Expense Ratio History

FRTY expense ratio history

Alger Mid Cap 40 ETF

Fund company
Alger
Type
ETF

0.77%

In basis points
77 basis points
Yearly cost per $10,000
$77
Prospectus dated
30 April 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.98% on 30 April 2026

Fee over time

FRTY expense ratio: 1.40% until 1 May 2022, then 1.23%; 1.23% until 1 May 2023, then 1.19%; 1.19% until 1 May 2024, then 1.14%; 1.14% until 30 Apr 2025, then 0.98%; 0.98% until 30 Apr 2026, then 0.77%; read at 0.77% on 30 Apr 2026.0.00%0.50%1.00%1.50%2.00%Feb 2021Jan 2022Dec 2022Nov 2023Oct 2024Sep 20251.40% before0.77% from 30 Apr 2026
FRTY expense ratio: 1.40% until 1 May 2022, then 1.23%; 1.23% until 1 May 2023, then 1.19%; 1.19% until 1 May 2024, then 1.14%; 1.14% until 30 Apr 2025, then 0.98%; 0.98% until 30 Apr 2026, then 0.77%; read at 0.77% on 30 Apr 2026.0.00%0.50%1.00%1.50%2.00%Feb 2021Dec 2022Oct 20241.40% before0.77% from 30 Apr 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
30 Apr 2026 0.77% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2026 0.77% Cut from 0.98% to 0.77%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-04-28
30 Apr 2025 0.98% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2025 0.98% Cut from 1.14% to 0.98%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-04-29
2 Dec 2024 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2024 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2024 1.14% Cut from 1.19% to 1.14%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-04-24
1 May 2023 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2023 1.19% Cut from 1.23% to 1.19%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-04-26
1 May 2022 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2022 1.23% Cut from 1.40% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-04-27
1 Mar 2021 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-03-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.77% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$957 in fees over 10 years

After fees, $10,000 grows to $15,105.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$79
3 years$247
5 years$429
10 years$957

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 7 prospectuses for this share class since 2021. Each one is listed above with a link to the filing.

How we read fees

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