SMRSX: ALPS/Smith Short Duration Bond Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.61

-

0.47%

$0.04

0.79%

Vitals

YTD Return

0.0%

1 yr return

1.2%

3 Yr Avg Return

4.0%

5 Yr Avg Return

N/A

Net Assets

$496 M

Holdings in Top 10

19.8%

52 WEEK LOW AND HIGH

$10.61
$10.57
$10.68

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 457.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Short-Term Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.61

-

0.47%

$0.04

0.79%

SMRSX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.02%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    ALPS/Smith Short Duration Bond Fund
  • Fund Family Name
    ALPS
  • Inception Date
    Jun 29, 2018
  • Shares Outstanding
    972165
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gibson Smith

Fund Description

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in short- and intermediate-term fixed-income securities including government securities, corporate bonds or notes and agency securities. It may also invest in asset-backed securities, money market instruments, commercial loans, and foreign debt securities.


SMRSX - Performance

Return Ranking - Trailing

Period SMRSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -18.7% 97.8% 18.95%
1 Yr 1.2% -1.8% 17.3% 51.05%
3 Yr 4.0%* 0.9% 9.6% 18.21%
5 Yr N/A* 0.2% 6.7% N/A
10 Yr N/A* 0.2% 4.9% N/A

* Annualized

Return Ranking - Calendar

Period SMRSX Return Category Return Low Category Return High Rank in Category (%)
2020 4.2% -23.0% 206.3% 2.70%
2019 1.6% -2.4% 9.3% 72.23%
2018 N/A -50.6% 1.0% N/A
2017 N/A -2.6% 4.6% N/A
2016 N/A -65.8% 10.9% N/A

Total Return Ranking - Trailing

Period SMRSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -18.7% 97.9% 18.82%
1 Yr 1.2% -6.9% 17.3% 42.49%
3 Yr 4.0%* -0.6% 9.6% 16.32%
5 Yr N/A* -0.6% 6.7% N/A
10 Yr N/A* 0.1% 4.9% N/A

* Annualized

Total Return Ranking - Calendar

Period SMRSX Return Category Return Low Category Return High Rank in Category (%)
2020 4.2% -23.0% 206.3% 2.71%
2019 1.6% -2.3% 9.3% 73.81%
2018 N/A -7.0% 6.5% N/A
2017 N/A -2.6% 8.2% N/A
2016 N/A -65.2% 10.9% N/A

NAV & Total Return History


SMRSX - Holdings

Concentration Analysis

SMRSX Category Low Category High SMRSX % Rank
Net Assets 496 M 6.34 M 79.3 B 64.27%
Number of Holdings 323 3 5100 63.07%
Net Assets in Top 10 98.2 M -154 M 12.3 B 64.18%
Weighting of Top 10 19.76% 2.3% 100.0% 62.89%

Top 10 Holdings

  1. United States Treasury Notes 0.25% 3.34%
  2. United States Treasury Notes 0.13% 3.12%
  3. United States Treasury Notes 0.13% 3.12%
  4. United States Treasury Notes 0.38% 3.11%
  5. United States Treasury Notes 1.5% 3.11%
  6. United States Treasury Notes 0.13% 3.05%
  7. United States Treasury Notes 0.13% 2.93%
  8. United States Treasury Notes 0.13% 2.92%
  9. United States Treasury Notes 0.13% 2.90%
  10. United States Treasury Notes 0.25% 2.75%

Asset Allocation

Weighting Return Low Return High SMRSX % Rank
Bonds
92.69% 40.85% 132.53% 45.01%
Convertible Bonds
3.82% 0.00% 37.57% 22.19%
Cash
3.49% -35.97% 56.06% 56.89%
Stocks
0.00% -0.08% 9.53% 87.48%
Preferred Stocks
0.00% 0.00% 23.28% 90.17%
Other
0.00% -6.80% 19.35% 80.82%

Bond Sector Breakdown

Weighting Return Low Return High SMRSX % Rank
Corporate
74.34% 0.00% 100.00% 10.78%
Government
18.73% 0.00% 82.95% 48.18%
Cash & Equivalents
3.49% 0.00% 56.06% 64.50%
Securitized
3.41% 0.00% 94.44% 87.64%
Municipal
0.03% 0.00% 88.84% 51.82%
Derivative
0.00% 0.00% 26.40% 90.02%

Bond Geographic Breakdown

Weighting Return Low Return High SMRSX % Rank
US
80.32% 0.00% 113.69% 37.72%
Non US
12.37% 0.00% 73.25% 56.10%

SMRSX - Expenses

Operational Fees

SMRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.02% 2.47% 32.74%
Management Fee 0.37% 0.00% 1.19% 62.90%
12b-1 Fee 0.25% 0.00% 1.00% 54.68%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

SMRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

SMRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 55.56%

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.

SMRSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 457.00% 0.00% 496.37% 98.03%

SMRSX - Distributions

Dividend Yield Analysis

SMRSX Category Low Category High SMRSX % Rank
Dividend Yield 0.47% 0.00% 1.40% 87.68%

Dividend Distribution Analysis

SMRSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

SMRSX Category Low Category High SMRSX % Rank
Net Income Ratio 1.02% -0.50% 65.00% 85.50%

Capital Gain Distribution Analysis

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

Dividend Payout History

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SMRSX - Fund Manager Analysis

Managers

Gibson Smith


Start Date

Tenure

Tenure Rank

Jun 29, 2018

3.18

3.2%

Mr. Smith is the Chief Investment Officer of Smith Capital Investors, LLC. Prior to his association with Smith Capital Investors, Mr. Smith was with Janus Capital from 2001 until March 2016. He served as the Chief Investment Officer of Fixed Income for Janus Capital from 2006 to 2016. Mr. Smith holds a Bachelor’s degree in Economics from the University of Colorado.

Eric Bernum


Start Date

Tenure

Tenure Rank

Apr 10, 2019

2.39

2.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.02 5.84 1.67