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 higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ALPS/Red Rocks Global Opportunity Portfolio, 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/Red Rocks Global Opportunity Portfolio had a return of 3.99% year-to-date (YTD) and 19.54% in the last 12 months. Over the past 10 years, ALPS/Red Rocks Global Opportunity Portfolio had an annualized return of 9.06%, while the S&P 500 had an annualized return of 11.26%, indicating that ALPS/Red Rocks Global Opportunity Portfolio did not perform as well as the benchmark.
AVPEX
3.99%
-0.14%
7.77%
19.54%
7.94%
9.06%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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% | 3.99% | |||||||||||
| 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% | -11.33% | 10.34% | -6.72% | -11.87% | 7.45% | 8.86% | -15.99% | -37.09% |
| 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% | 11.20% | 5.42% | 2.89% | 5.78% | 5.39% | -2.45% | -2.08% | 13.93% | 20.70% | 22.51% |
| 2019 | 9.39% | 2.89% | 3.31% | 5.25% | -4.01% | 5.91% | 0.67% | -0.44% | 2.52% | 3.26% | 3.64% | 3.52% | 41.62% |
| 2018 | 7.11% | -5.12% | -1.82% | 1.19% | -1.98% | -0.45% | 2.78% | 0.37% | 2.41% | -8.75% | -1.25% | -7.10% | -12.88% |
| 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% | 1.55% | 0.00% | -3.52% | 4.83% | 0.75% | 2.61% | -1.36% | 1.01% | 1.73% | 7.94% |
| 2015 | -0.29% | 4.98% | -1.37% | 3.33% | 1.61% | -1.32% | 0.71% | -4.87% | -4.01% | 3.79% | -1.87% | -1.55% | -1.36% |
| 2014 | 1.10% | 3.07% | 0.48% | 4.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AVPEX is 74, 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.
Dividends
Dividend History
ALPS/Red Rocks Global Opportunity Portfolio provided a 8.49% 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 | $1.69 | $0.74 | $3.72 | $0.30 | $0.72 | $0.32 | $0.08 | $0.01 |
Dividend yield | 8.49% | 8.83% | 0.00% | 17.84% | 4.24% | 25.36% | 1.95% | 6.47% | 2.33% | 0.72% | 0.07% |
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 | ||||||||||
| 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 | $1.69 | $1.69 |
| 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 | $3.72 | $3.72 |
| 2019 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.72 |
| 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.
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 1.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.42% | Feb 18, 2020 | 25 | Mar 23, 2020 | 179 | Dec 4, 2020 | 204 |
| -38.96% | Nov 10, 2021 | 285 | Dec 28, 2022 | — | — | — |
| -21.98% | Jan 29, 2018 | 229 | Dec 24, 2018 | 128 | Jun 28, 2019 | 357 |
| -21.16% | May 22, 2015 | 183 | Feb 11, 2016 | 239 | Jan 24, 2017 | 422 |
| -6.6% | Sep 7, 2021 | 22 | Oct 6, 2021 | 12 | Oct 22, 2021 | 34 |
Volatility
Volatility Chart
The current ALPS/Red Rocks Global Opportunity Portfolio volatility is 3.09%, 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.