ALPS/Alerian Energy Infrastructure III (ALEFX)

Fund Assets	146.37M
Expense Ratio	1.351%
Min. Investment	$0.00
Turnover	n/a
Dividend (ttm)	0.67
Dividend Yield	4.36%
Dividend Growth	25.35%
Payout Frequency	Annual
Ex-Dividend Date	Dec 3, 2025

Previous Close	15.64
YTD Return	22.20%
1-Year Return	26.83%
5-Year Return	124.53%
52-Week Low	12.28
52-Week High	16.53
Beta (5Y)	0.69
Holdings	29
Inception Date	n/a

About ALEFX

The ALPS | Alerian Energy Infrastructure Portfolio Class III is an open-end mutual fund designed to provide targeted exposure to North American energy infrastructure companies. Its primary objective is to track the performance of the Alerian Midstream Energy Select Index, which comprises companies engaged in the transportation, storage, and processing of energy commodities like oil and natural gas. The portfolio consists of both Master Limited Partnerships (MLPs) and large-cap US and Canadian corporations, offering structural and geographic diversification within the midstream energy sector. The fund invests in growth and value stocks across a range of market capitalizations, emphasizing businesses that generally derive revenue from fee-based operations, which can provide more stable cash flows and less direct exposure to commodity price fluctuations. Key sectors within the fund include natural gas and petroleum pipeline transportation, gathering and processing, liquefaction, and storage. The largest holdings typically include notable industry names such as Energy Transfer LP, Enterprise Products Partners, and Enbridge Inc. With a mandate to closely replicate its benchmark, this fund plays a significant role for investors seeking access to the evolving North American energy infrastructure landscape and its essential connectivity between production and end-users.

• Stock Exchange: Nasdaq
• Ticker Symbol: ALEFX
• Share Class: Class III
• Index: Alerian Midstream Energy Dividend TR USD

Performance

ALEFX had a total return of 26.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.24%.

Top 10 Holdings

60.02% of assets

Name	Symbol	Weight
Enbridge Inc.	ENB	8.27%
Energy Transfer LP	ET	7.83%
Enterprise Products Partners L.P.	EPD	7.06%
The Williams Companies, Inc.	WMB	6.33%
DT Midstream, Inc.	DTM	5.28%
Kinder Morgan, Inc.	KMI	5.14%
MPLX LP	MPLX	5.03%
Targa Resources Corp.	TRGP	5.02%
Cheniere Energy, Inc.	LNG	5.02%
Plains GP Holdings, L.P.	PAGP	5.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 3, 2025	$2.38103	Dec 4, 2025
Dec 4, 2024	$0.96462	Dec 5, 2024
Dec 6, 2023	$0.45159	Dec 7, 2023
Dec 7, 2022	$1.70295	Dec 8, 2022
Dec 7, 2021	$0.17789	Dec 8, 2021
Dec 8, 2020	$0.19004	Dec 9, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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