What this ETF is trying to do

The ARGENT FOCUSED SMALL CAP ETF (ticker: ALIL) is an exchange-traded fund that focuses on small-cap companies. An ETF is like a basket that holds many different stocks at once. This specific basket is designed to give investors exposure to smaller businesses.

What the numbers show

As of October 9, 2026, the current price of one share of ALIL is $30.43.

To understand how the price has changed, we can look at the past year. The estimated price from roughly one year ago was about $28.39.

There are two ways to look at performance:

• Price Return: This measures only the change in the share price. Over the last year, the price return was approximately 7.20%.

• Total Return: This includes the price change plus any cash distributions paid out. The one-year total return was approximately 7.69%.

For the current year so far (Year-to-Date), both the price return and the total return are approximately 5.17%.

If you had invested $10,000 in this ETF one year ago based on the estimated starting price, your investment's share value would have grown to approximately $10,720 based on the price return alone.

Top Holdings

The fund holds 43 different companies. Some of its largest holdings include:

• Victory Capital Holdings Inc Class A (4.53%)

• Enpro Inc (4.10%)

• Eplus Inc (4.10%)

• Medpace Holdings Inc (4.05%)

• IES Holdings Inc (3.73%)

Please note that these are only the top holdings and can change over time.

Income and distribution explanation

Some investors look for "distributions," which is cash paid out from the ETF to the investor. ALIL has a distribution yield of approximately 0.45%. This means the cash paid out is quite small compared to the share price.

In the last 12 months, the fund made two distributions. The frequency is described as "irregular" or "less frequent." It is important to remember that a distribution yield is not the same as total return.

NAV erosion explanation

"NAV erosion" is a term used when the value of the underlying assets in an ETF drops significantly. StockValueFinder uses an "erosion-risk score" to measure this risk.

For ALIL, the erosion score is 100, and the label says "No price erosion detected." The severity is listed as "good," and there is no severe erosion-risk flag. This means the fund has not shown signs of the type of price deterioration that triggers a warning.

Pros

• The ETF has shown positive price returns over the last year and so far this year.

• There are no signs of price erosion detected by the erosion-risk score.

Cons

• The distribution yield is relatively low at 0.45%.

• Cash distributions are irregular and do not happen on a steady schedule.

Beginner takeaway

ALIL is an ETF focused on small companies. Over the last year, its share price has increased, and its total return (which includes cash payments) was slightly higher than the price return alone. While it does pay some cash to investors, those payments are infrequent.