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Morningstar

ALPS/Smith Balanced Opportunity A ALABX

Morningstar Medalist Rating
Medalist Rating as of | See ALPS Investment Hub
  • NAV / 1-Day Return 12.21  /  −0.16 %
  • Total Assets 25.2 Mil
  • Adj. Expense Ratio
    1.160%
  • Expense Ratio 1.160%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.55%
  • Turnover 74%

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 12:01 AM GMT+0

Morningstar’s Analysis ALABX

Will ALABX 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 ALABX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALABX 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 ALABX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in ALPS/ Smith Balanced Opportunity A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of 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 second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ALABX

More ALABX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

3.06 706,579
Technology

United States Treasury Bonds 4.75%

2.41 557,455
Government

United States Treasury Bonds 4.75%

2.37 546,141
Government

JPMorgan Chase & Co

2.22 512,001
Financial Services

Apple Inc

2.04 470,158
Technology

Cash

2.03 469,038
Cash and Equivalents

Alphabet Inc Class A

1.92 442,817
Communication Services

NVIDIA Corp

1.90 438,270
Technology

State Street Instl Trs Pls MMkt Premier

1.88 433,669
Corporate

UnitedHealth Group Inc

1.75 404,855
Healthcare