Continue to site >
Trending ETFs

Name

As of 01/21/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.69

$26.3 M

1.18%

$0.17

0.90%

Vitals

YTD Return

-4.7%

1 yr return

18.5%

3 Yr Avg Return

16.1%

5 Yr Avg Return

9.8%

Net Assets

$26.3 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$14.9
$13.13
$15.56

Expenses

OPERATING FEES

Expense Ratio 0.90%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/21/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.69

$26.3 M

1.18%

$0.17

0.90%

RLTIX - Profile

Distributions

  • YTD Total Return -4.7%
  • 3 Yr Annualized Total Return 16.1%
  • 5 Yr Annualized Total Return 9.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.68%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    RiverFront Asset Allocation Aggressive
  • Fund Family Name
    ALPS
  • Inception Date
    Oct 28, 2008
  • Shares Outstanding
    1048835
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Bill Ryder

Fund Description

ALPS Advisors, Inc. (the “Adviser”) and RiverFront Investment Group, LLC (the “Sub-Adviser” or “RiverFront”) seek to achieve the Fund’s investment objective by strategically investing in, and tactically adjusting allocations to, exchange-traded funds (ETFs) that, under normal market conditions, are expected to primarily consist of ETFs sub-advised by RiverFront (“RiverFront ETFs”). The Fund also seeks, under normal market conditions, a target asset allocation, on a look-through basis, of 100% to equities and 0% to fixed-income securities, subject to the variations described below. The Fund’s strategic allocation refers to the Sub-Adviser’s long-term, macro-view targeted allocation of asset class exposure that takes into consideration the Fund’s particular investment objective and risk limitations. The Fund’s tactical adjustments refer to the Sub-Adviser’s periodic (typically quarterly, under normal circumstances) modifications of the Fund’s allocation in response to prevailing market conditions, to seek to emphasize asset classes that have positive momentum.

The Fund is designed to meet investor needs for a diversified portfolio solution with a defined objective of long-term growth through a fully managed investment policy utilizing primarily RiverFront ETFs that collectively feature a mix of exposure to equity securities and debt securities (with a strong emphasis on the former) of both United States and foreign issuers, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. Variations of up to 20% in the target asset allocation between equities and fixed income securities are permitted. Therefore, under normal conditions, the equity/fixed income allocation in the Fund may be up to 80%/20% instead of the 100%/0% target. The portfolio is built around a strategic allocation which allocates the portfolio’s investments into large, small, and mid-cap equities, and which may include international equities (including emerging markets). During periods of heightened market uncertainty the Fund may hold fixed income RiverFront ETFs. The fixed income ETFs included in the portfolio may hold fixed income instruments of any credit quality, including “junk” bonds, and of any duration. RiverFront may tactically depart from the targeted allocations when certain sectors appear to be over- or under-valued. The equity issuers to which the Fund will have exposure may be issuers of any market capitalization.

The Sub-Adviser researches and implements its fundamental and technical disciplines on a global basis, without focusing on any one particular geographic region or segment. In addition, the investment universe of certain of the RiverFront ETFs in which the Fund invests corresponds with the companies contained in the MSCI ACWI index, which presently includes issuers from 23 developed and 24 emerging markets.

In making strategic asset allocation decisions for the Fund, RiverFront seeks to identify various equity and other asset classes or market sectors that appear to present attractive relative long-term value and capital growth opportunities over a three- to ten-year period, and to position the Fund’s portfolio

across asset classes that offer the optimal combination of risk and long-term return potential. After determining the strategic asset allocation for the Fund, RiverFront applies tactical allocation that incorporates price, economic and earnings momentum into the asset allocation decisions. Tactical allocation combines mathematical valuation models with market judgment and technical analysis in making risk-controlled adjustments to the strategic asset allocation in order to take advantage of short-term opportunities.

Certain of the RiverFront ETFs that invest in securities of non-U.S. companies may seek to hedge their currency exposure by entering into currency forward contracts or futures contracts.

Each RiverFront ETF may also invest in common and preferred shares of real estate investment trusts (or REITs), which are companies that invest in real estate, mortgages, and/or construction loans.

Under normal circumstances, the Fund may invest at least 25% of its portfolio holdings in the First Trust RiverFront Dynamic Developed International ETF.

Read More

RLTIX - Performance

Return Ranking - Trailing

Period RLTIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -35.6% 29.2% 43.40%
1 Yr 18.5% 17.3% 252.4% 65.11%
3 Yr 16.1%* -3.5% 34.6% 94.16%
5 Yr 9.8%* 0.1% 32.7% 83.36%
10 Yr 9.1%* -6.9% 18.3% 88.50%

* Annualized

Return Ranking - Calendar

Period RLTIX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% -24.3% 957.1% 68.20%
2022 7.3% -38.3% 47.1% 62.71%
2021 19.2% -54.2% 0.6% 99.06%
2020 -36.4% -76.0% 54.1% 57.98%
2019 16.6% -26.1% 47.8% 41.95%

Total Return Ranking - Trailing

Period RLTIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -35.6% 29.2% 44.52%
1 Yr 18.5% 11.4% 252.4% 61.25%
3 Yr 16.1%* -3.5% 34.6% 92.34%
5 Yr 9.8%* 0.1% 32.7% 81.74%
10 Yr 9.1%* -6.9% 18.3% 87.20%

