About ALPBX
The ALPS/Smith Balanced Opportunity Fund Class I is a mutual fund designed to achieve long-term capital growth while prioritizing the preservation of capital and consistent income. Its investment strategy employs a flexible, dynamic asset allocation, typically investing at least 60% of its assets in equity securities such as common and preferred stocks, and the remainder in fixed-income instruments and cash equivalents. This balanced approach allows the fund to adapt to changing market conditions and risk factors. The portfolio features exposure to major sectors and leading companies, with top holdings including high-profile names like Amazon.com, Microsoft, Alphabet, and Apple, as well as significant allocation to the ALPS/SMITH Core Plus Bond ETF. The fund distributes income on a monthly basis and maintains a relatively low beta, reflecting a focus on risk moderation. Since its inception in 2020, it has sought to provide investors with a blend of capital appreciation and stable income, making it suitable for those seeking diversification across both equities and fixed income within a single investment vehicle. The fund is managed by an experienced team and uses prominent benchmarks, such as a blended index of U.S. equities and bonds, to guide its performance evaluation.
Fund Family ALPS
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ALPBX
Share Class Class I
Index Index is not available on Lipper Database
ALPBX had a total return of 12.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.85%.
