Investment objective & strategy
As of March 30, 2026 · prospectusObjective. The Fund seeks to provide capital appreciation and dividend income.
Strategy. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 65% of its net assets in a portfolio of equity securities of publicly traded U.S. companies with the potential for dividend income. Equity securities include common stocks and common or preferred shares of real estate investment trusts (REITs). In selecting the Funds portfolio securities, ALPS Advisors, Inc., the Funds adviser (ALPs Advisors or the Adviser), assembles a portfolio of eligible securities based on several core attributes, including, but not limited to, value, quality and momentum. The Adviser will consider multiple proprietary factors within each core attribute, such as the price-to-book value of a security when determining value, a companys cash as a percentage … Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 65% of its net assets in a portfolio of equity securities of publicly traded U.S. companies with the potential for dividend income. Equity securities include common stocks and common or preferred shares of real estate investment trusts (REITs). In selecting the Funds portfolio securities, ALPS Advisors, Inc., the Funds adviser (ALPs Advisors or the Adviser), assembles a portfolio of eligible securities based on several core attributes, including, but not limited to, value, quality and momentum. The Adviser will consider multiple proprietary factors within each core attribute, such as the price-to-book value of a security when determining value, a companys cash as a percentage of the companys market capitalization when determining quality and a securitys three month relative price change when determining momentum. Additionally, within a given sector, security selection will emphasize companies offering a meaningful dividend yield premium over alternative investments within that sector. The Adviser then assigns each qualifying security a score based on its core attributes, including its dividend yield, and selects the individual securities with the highest scores for investment. In doing so, the Adviser utilizes its proprietary optimization process to maximize the percentage of high-scoring securities included in the portfolio in accordance with sector and risk factor (e.g., beta, quality, volatility) limitations, subject to the Advisers fundamental active overlay. The Adviser will also consider the market capitalization of the companies in which the Fund may invest, the potential for dividend income, and the trading volume of a companys shares in the secondary market. The strategy is largely quantitative and rules-based, but also includes multiple parameters over which the Adviser may exercise discretion (including, but not limited to, the number of holdings and the weightings of particular holdings) in connection with its active management of the Fund. The Fund may invest in small-, mid- and large-capitalization companies. The Fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of U.S. issuers. The Fund considers a U.S. issuer to be one (i) domiciled or with a principal place of business or primary securities trading market in the United States, or (ii) that derives more than 50% of its total revenues or profits from the United States. The Fund may invest significantly in companies involved in the financial services sector. The Fund may also invest in other exchange-traded funds (ETFs) and/or closed-end funds which invest in equity securities.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $9.50M | 11.42% |
| APPLE INC | — | $6.87M | 8.26% |
| MICROSOFT CORP | — | $5.36M | 6.45% |
| AMAZON.COM INC | — | $3.24M | 3.89% |
| ALPHABET INC CL C | — | $3.07M | 3.69% |
| PERDOCEO EDUCATION CORP | — | $2.21M | 2.66% |
| ANTERO MIDSTREAM CORP | — | $1.80M | 2.16% |
| CISCO SYSTEMS INC | — | $1.79M | 2.16% |
| State Street Institutional Treasury Plus Money Market Fund- Premier Class | — | $1.68M | 2.02% |
| CLEARWAY ENERGY INC CL C | — | $1.50M | 1.80% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Invesco S&P 500 Top 50 ETF · XLG | 40% | 0.20% |
| iShares S&P 100 ETF · OEF | 40% | 0.20% |
| iShares Global 100 ETF · IOO | 40% | 0.40% |
Advisers
| Firm | Role |
|---|---|
| RiverFront Investment Group, LLC | Sub-adviser |
| ALPS Advisors, Inc. | Adviser |
Footnotes
- Expense ratio as of March 30, 2026, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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