ALPS/Smith Balanced Opportunity Fund (ALIBX)
The fund invests in a mix of equity and fixed-income securities, with a focus on common and preferred stocks as well as various types of debt securities including corporate bonds and mortgage-backed securities.
Fund Info
| Issuer | ALPS |
|---|---|
| Inception Date | Sep 14, 2020 |
| Category | Diversified Portfolio |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
ALIBX has a high expense ratio of 1.12%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ALIBX vs. SMTH
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ALPS/Smith Balanced Opportunity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ALPS/Smith Balanced Opportunity Fund had a return of 18.36% year-to-date (YTD) and 26.96% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.36% | 25.82% |
| 1 month | 2.12% | 3.20% |
| 6 months | 11.14% | 14.94% |
| 1 year | 26.96% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of ALIBX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.14% | 3.27% | 2.67% | -3.41% | 2.62% | 2.78% | 1.91% | 1.62% | 2.13% | -1.16% | 18.36% | ||
| 2023 | 5.48% | -2.28% | 2.28% | 0.68% | 0.04% | 3.45% | 2.09% | -1.58% | -3.35% | -2.18% | 6.91% | 4.32% | 16.38% |
| 2022 | -4.49% | -1.10% | 1.21% | -4.30% | -2.88% | -7.16% | 7.26% | -3.01% | -6.39% | 3.65% | 5.05% | -4.12% | -16.13% |
| 2021 | -0.62% | 3.59% | 2.47% | 3.54% | 0.25% | 0.42% | 1.69% | 1.02% | -3.17% | 3.68% | -1.13% | 2.87% | 15.34% |
| 2020 | -0.50% | -0.68% | 6.64% | 2.52% | 8.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ALIBX is 90, placing it in the top 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ALPS/Smith Balanced Opportunity Fund (ALIBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ALPS/Smith Balanced Opportunity Fund provided a 1.50% dividend yield over the last twelve months, with an annual payout of $0.21 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.21 | $0.20 | $0.13 | $0.05 | $0.01 |
Dividend yield | 1.50% | 1.66% | 1.22% | 0.42% | 0.12% |
Monthly Dividends
The table displays the monthly dividend distributions for ALPS/Smith Balanced Opportunity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.01 | $0.02 | $0.02 | $0.01 | $0.03 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.00 | $0.17 | |
| 2023 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.20 |
| 2022 | $0.00 | $0.01 | $0.01 | $0.00 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.13 |
| 2021 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.00 | $0.00 | $0.01 | $0.05 |
| 2020 | $0.00 | $0.01 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ALPS/Smith Balanced Opportunity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ALPS/Smith Balanced Opportunity Fund was 20.28%, occurring on Oct 14, 2022. Recovery took 329 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.28% | Dec 30, 2021 | 200 | Oct 14, 2022 | 329 | Feb 7, 2024 | 529 |
| -4.49% | Jul 17, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -3.67% | Apr 1, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
| -3.41% | Sep 3, 2021 | 19 | Sep 30, 2021 | 20 | Oct 28, 2021 | 39 |
| -3.4% | Oct 13, 2020 | 14 | Oct 30, 2020 | 4 | Nov 5, 2020 | 18 |
Volatility
Volatility Chart
The current ALPS/Smith Balanced Opportunity Fund volatility is 2.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.