expense Ratio | 0.58% | | Assets Under Management | $2.75B | | NAV | $43.94 | | Holdings Count | 68 | | Distribution Yield (TTM) | 1.25% | | Annual Distribution (TTM) | $0.54 /share | | Distribution Frequency | Irregular | | 52-Week Range | $30.85 – $48.36 | | Beta | 1.93 | ## Latest Distribution - Amount: $0.5411 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does ALAI invest in? Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion. It is also important to note that this fund is categorized as non-diversified. ### What is the expense ratio of ALAI? Alger AI Enablers & Adopters ETF (ALAI) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is ALAI? Alger AI Enablers & Adopters ETF (ALAI) manages $2.75B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is ALAI actively managed or an index fund? ALAI is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ALAI's is 0.58%) in exchange for the discretion to over- or under-weight positions. ### When was ALAI launched? Alger AI Enablers & Adopters ETF (ALAI) launched in April 2024 and is managed by Alger. ### How has ALAI performed? ALAI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does ALAI pay a dividend? Alger AI Enablers & Adopters ETF (ALAI) currently distributes little or no income. Trailing-twelve-month yield is 1.25%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ALAI pay dividends? Alger AI Enablers & Adopters ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ALAI's dividend yield? ALAI's trailing-twelve-month yield is 1.25%, calculated from the sum of dividends over the past year divided by the current price. ### When is ALAI's next ex-dividend date? The most recently announced ex-dividend date for ALAI was 2025-12-18. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will ALAI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.58% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ALAI charge its expense ratio? The expense ratio is deducted in tiny daily slices from ALAI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ALAI cost more than a fund like VOO? ALAI is actively managed (current expense ratio 0.58%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether ALAI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ALAI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ALAI (0.58%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/alai - Distribution history: https://www.dividenddata.com/funds/alai/dividend - Holdings & diversification: https://www.dividenddata.com/funds/alai/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/alai/expenses - Peer comparison: https://www.dividenddata.com/funds/alai/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.