ALPS Active REIT ETF
Market Price
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Trailing Twelve Month Yield
Nasdaq Just for Funds
Nick Tannura, Portfolio Manager, recently sat down with Ali Hennessy, Head of ETF Listings at Nasdaq, to discuss GSI Capital Advisors’ strategic approach to investing in an Active REIT ETF.
Overview
Investment Objective
The ALPS Active REIT ETF (REIT) seeks total return through dividends and capital appreciation.
Strategy
The ALPS Active REIT ETF (REIT) seeks to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of Real Estate Investment Trusts (REITs). REIT will primarily invest in publicly traded common equity securities of US REITs.
Fund Details
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Listing Exchange
Nasdaq |
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ISIN
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| Fund Type Exchange-Traded Fund |
Primary Benchmark S&P US REIT Index |
Team
Nicholas Tannura
Chief Investment Officer, Portfolio Manager
Portfolio Manager Since: 2021
Years of Experience: 39
Nicholas Tannura is Portfolio Manager of the ALPS Active REIT ETF and Chief Investment Officer and lead Portfolio Manager of GSI Capital Advisors, LLC where he is responsible for leading the research and investment efforts of the firm.
Julia Pence
Portfolio Manager
Portfolio Manager Since: 2021
Years of Experience: 19
Julia Pence is Portfolio Manager of the ALPS Active REIT ETF and Portfolio Manager at GSI Capital Advisors, LLC. Responsible for managing and monitoring investment activity, Julia has prior experience as a real estate research analyst assisting with strategic coverage of healthcare, strip center and mall sectors.
Performance and Fees
Returns
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Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed, may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. For current month-end performance call 1-866-759-5679 or visit www.alpsfunds.com. Performance includes reinvested distributions and capital gains.
Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
Fund inception date: 02/25/2021
S&P US REIT Index: defines and measures the investable universe of publicly traded real estate investment trusts (REITs) domiciled in the United States. One may not invest directly in an index.
$10,000 Hypothetical Investment
The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month. Past performance is no guarantee of future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Fees
Facts and Characteristics
Fund Pricing
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Risk Metrics
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Trading Characteristics
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Fund Yields
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30-Day SEC Yield: reflects the dividends and interest earned during the period, after the deduction of the Fund's expenses.
30-Day SEC Yield (Unsubsidized): reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.
Portfolio
Industry Breakdown
- Top Five Holdings
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Geography Breakdown
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Fund Holdings
Funds Related to REIT
ALPS REIT Dividend Dogs ETF
Fund Disclosure
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable.
Ownership of real estate is subject to fluctuations in the value of underlying properties, the impact of economic conditions on real estate values, the strength of specific industries renting properties and defaults by borrowers or tenants. Real estate is a cyclical business, highly sensitive to general and local economic conditions and developments, and characterized by intense competition and periodic overbuilding. Credit and interest rate risk may affect real estate companies’ ability to borrow or lend money.
The Fund will primarily invest in publicly traded common equity securities of US REITs. The Fund may also invest a portion of its assets in publicly traded common equity of US real estate operating companies (not structured as REITs), publicly traded preferred equity of US REITs and real estate operating companies, and cash and cash equivalents.
The Fund is considered nondiversified and as a result may experience greater volatility than a diversified fund.
ALPS Advisors, Inc. and GSI Capital Advisors, LLC, registered investment advisers with the SEC, are the investment adviser and sub-adviser to the Fund, respectively. ALPS Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc., affiliated entities, are unaffiliated with GSI Capital Advisors, LLC.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.