Related Funds
ALPS/Smith Short Duration Bond Fund
Class I
Fund Stats as of 11/20/2018
Symbol SMTHX
ISIN US31761R3930
Inception Date 06/29/2018
Dividends Paid Monthly
Minimum Investment $100,000
CUSIP 31761R 393
Fund Type Open End Fund
NAV $10.06
NAV Change $-0.01
Expenses as of 06/29/2018
Total Expense Ratio0.80%
What You Pay0.67%
Class Investor
Fund Stats as of 11/20/2018
Symbol SMTRX
ISIN US31761R4359
Inception Date 06/29/2018
Dividends Paid Monthly
Minimum Investment $500 for tax-deferred accounts
$2,500 for other accounts
CUSIP 31761R 435
Fund Type Open End Fund
NAV $10.07
NAV Change $0.00
Expenses as of 06/29/2018
Total Expense Ratio1.20%
What You Pay1.07%
Class A
Fund Stats as of 11/20/2018
Symbol SMAMX
ISIN US31761R4276
Inception Date 06/29/2018
Dividends Paid Monthly
Minimum Investment $500 for tax-deferred accounts
$2,500 for other accounts
CUSIP 31761R 427
Fund Type Open End Fund
NAV $10.06
NAV Change $-0.01
Expenses as of 06/29/2018
Total Expense Ratio1.20%
What You Pay1.07%
Class C
Fund Stats as of 11/20/2018
Symbol SMCHX
ISIN US31761R4193
Inception Date 06/29/2018
Dividends Paid Monthly
Minimum Investment $500 for tax-deferred accounts
$2,500 for other accounts
CUSIP 31761R 419
Fund Type Open End Fund
NAV $10.05
NAV Change $-0.01
Expenses as of 06/29/2018
Total Expense Ratio1.80%
What You Pay1.67%
Yield Data as of 09/30/2018
30 Day SEC2.45%
30 Day SEC Unsubsidized0.64%
Yield Data as of 09/30/2018
30 Day SEC2.30%
30 Day SEC Unsubsidized0.58%
Yield Data as of 09/30/2018
30 Day SEC1.83%
30 Day SEC Unsubsidized0.02%
Yield Data as of 09/30/2018
30 Day SEC2.83%
30 Day SEC Unsubsidized1.02%
Fund Resources
Prospectus 
Statement of Additional Information 
Summary Prospectus 
Resource Library  

Investment Objective

The Fund seeks to obtain a total maximum return, consistent with preservation of capital.

Why is a Total Return Bond Fund right for you?

Core Portfolio Holding:

  • Risk Adjusted Return – Generating returns utilizing bottom up fundamental analysis with a macro overlay. Introduces lower risk and produces greater returns.
  • Capital Preservation – Focus on preserving capital in a rising interest rate environment.
  • Risk Diversification – Diversify the risk in your portfolio potentially presenting less volatility and lower correlations.

Credit Quality

AAA

59.73%

A2

5.29%

A3

7.58%

BBB1

5.19%

BBB2

6.01%

BBB3

7.94%

BB1

4.49%

BB3

1.56%

B1

0.55%

B2

1.12%

B3

0.54%

Maturity^

< 1 yr

1.73%

1-3 yrs

30.36%

3-5 yrs

12.40%

5-10 yrs

27.15%

10-20 yrs

14.03%

> 20 yrs

14.33%

Sector Allocations^

Corporate

39.84%

Government

39.65%

Securitized

19.43%

Cash & Equivalents

1.08%

As of September 30, 2018.

^ Future holdings are subject to change.

† S&P ratings assist investors by evaluating the credit worthiness of many bond issues. AAA to BBB ratings are typically issued to those securities considered investment grade. The credit ratings typically range from AAA (highest) to D (lowest). The rating is not a recommendation to buy or sell a particular bond. For information on the rating agency’s methodology go to: http://www.standardandpoors.com/home/en/us.

Fund InformationFund Yields as of 9/30/18
Weighted
Avg Maturity
(years)
Effective
Duration
(years)
SEC
Standardized
30-Day Yield 1
Unsubsidized
30-Day Yield 2
ALPS | Smith Total Return Bond Fund9.405.47
Class I2.83%1.02%
Class Inv2.45%0.64%
Class A2.30%0.58%
Class C1.83%0.02%

1 The 30 day SEC yield figure reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses.

2 The 30 day SEC Yield (Unsubsidized) figure reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.

The funds are new with limited operating history.

About Smith Capital Investors

Philosophy

We believe that an actively-managed, fundamentally-driven investment process leads to consistent performance. Our focus centers on risk-adjusted returns and the preservation of capital. We find our key philosophical differentiator to be in our commitment to a collaborative and ethical culture.

The Smith Team Experience

Smith’s investment-centric team averages 15+ years of experience, including previous rising rate environments. Their results are driven by a process with deep roots in fundamental research, complemented by quantitative validation and use of technology.