ALCBX: ALPS | Smith Balanced Opportunity Fund - MutualFunds.com

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ALPS | Smith Balanced Opportunity C

ALCBX - Snapshot

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $12.1 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$10.08
$9.77
$11.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $500

Fund Classification


Compare ALCBX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$28.40

-1.90%

$169.03 B

1.38%

$0.40

-0.35%

0.58%

$42.90

-2.43%

$107.30 B

2.50%

$1.10

-1.11%

0.25%

$40.72

-2.05%

$47.20 B

1.91%

$0.79

3.80%

0.18%

$33.22

-2.15%

$40.15 B

1.41%

$0.48

6.41%

0.70%

$25.42

-2.34%

$36.92 B

1.61%

$0.42

3.33%

0.52%

ALCBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    ALPS | Smith Balanced Opportunity Fund
  • Fund Family Name
    ALPS
  • Inception Date
    Sep 15, 2020
  • Shares Outstanding
    50000
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Eric Bernum

Fund Description

The fund pursues its investment objective by normally investing 60% of its assets in equity securities and 40% of its assets in fixed-income securities and cash equivalents. Equity securities in which the fund may invest include common stocks and preferred stocks. Its fixed-income investments may reflect a broad range of credit qualities and may include corporate debt securities, U.S. government obligations, agency mortgage-backed securities, asset-backed securities, and bank loans.


ALCBX - Performance

Return Ranking - Trailing

Period ALCBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -42.1% 19.0% 62.69%
1 Yr N/A -21.9% 29.9% 97.72%
3 Yr N/A* -5.3% 14.1% 90.85%
5 Yr N/A* 0.1% 12.6% 93.69%
10 Yr N/A* 1.0% 12.1% 76.70%

* Annualized

Return Ranking - Calendar

Period ALCBX Return Category Return Low Category Return High Rank in Category (%)
2019 2.9% -5.8% 25.7% 98.77%
2018 -3.0% -32.7% 0.0% 1.09%
2017 2.2% -6.5% 22.4% 94.89%
2016 -3.6% -43.7% 23.3% 98.46%
2015 -0.3% -32.5% 2.6% 1.12%

Total Return Ranking - Trailing

Period ALCBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -42.1% 18.5% 62.69%
1 Yr N/A -21.9% 29.9% 97.72%
3 Yr N/A* -5.3% 14.1% 95.51%
5 Yr N/A* 0.1% 12.6% 96.45%
10 Yr N/A* 1.0% 12.1% 89.32%

* Annualized

Total Return Ranking - Calendar

Period ALCBX Return Category Return Low Category Return High Rank in Category (%)
2019 2.9% -5.8% 25.7% 98.77%
2018 -3.0% -32.7% 0.8% 5.43%
2017 2.2% -3.7% 31.9% 97.86%
2016 -3.6% -43.7% 23.3% 99.32%
2015 -0.3% -32.5% 5.6% 17.57%

NAV & Total Return History


ALCBX - Holdings

Concentration Analysis

ALCBX Category Low Category High ALCBX % Rank
Net Assets 12.1 M 725 K 169 B 96.44%
Number of Holdings N/A 2 14178 53.37%
Net Assets in Top 10 N/A 669 K 30 B 18.65%
Weighting of Top 10 N/A 10.2% 100.0% 20.21%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High ALCBX % Rank
Bonds
97.64% -2.07% 97.64% 0.15%
Stocks
0.00% 0.00% 136.23% 100.00%
Preferred Stocks
0.00% 0.00% 30.12% 8.81%
Other
0.00% -2.41% 30.21% 13.99%
Convertible Bonds
0.00% 0.00% 27.55% 8.81%
Cash
0.00% -36.23% 89.35% 25.91%

ALCBX - Expenses

Operational Fees

ALCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 4.93% 15.10%
Management Fee 0.70% 0.00% 1.75% 83.90%
12b-1 Fee 1.00% 0.00% 1.00% 91.06%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

ALCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 63.16%

Trading Fees

ALCBX 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.

ALCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 484.00% 23.44%

ALCBX - Distributions

Dividend Yield Analysis

ALCBX Category Low Category High ALCBX % Rank
Dividend Yield 0.00% 0.00% 9.94% 50.56%

Dividend Distribution Analysis

ALCBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Quarterly

Net Income Ratio Analysis

ALCBX Category Low Category High ALCBX % Rank
Net Income Ratio N/A -4.40% 11.02% 54.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

ALCBX - Fund Manager Analysis

Managers

Eric Bernum


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.04

0.0%

Mr. Bernum is an Investor with Smith Capital Investors, LLC, and has served as portfolio manager of the Funds since 2019. Prior to his association with Smith Capital Investors, Mr. Bernum was an Executive Director, Senior Portfolio Manager at J.P. Morgan Asset Management from 2017 to 2018. Before that, Mr. Bernum was at Janus Capital Group from 2004 to 2017 holding various positions including Assistant Portfolio Manager and the Co-Head of Global Fixed Income Trading. Mr. Bernum holds a Bachelor’s degree in Finance from Colorado State University.

Gibson Smith


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.04

0.0%

Mr. Smith is the Chief Investment Officer of Smith Capital Investors, LLC, and has served as portfolio manager of the Funds since their inception in 2018. Prior to his association with Smith Capital Investors, Mr. Smith was the Chief Investment Officer of Fixed Income of Janus Capital from 2006 to 2016. Mr. Smith holds a Bachelor’s degree in Economics from the University of Colorado.

Laton Spahr


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.04

0.0%

Laton Spahr serves as portfolio manager of the Large Cap Value, Dividend Value and Mid Cap Value strategies. Prior to joining the firm in March 2013, Laton was a senior portfolio manager at Columbia Management Investment Advisors since 2003, managing value and income strategies across institutional and retail investment channels. During his twelve-year tenure at Columbia Management, he also conducted equity risk management, analyzed and traded derivatives and structured products, and was a technology analyst. Laton was an equity analyst at Holland Capital Management from 1999 to 2001, a research intern at Friess Associates from 1998 to 1999, and a commercial loan officer at Jackson State Bank from 1997 to 1998. He holds a B.S. in finance and minor in accounting from the University of Wyoming and an M.S. in finance, investments, and banking as part of the Applied Security Analysis program at the University of Wisconsin. Laton is also a CFA charterholder.

Eric Hewitt


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.04

0.0%

Eric Hewitt serves as lead portfolio manager of the Small Cap Value strategy, co-portfolio manager of the Mid Cap Value strategy and senior research analyst for the Large Cap Value and Dividend Value strategies. Prior to joining the firm in March 2013, Eric was a product manager and customer portfolio manager responsible for multiple value strategies at Columbia Management Investment Advisors. From 2009 to 2012, he was a senior equity analyst at Diamondback/Harbor Watch Capital Management for a multi-strategy hedge fund and focused on mid- and small-cap value stocks in the consumer non-cyclical and cyclical sectors and related industrial and financial areas. From 1999 to 2009, Eric worked at AllianceBernstein, serving as senior equity analyst and portfolio manager. Prior to AllianceBernstein, he was a bond trader and funding specialist at Lehman Brothers for five years. Eric holds a B.A. in political science and international relations from the University of Wisconsin and an M.B.A. with a concentration in finance from the University of Minnesota – Carlson School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.78 6.15 0.75