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Morningstar

ALPS/CorCmdty Mgmt CmpltCmdty Strat Inv JCRAX

Morningstar Medalist Rating
Medalist Rating as of | See ALPS Investment Hub
  • NAV / 1-Day Return 7.57  /  +0.13 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    1.410%
  • Expense Ratio 1.410%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Commodities Broad Basket
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.74%
  • Turnover 59%

USD | NAV as of May 11, 2024 | 1-Day Return as of May 11, 2024, 12:33 AM GMT+0

Morningstar’s Analysis JCRAX

Will JCRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JCRAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JCRAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JCRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Increased confidence in ALPS/ CorCmdty Mgmt CmpltCmdty Strat Inv's prospects relative to its Morningstar Category peers results in an upgrade in this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings JCRAX

More JCRAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.5%

35.53 365.0 Mil
Cash and Equivalents

Crb 3m Fwd Tr Index

14.27 146.6 Mil
—

Crb 3m Fwd Tr Index

11.83 121.5 Mil
—

Tr/Cc Crb 3m Fwd Trs

9.88 101.5 Mil
—

BlackRock Liquidity Treasury Instl

9.44 97.0 Mil
Cash and Equivalents

Crb 3m Fwd Tr Index

8.92 91.7 Mil
—

United States Treasury Notes 0.13%

8.92 91.6 Mil
Government

Crb 3m Fwd Tr Index -

8.68 89.1 Mil
—

Crb 3m Fwd Tr Index

8.48 87.1 Mil
—

United States Treasury Bills 0%

4.58 47.1 Mil
Government