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Security Profile
- Security Type
- Index ETF
- CUSIP
- 00162Q783
- Market Cap
- Small Cap · $175 Million
- IPO
- 10/4/2013
Fund Description: RiverFront Strategic Income Fund is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the ALPS ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The RiverFront Strategic Income Fund seeks total return, with an emphasis on income as the source of that total return. The Fund is an actively managed ETF and thus, does not seek to replicate the performance of a specific index, but rather uses an active investment strategy to meet its investment objective. Accordingly, the ETF’s investment Sub-Advisor, RiverFront Investment Group, LLC., has discretion on a daily basis to actively manage the Fund’s portfolio in accordance with the Fund’s investment objective. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. The Fund intends to utilize various investment strategies in a broad array of fixed income sectors. The Fund will allocate its investments based upon the analysis of the Sub-Adviser of the pertinent economic and market conditions, as well as yield, maturity and currency considerations. The Fund may purchase fixed income securities issued by U.S. or foreign corporations or financial institutions, including debt securities of all types and maturities, convertible securities and preferred stocks. The Fund also may purchase securities issued or guaranteed by the U.S. Government or foreign governments (including foreign states, provinces and municipalities) or their agencies and instrumentalities or issued or guaranteed by international organizations designated or supported by multiple government entities to promote economic reconstruction or development. The Fund may invest in mortgage-backed securities (MBS) issued or guaranteed by federal agencies and/or U.S. government sponsored instrumentalities, such as the Government National Mortgage Administration (Ginnie Mae), the Federal Housing Administration (FHA), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The MBS in which the Fund may invest may also include collateralized mortgage obligations (CMOs). The Fund may purchase or sell securities on a when issued, delayed delivery or forward commitment basis. The Fund may also invest in other exchange-traded funds (ETFs) and/or closed-end funds which invest in fixed income securities. The Fund has not established any credit rating criteria for the fixed income securities in which it may invest, and it may invest entirely in high yield securities (junk bonds). The Fund may invest without limitation in U.S. dollar-denominated securities of foreign issuers and securities denominated in foreign currencies, and in securities of issuers located in emerging markets. The average maturity or duration of the Fund’s portfolio of fixed income securities will vary based on the Sub-Adviser’s assessment of economic and market conditions, as well as current and anticipated changes in interest rates; however, the Sub-Adviser intends to manage the Fund’s portfolio so that it has an average duration of between two and ten years. FUND MANAGEMENT: ALPS Advisors, Inc. serves as the investment adviser to the Fund. RiverFront Investment Group, LLC. serves as the Sub-Adviser to the Fund.
Company Contact
- Headquarters
- 1290 Broadway, Suite 1100, Denver, CO 80203
- Phone
- 303-623-2577 · Toll-Free 866-759-5679
- Investor Relations
- 866-759-5679 · riverfront@alpsinc.com