ALPS/Red Rocks Global Opportunity Portfolio (AVPEX)
The investment seeks to maximize total return, which consists of appreciation on its investments and a variable income stream. The portfolio will invest at least 80% of its net assets in securities of U.S. and non-U.S. companies, including those in emerging markets, listed on a national securities exchange, or foreign equivalent, that have a majority of their assets invested in or exposed to private companies or have as their stated intention to have a majority of their assets invested in or exposed to private companies ("Listed Private Equity Companies").
Fund Info
US02110B8019
Oct 23, 2014
$0
Mid-Cap
Blend
Expense Ratio
AVPEX has a high expense ratio of 1.45%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
ALPS/Red Rocks Global Opportunity Portfolio (AVPEX) returned -0.08% year-to-date (YTD) and 9.04% over the past 12 months. Over the past 10 years, AVPEX returned 8.49% annually, underperforming the S&P 500 benchmark at 10.84%.
AVPEX
-0.08%
2.08%
-3.39%
9.04%
10.29%
12.45%
8.49%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of AVPEX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.57% | -3.21% | -5.75% | 1.56% | 2.16% | -0.08% | |||||||
| 2024 | 0.90% | 3.17% | 2.28% | -2.00% | 5.02% | -1.27% | 6.06% | 0.50% | 2.13% | -2.23% | 7.11% | -4.28% | 18.06% |
| 2023 | 8.97% | -2.13% | -2.28% | 2.63% | 0.20% | 4.23% | 3.87% | -1.27% | -1.29% | -4.85% | 11.96% | 6.92% | 28.80% |
| 2022 | -7.13% | -4.08% | 0.06% | -10.57% | -0.14% | -11.34% | 10.34% | -6.72% | -11.87% | 7.45% | 8.86% | -5.13% | -28.96% |
| 2021 | -2.46% | 3.71% | 2.16% | 6.87% | 1.11% | 1.34% | 4.04% | 2.20% | -4.25% | 6.99% | -3.38% | 4.12% | 24.03% |
| 2020 | 1.37% | -9.79% | -24.14% | 11.21% | 5.42% | 2.89% | 5.78% | 5.39% | -2.45% | -2.08% | 13.93% | 7.58% | 9.19% |
| 2019 | 9.39% | 2.89% | 3.31% | 5.25% | -4.00% | 5.91% | 0.67% | -0.44% | 2.52% | 3.26% | 3.64% | 4.67% | 43.20% |
| 2018 | 7.11% | -5.12% | -1.82% | 1.19% | -1.98% | -0.45% | 2.78% | 0.37% | 2.41% | -8.75% | -1.25% | -6.81% | -12.61% |
| 2017 | 4.07% | 1.30% | 0.94% | 4.84% | 4.13% | 1.32% | 3.15% | -0.74% | 2.48% | 0.37% | -0.58% | 1.40% | 24.96% |
| 2016 | -6.98% | -1.56% | 9.52% | 1.54% | -0.00% | -3.52% | 4.83% | 0.75% | 2.62% | -1.36% | 1.01% | 1.76% | 7.97% |
| 2015 | -0.29% | 4.98% | -1.37% | 3.33% | 1.61% | -1.32% | 0.71% | -4.87% | -4.01% | 3.79% | -1.87% | -1.51% | -1.32% |
| 2014 | 1.10% | 3.07% | 0.48% | 4.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AVPEX is 34, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ALPS/Red Rocks Global Opportunity Portfolio (AVPEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
ALPS/Red Rocks Global Opportunity Portfolio provided a 8.84% dividend yield over the last twelve months, with an annual payout of $1.17 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.17 | $1.17 | $0.00 | $2.94 | $0.74 | $1.98 | $0.46 | $0.75 | $0.32 | $0.08 | $0.01 |
Dividend yield | 8.84% | 8.83% | 0.00% | 31.03% | 4.24% | 13.52% | 3.02% | 6.79% | 2.33% | 0.75% | 0.11% |
Monthly Dividends
The table displays the monthly dividend distributions for ALPS/Red Rocks Global Opportunity Portfolio. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 | $1.17 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.94 | $2.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.98 | $1.98 |
| 2019 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.46 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.75 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2015 | $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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ALPS/Red Rocks Global Opportunity Portfolio. 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/Red Rocks Global Opportunity Portfolio was 46.42%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.
The current ALPS/Red Rocks Global Opportunity Portfolio drawdown is 5.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.42% | Feb 18, 2020 | 25 | Mar 23, 2020 | 179 | Dec 4, 2020 | 204 |
| -37.5% | Nov 10, 2021 | 232 | Oct 12, 2022 | 437 | Jul 11, 2024 | 669 |
| -21.74% | Jan 29, 2018 | 229 | Dec 24, 2018 | 128 | Jun 28, 2019 | 357 |
| -21.13% | May 22, 2015 | 183 | Feb 11, 2016 | 239 | Jan 24, 2017 | 422 |
| -19.03% | Jan 31, 2025 | 47 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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