Morningstar

ALPS/Smith Credit Opportunities I SMCRX

Morningstar Medalist Rating
Medalist Rating as of | See ALPS Investment Hub
  • NAV / 1-Day Return 9.27  /  −0.22 %
  • Total Assets 235.6 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 5.64%
  • Effective Duration 3.94 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 1:13 AM GMT+0

Morningstar’s Analysis SMCRX

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

  • People Pillar

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

Weakness in ALPS/ Smith Credit Opportunities I's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SMCRX

More SMCRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Instl Lqudty Govt Instl

2.29 5.1 Mil
Cash and Equivalents

United States Treasury Notes 4.88%

2.01 4.5 Mil
Government

United States Treasury Bonds 4.63%

1.89 4.2 Mil
Government

UBS Group AG 6.54%

1.51 3.4 Mil
Corporate

Invesco Senior Loan ETF

1.47 3.3 Mil
—

Danske Bank A/S 1.62%

1.44 3.2 Mil
Corporate

Kennedy Wilson Inc 4.75%

1.23 2.8 Mil
Corporate

National Rural Utilities Cooperative Finance Corp. 4.75%

1.19 2.7 Mil
Corporate

Six Flags Entertainment Corp. 7.25%

1.18 2.6 Mil
Corporate

Sempra 4.13%

1.12 2.5 Mil
Corporate

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