* Annualized

Total Return Ranking - Calendar

Period RLTIX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% -24.3% 957.1% 68.20%
2022 7.3% -33.1% 47.1% 63.08%
2021 19.2% -44.4% 1.8% 99.19%
2020 -36.4% -6.5% 54.1% 80.53%
2019 16.6% -14.4% 47.8% 59.97%

NAV & Total Return History


RLTIX - Holdings

Concentration Analysis

RLTIX Category Low Category High RLTIX % Rank
Net Assets 26.3 M 199 K 133 B 87.28%
Number of Holdings 7 1 9075 96.15%
Net Assets in Top 10 26.3 M -18 M 37.6 B 74.78%
Weighting of Top 10 N/A 9.1% 100.0% 1.35%

Top 10 Holdings

  1. RiverFront Dynamic US Dividend Advtg ETF 31.81%
  2. RiverFront Dynamic US Flex-Cap ETF 30.13%
  3. First Trust RiverFront Dyn Dev Intl ETF 18.69%
  4. First Trust RiverFront Dyn Em Mkts ETF 9.78%
  5. First Trust RiverFront Dynamic Eurp ETF 6.56%
  6. State Street Instl Trs Pls MMkt Premier 3.09%
  7. First Trust RiverFront Dyn Asia Pac ETF 3.06%

Asset Allocation

Weighting Return Low Return High RLTIX % Rank
Stocks
96.60% 61.84% 125.47% 68.17%
Cash
3.22% -174.70% 23.12% 25.22%
Preferred Stocks
0.10% -0.01% 5.28% 97.47%
Other
0.08% -13.98% 19.14% 97.36%
Convertible Bonds
0.00% 0.00% 4.46% 97.58%
Bonds
0.00% -1.50% 161.67% 97.58%

Stock Sector Breakdown

Weighting Return Low Return High RLTIX % Rank
Technology
22.16% 0.00% 49.87% 27.20%
Financial Services
14.20% 0.00% 38.42% 61.23%
Healthcare
13.20% 0.00% 35.42% 72.03%
Industrials
11.74% 0.00% 44.06% 44.16%
Consumer Defense
8.14% 0.00% 73.28% 38.44%
Consumer Cyclical
6.78% 0.00% 40.94% 65.09%
Real Estate
6.65% 0.00% 39.48% 3.63%
Basic Materials
4.89% 0.00% 38.60% 20.37%
Communication Services
4.75% 0.00% 57.66% 75.22%
Utilities
3.98% 0.00% 29.12% 50.77%
Energy
3.52% 0.00% 21.15% 54.96%

Stock Geographic Breakdown

Weighting Return Low Return High RLTIX % Rank
US
62.13% 0.13% 103.82% 27.53%
Non US
34.47% 0.58% 99.46% 75.55%

RLTIX - Expenses

Operational Fees

RLTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 44.27% 97.15%
Management Fee 0.00% 0.00% 1.82% 3.50%
12b-1 Fee 0.00% 0.00% 1.00% 12.20%
Administrative Fee N/A 0.01% 0.76% 93.49%

Sales Fees

RLTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RLTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RLTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 395.00% 23.85%

RLTIX - Distributions

Dividend Yield Analysis

RLTIX Category Low Category High RLTIX % Rank
Dividend Yield 1.18% 0.00% 3.26% 97.59%

Dividend Distribution Analysis

RLTIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

RLTIX Category Low Category High RLTIX % Rank
Net Income Ratio 1.68% -4.27% 12.65% 22.05%

Capital Gain Distribution Analysis

RLTIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

RLTIX - Fund Manager Analysis

Managers

Bill Ryder


Start Date

Tenure

Tenure Rank

Feb 28, 2018

3.84

3.8%

Bill serves as Director of Quantitative Market Strategy bringing more than 20 years of experience in the business. In his current role, Bill has worked to develop a number of quantitative tools that provide market signals to the team; focusing on time periods of 1 to 3 months. Prior to launching RiverFront, Bill was Director of Quantitative Strategy at Wachovia Securities and its predecessor firms. Bill joined the Investment Strategy Department of Wachovia Securities (Wheat First Butcher Singer) in 1991 and during his time there also served as a portfolio manager for separately managed and mutual fund portfolios. Bill is a Chartered Financial Analyst (CFA) and Chartered Market Technician (CMT).

Scott Hays


Start Date

Tenure

Tenure Rank

Mar 31, 2020

1.75

1.8%

As Quantitative Portfolio Manager, Scott is responsible for developing and implementing analytical investment approaches in the US Equity and International Equity markets. Prior to joining RiverFront, Scott co-founded and served as Chief Investment Officer of an alternative asset management company that employed a quantitative market-neutral equity approach. Scott also worked for 6 years at Analysis Group, a financial and economic consulting firm, where he managed a team dedicated to valuing illiquid assets such as mortgage-backed securities, real estate, and oil and gas properties. Scott received a BBA from Millsaps College, Summa Cum Laude, with a double major in Economics and Business Administration. He also earned an MBA with High Honors from the University of Chicago in Analytic Finance, Econometrics/Statistics and Economics. Additionally, Scott has successfully completed the FINRA Series 65 licensing exam.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25