ALPS Balanced Opportunity Fund
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NAV Change
Net Assets
Trailing Twelve Month Yield
Overview
Investment Objective
The ALPS Balanced Opportunity Fund seeks long-term capital growth, consistent with preservation of capital and balanced by current income.
Strategy
Utilizing a flexible and dynamic asset allocation approach to position the portfolio for market conditions, risk factors and outlook, the Fund invests in both equities and fixed income securities to provide both capital growth and income for investors.
Fund Details
Mutual Fund
Monthly
55% Bloomberg US 1000 / 45% Bloomberg US Aggregate Bond Index
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Team
Laton Spahr, CFA
President, Portfolio Manager
Portfolio Manager Since: 2020
Years of Experience: 26
Laton Spahr is Portfolio Manager of the ALPS Active Equity Opportunity ETF and the ALPS Balanced Opportunity Fund. He has over 25 years of experience managing equity and multi-asset strategies across style, market cap and regional categories. Laton is President of ALPS Advisors, Inc.
Laton is a Registered Representative of ALPS Distributors, Inc.
Eric Hewitt
Co-Chief Investment Officer, Portfolio Manager
Portfolio Manager Since: 2020
Years of Experience: 25
Eric Hewitt is Portfolio Manager of the ALPS Active Equity Opportunity ETF and the ALPS Balanced Opportunity Fund. He specializes in asset allocation and equity research. Eric is the Co-Chief Investment Officer at ALPS Advisors, Inc.
Eric is a Registered Representative of ALPS Distributors, Inc.
Performance and Fees
Returns
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As of
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.
Maximum Offering Price (MOP) performance for Class A shares includes the Fund’s maximum sales charge of 3.25%.
Contingent Deferred Sales Charge (CDSC) performance for Class C shares includes a 1% CDSC on shares redeemed within 12-months of purchase. Performance shown at Net Asset Value (NAV) does not include these sales charges and would have been lower had it been taken into account.
Fund inception date: 09/15/2020
Bloomberg US 1000 Index: a float market-cap-weighted benchmark of the 1000 most highly capitalized US companies.
Bloomberg US Aggregate Bond Index: a broad-based benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, fixed-rate agency MBS, ABS and CMBS (agency and non-agency).
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
As of
* Fee imposed on purchases.
** A percentage of the lower of original purchase price or redemption proceeds.
^ What You Pay reflects the Adviser’s decision to contractually limit expenses through 02/28/2026. Please see the prospectus for additional information.
Facts and Characteristics
Fund Pricing
As of
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Fund Yields
Trailing Twelve Month Yield: refers to the percentage of income a portfolio has returned to investors over the last 12 months.
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.
Risk Metrics
For the 3 years ending
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Portfolio
Sector Breakdown
- Top Five Holdings
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Geography Breakdown
- Top Five Holdings
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Fund Holdings
Resources
Funds Related to
ALPS | Smith Core Plus Bond ETF
Fund Disclosure
Effective 10/04/2024, the ALPS | Smith Balanced Opportunity Fund changed its name to the ALPS Balanced Opportunity Fund. Additionally, Smith Capital Investors, LLC ceased to serve as sub-adviser to the Fund and ALPS Advisors, Inc., the Fund’s investment adviser, assumed all responsibility for selecting the Fund’s investments.
A rise in interest rates typically causes bond prices to fall. The longer the duration of the bonds held by a fund, the more sensitive it will likely be to interest rate fluctuations.
The Fund intends to gain fixed income exposure through investments in affiliated exchange-traded funds (ETFs), primarily the ALPS | Smith Core Plus Bond ETF. The Adviser has agreed to waive and/or reimburse the Fund for any acquired fund fees and expenses payable by the Fund that are attributable to the portion of the Fund’s assets invested in an affiliated ETF. Each ETF in which the Fund invests will be subject to its own principal risks. Those ETF risks may in turn become principal risks of an investment in the Fund. ETFs are investment companies that are bought and sold on a securities exchange. The Fund could lose money by investing in an ETF. Overall securities market risks may affect the value of individual instruments in which the Fund or an Underlying ETF invests. When the value of the Fund’s investments goes down, your investment in the Fund decreases in value and you could lose money.
ALPS Advisors, Inc., registered investment adviser with the SEC, is the investment adviser to the Fund. ALPS Advisors, Inc., ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.