RMIAX: RiverFront Asset Allocation Moderate - MutualFunds.com

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RiverFront Asset Allocation Moderate Inv

RMIAX - Snapshot

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return 4.0%
  • 5 Yr Annualized Return 6.1%
  • Net Assets $48.4 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$10.85
$8.73
$11.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification


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

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$29.24

+0.03%

$169.03 B

3.40%

$1.00

2.60%

0.58%

$44.39

+0.29%

$107.30 B

4.57%

$2.02

2.33%

0.25%

$41.91

+0.14%

$47.20 B

2.05%

$0.86

6.83%

0.18%

$34.10

+0.41%

$40.15 B

5.36%

$1.82

9.22%

0.70%

$26.30

+0.27%

$36.92 B

3.97%

$1.04

6.91%

0.53%

RMIAX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    RiverFront Asset Allocation Moderate
  • Fund Family Name
    ALPS
  • Inception Date
    Aug 02, 2010
  • Shares Outstanding
    371009
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Bill Ryder

Fund Description

The adviser and sub-adviser 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. The fund also seeks, under normal market conditions, a target asset allocation, on a look-through basis, of 50% to equities and 50% to fixed-income securities.


RMIAX - Performance

Return Ranking - Trailing

Period RMIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -42.1% 23.9% 60.99%
1 Yr 5.6% -21.9% 29.9% 65.58%
3 Yr 4.0%* -5.3% 14.1% 78.75%
5 Yr 6.1%* 0.1% 12.6% 80.25%
10 Yr 5.6%* 1.0% 12.1% 90.24%

* Annualized

Return Ranking - Calendar

Period RMIAX Return Category Return Low Category Return High Rank in Category (%)
2019 14.2% -5.8% 25.7% 44.82%
2018 -22.0% -32.7% 0.0% 98.45%
2017 5.4% -6.5% 22.4% 77.38%
2016 4.1% -43.7% 23.3% 46.60%
2015 -4.0% -32.5% 2.6% 21.34%

Total Return Ranking - Trailing

Period RMIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -42.1% 24.0% 60.99%
1 Yr 5.6% -21.9% 29.9% 57.12%
3 Yr 4.0%* -5.3% 14.1% 73.85%
5 Yr 6.1%* 0.1% 12.6% 77.16%
10 Yr 5.6%* 1.0% 12.1% 89.87%

* Annualized

Total Return Ranking - Calendar

Period RMIAX Return Category Return Low Category Return High Rank in Category (%)
2019 14.2% -5.8% 25.7% 44.82%
2018 -22.0% -32.7% 0.8% 98.45%
2017 5.4% -3.7% 31.9% 93.44%
2016 4.1% -43.7% 23.3% 79.08%
2015 -4.0% -32.5% 5.6% 64.94%

NAV & Total Return History


RMIAX - Holdings

Concentration Analysis

RMIAX Category Low Category High RMIAX % Rank
Net Assets 48.4 M 725 K 169 B 88.24%
Number of Holdings 8 2 19905 93.30%
Net Assets in Top 10 48.4 M 669 K 30 B 81.51%
Weighting of Top 10 N/A 10.2% 100.0% 10.71%

Top 10 Holdings

  1. RiverFront Dynamic Core Income ETF 41.35%
  2. RiverFront Dynamic US Dividend Advtg ETF 35.58%
  3. RiverFront Dynamic US Flex-Cap ETF 11.08%
  4. First Trust RiverFront Dyn Dev Intl ETF 5.43%
  5. RiverFront Strategic Income ETF 2.92%
  6. State Street Instl Trs Pls MMkt Premier 1.92%
  7. RiverFront Dynamic Unconstrained Inc ETF 1.80%

Asset Allocation

Weighting Return Low Return High RMIAX % Rank
Stocks
51.85% 0.00% 136.23% 82.41%
Bonds
36.71% -2.07% 97.64% 29.51%
Cash
10.84% -36.23% 89.35% 8.30%
Convertible Bonds
0.59% 0.00% 27.55% 31.59%
Preferred Stocks
0.00% 0.00% 30.12% 98.11%
Other
0.00% -2.41% 30.21% 93.01%

Stock Sector Breakdown

Weighting Return Low Return High RMIAX % Rank
Technology
27.20% 0.00% 48.90% 5.97%
Consumer Cyclical
12.72% 0.00% 23.61% 17.90%
Healthcare
12.09% 0.00% 38.87% 81.95%
Financial Services
10.43% 0.00% 100.00% 93.30%
Consumer Defense
9.39% 0.00% 17.85% 23.00%
Industrials
8.65% 0.00% 36.81% 70.01%
Communication Services
6.29% 0.00% 43.64% 83.55%
Real Estate
5.89% 0.00% 100.00% 20.09%
Basic Materials
2.92% 0.00% 29.84% 66.52%
Utilities
2.74% 0.00% 100.00% 55.75%
Energy
1.67% 0.00% 90.89% 84.43%

Stock Geographic Breakdown

Weighting Return Low Return High RMIAX % Rank
US
46.53% 0.13% 133.30% 54.00%
Non US
5.32% 0.00% 44.78% 66.67%

Bond Sector Breakdown

Weighting Return Low Return High RMIAX % Rank
Corporate
76.86% 0.00% 98.96% 3.93%
Government
21.73% 0.00% 99.35% 50.80%
Cash & Equivalents
1.41% 0.12% 100.00% 94.91%
Derivative
0.00% 0.00% 34.99% 93.89%
Securitized
0.00% 0.00% 60.86% 99.27%
Municipal
0.00% 0.00% 24.46% 97.82%

Bond Geographic Breakdown

Weighting Return Low Return High RMIAX % Rank
US
33.41% -4.58% 72.81% 26.78%
Non US
3.30% -6.12% 73.06% 55.90%

RMIAX - Expenses

Operational Fees

RMIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.01% 4.93% 73.95%
Management Fee 0.00% 0.00% 1.75% 18.28%
12b-1 Fee 0.25% 0.00% 1.00% 51.82%
Administrative Fee N/A 0.01% 0.83% 93.66%

Sales Fees

RMIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% 52.60%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RMIAX 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.

RMIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 0.00% 484.00% 52.08%

RMIAX - Distributions

Dividend Yield Analysis

RMIAX Category Low Category High RMIAX % Rank
Dividend Yield 0.00% 0.00% 9.58% 91.84%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RMIAX Category Low Category High RMIAX % Rank
Net Income Ratio 2.00% -4.40% 11.02% 33.19%

Capital Gain Distribution Analysis

RMIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

RMIAX - Fund Manager Analysis

Managers

Bill Ryder


Start Date

Tenure

Tenure Rank

Feb 28, 2018

2.59

2.6%

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

0.5

0.5%

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
0.04 36.78 6.27 0.75