ALPS/Smith Short Duration Bond Fund Class I (SMDSX)
| Fund Assets | 644.49M |
| Expense Ratio | 0.49% |
| Min. Investment | $100,000 |
| Turnover | 157.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.21% |
| Dividend Growth | -2.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 26, 2026 |
| Previous Close | 10.25 |
| YTD Return | -0.16% |
| 1-Year Return | 3.62% |
| 5-Year Return | 9.78% |
| 52-Week Low | 10.21 |
| 52-Week High | 10.38 |
| Beta (5Y) | n/a |
| Holdings | 162 |
| Inception Date | Jun 29, 2018 |
About SMDSX
ALPS | Smith Short Duration Bond Fund Class I is an actively managed mutual fund focused on high-quality, short- and intermediate-term fixed-income securities. Its primary objective is to deliver a high and stable level of current income while emphasizing preservation of capital and potential protection in rising rate environments. The portfolio invests at least 80% of assets in government securities, corporate bonds, and agency securities, maintaining a short effective duration profile that targets limited interest-rate sensitivity typical of the short-term bond category. The fund distributes income monthly and is positioned as a conservative core bond holding for investors seeking steadier return patterns than longer-duration strategies. As of mid-2025, the strategy reflects institutional characteristics, including an expense ratio around the middle of its peer group and a focus on liquidity and credit quality, with sizable exposure to U.S. Treasuries alongside investment-grade corporate issuers. Its role in the market centers on mitigating rate risk while providing current income, supported by a research-driven process from SS&C ALPS Advisors in partnership with Smith Capital Investors.
Performance
SMDSX had a total return of 3.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.70%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.03521 | Mar 27, 2026 |
| Feb 26, 2026 | $0.03199 | Feb 27, 2026 |
| Jan 29, 2026 | $0.03274 | Jan 30, 2026 |
| Dec 24, 2025 | $0.03843 | Dec 26, 2025 |
| Nov 20, 2025 | $0.03495 | Nov 21, 2025 |
| Oct 30, 2025 | $0.03543 | Oct 31, 2025 |