RFFC ISSUER
The ALPS Advised Funds' RFFC, under normal market conditions, aims to achieve its investment objective by allocating at least 80% of its net assets to a diversified portfolio of equity securities. These equity securities encompass common stocks and both common and preferred shares of real estate investment trusts (REITs). The primary criteria for selecting securities within the fund's portfolio are focused on a combination of dividend-paying stocks and those with a high or improving return on invested capital (ROIC). The portfolio managers adopt a bottom-up approach, considering economic factors, including the impact of interest rates on investments. Due to the nature of the securities involved, the fund may experience relatively high portfolio turnover. The managers implement a disciplined sell strategy, selling securities based on factors such as deteriorating financials, increased security prices, changes in company management, the need for liquidity, or shifts in the regulatory or economic environment. The fund is flexible in terms of capitalization, investing in small, mid, and large-cap companies, with a focus on at least 75% of net assets in U.S. issuers. The fund may also have a significant allocation to the financial services sector and has the option to invest in other equity securities through exchange-traded funds (ETFs) and/or closed-end funds.
RFFC DIVIDEND
The RFFC, managed by ALPS Advised Funds, places a substantial emphasis on dividends as a key element of its investment strategy. With a primary focus on dividend-paying stocks within its portfolio, the fund seeks to deliver returns to investors through the receipt of regular income distributions. The selection of securities within the fund is guided by a combination of dividend-paying stocks and those exhibiting a high or improving return on invested capital (ROIC). This approach aligns with the fund's goal of achieving its investment objective under normal market conditions. By maintaining a portfolio comprised of equity securities, including common stocks and shares of real estate investment trusts (REITs), the RFFC aims to provide investors with the benefit of a steady income stream derived from dividend payments, contributing to the overall attractiveness of the fund for income-oriented investors.
RFFC TRACKING
The RFFC, under the management of ALPS Advised Funds, employs a strategic tracking approach to achieve its investment objectives. The fund is designed to track and replicate the performance of its benchmark or index, aiming to provide investors with results closely aligned with the designated market or sector. In pursuit of this tracking objective, the portfolio managers utilize a disciplined investment strategy that involves careful selection of equity securities, with a focus on dividend-paying stocks and those displaying a high or improving return on invested capital (ROIC). This tracking strategy, combined with a bottom-up approach and considerations of economic factors, allows the RFFC to adapt to market conditions while seeking to mirror the performance of its chosen benchmark. The fund's commitment to tracking performance and implementing a systematic sell strategy underscores its dedication to delivering investment results that closely correspond to the designated index, fostering transparency and reliability for investors seeking a correlation with specific market or sector movements.
RFFC CORRELATION
The RFFC, managed by ALPS Advised Funds, strives to maintain a strong correlation with its designated benchmark or index as a central tenet of its investment strategy. By closely tracking the performance of its benchmark, the fund aims to provide investors with returns that align with the market or sector it seeks to replicate. The portfolio managers employ a meticulous approach, combining a focus on dividend-paying stocks and those with a high or improving return on invested capital (ROIC) with a bottom-up investment methodology. This commitment to correlation reflects the fund's dedication to delivering investment results that mirror the movements of its chosen benchmark. By consistently evaluating and adjusting the portfolio in response to changing market conditions, the RFFC aims to maintain a reliable and meaningful correlation with the designated index, offering investors a transparent and effective vehicle for achieving specific market or sector exposure.
RFFC SECTOR
The RFFC, managed by ALPS Advised Funds, exhibits flexibility in sector allocation as part of its diversified investment strategy. With a commitment to achieving its investment objectives, the fund may invest substantially in the financial services sector, showcasing a sector-specific focus. This strategic emphasis on financial services reflects the portfolio managers' assessment of market opportunities and potential for returns within that sector. Additionally, the fund has the capacity to invest in other sectors, providing a well-rounded approach to sector allocation that aligns with prevailing market conditions. The sector allocation within the RFFC underscores the fund's adaptability and responsiveness to dynamic market environments, allowing investors to benefit from exposure to specific sectors while maintaining a diversified investment approach.
RFFC EXPOSURE
The RFFC, managed by ALPS Advised Funds, offers investors a targeted exposure to a diverse range of equity securities. Emphasizing a flexible investment approach, the fund may invest in small-, mid-, and large-capitalization companies, reflecting its commitment to capturing opportunities across different market segments. Moreover, the fund's allocation of at least 75% of its net assets to securities of U.S. issuers underscores its focus on providing exposure to the domestic market. The RFFC's investment strategy encompasses dividend-paying stocks and those with a high or improving return on invested capital (ROIC), reflecting a nuanced approach to equity exposure. Additionally, the fund has the option to invest in other exchange-traded funds (ETFs) and closed-end funds, further enhancing its capacity to tailor exposure to specific sectors or themes. This adaptability positions the RFFC as a versatile investment option, offering investors a dynamic mix of exposures to navigate varied market conditions.
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