# Alliance Bernstein - AB Disruptors ETF (FWD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fwd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Alliance Bernstein · Asset class: Equity - Strategy: Actively Managed · Inception: 2023-03-21 This is a proactively managed investment vehicle that strategically invests based on overarching themes to pinpoint companies at the forefront of innovation, those transforming their industries. Its scope is broad, spanning diverse industries and global markets. The ultimate objective is to foster substantial capital growth over an extended period. ## Key Facts | Metric | Value | |---|---| | Price | $120.93 | | Expense Ratio | 0.65% | | Assets Under Management | $3.17B | | NAV | $120.85 | | Holdings Count | 116 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $95.53 – $149.57 | | Beta | 1.60 | ## Latest Distribution - Amount: $0.1131 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-18 ## Frequently Asked Questions ### What does FWD invest in? This is a proactively managed investment vehicle that strategically invests based on overarching themes to pinpoint companies at the forefront of innovation, those transforming their industries. Its scope is broad, spanning diverse industries and global markets. The ultimate objective is to foster substantial capital growth over an extended period. ### What is the expense ratio of FWD? Alliance Bernstein - AB Disruptors ETF (FWD) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FWD? Alliance Bernstein - AB Disruptors ETF (FWD) manages $3.17B 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 FWD actively managed or an index fund? FWD is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FWD's is 0.65%) in exchange for the discretion to over- or under-weight positions. ### When was FWD launched? Alliance Bernstein - AB Disruptors ETF (FWD) launched in March 2023 and is managed by Alliance Bernstein. ### How has FWD performed? FWD'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 FWD pay a dividend? Alliance Bernstein - AB Disruptors ETF (FWD) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FWD pay dividends? Alliance Bernstein - AB Disruptors ETF pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FWD's dividend yield? FWD's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FWD's next ex-dividend date? The most recently announced ex-dividend date for FWD was 2025-12-17. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FWD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.65% 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 FWD charge its expense ratio? The expense ratio is deducted in tiny daily slices from FWD'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 FWD cost more than a fund like VOO? FWD is actively managed (current expense ratio 0.65%). 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 FWD's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FWD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FWD (0.65%) 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/fwd - Distribution history: https://www.dividenddata.com/funds/fwd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fwd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fwd/expenses - Peer comparison: https://www.dividenddata.com/funds/fwd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.