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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.04

$63.6 M

5.10%

$0.36

2.30%

Vitals

YTD Return

6.5%

1 yr return

35.6%

3 Yr Avg Return

5.3%

5 Yr Avg Return

10.2%

Net Assets

$63.6 M

Holdings in Top 10

38.9%

52 WEEK LOW AND HIGH

$7.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.04

$63.6 M

5.10%

$0.36

2.30%

LPEIX - Profile

Distributions

  • YTD Total Return 6.5%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return 10.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.29%
DIVIDENDS
  • Dividend Yield 5.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Grandeur Peak Global Trust - ALPS Global Opportunity Fund. USD Cls I
  • Fund Family Name
    ALPS Advised Funds
  • Inception Date
    Dec 31, 2007
  • Shares Outstanding
    7942167
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kirk McCown

Fund Description

To achieve its objective, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in (i) securities of U.S. and non-U.S. companies, including those in emerging markets, listed on a national securities exchange, or foreign equivalent, that have a majority of their assets invested in or exposed to private companies or have as their stated intention to have a majority of their assets invested in or exposed to private companies (“Listed Private Equity Companies”) and (ii) derivatives, including options, futures, forwards, swap agreements and participation notes, that otherwise have the economic characteristics of Listed Private Equity Companies. The Fund will typically invest in securities issued by companies domiciled in at least three countries, including the United States. The Fund will invest a significant portion of its total assets (at least 40% under normal market conditions) at the time of purchase in securities issued by companies that are domiciled outside the United States. Domicile is determined by where the company is organized, located, has the majority of its assets, or receives the majority of its revenue. Although the Fund does not invest directly in private companies, it will be managed with a similar approach: identifying and investing in long-term, high-quality Listed Private Equity Companies.

Listed Private Equity Companies may include, among others, business development companies, investment holding companies, publicly traded limited partnership interests (common units), publicly traded venture capital funds, publicly traded venture capital trusts, publicly traded private equity funds, publicly traded private equity investment trusts, publicly traded closed-end funds, publicly traded financial institutions that lend to or invest in privately held companies and any other publicly traded vehicle whose purpose is to invest in privately held companies. The determination of whether a company is a Listed Private Equity Company will be made at the time of purchase and a portfolio company’s status will not vary solely as a result of fluctuations in the value of its assets or as a result of the progression of its holdings through the normal stages of a private equity company, including the exit stage. A portfolio company is considered to have a stated intention of investing primarily in private companies if it meets the criteria above under normal circumstances, notwithstanding temporary fluctuations in the public/private values of its private equity portfolio. The inclusion of a company in a recognized Listed Private Equity index will be considered a primary factor in the determination of whether a company is a Listed Private Equity Company.

The Sub-Adviser selects investments from the Listed Private Equity Company universe, across all market capitalizations, pursuant to a proprietary selection methodology using quantitative and qualitative historical results and commonly used financial measurements such as: price-to-book, price-to-sales, price-to-earnings, return on equity and balance sheet analysis. In addition, the Sub-Adviser observes the depth and breadth of company management, including management turnover. Lastly, the Sub-Adviser looks to allocate the portfolio directly and indirectly amongst industry sectors, geographic locations, stage of investment and the year in which the private equity firm or fund makes a commitment or an investment in a fund, asset or business (“vintage year”).

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LPEIX - Performance

Return Ranking - Trailing

Period LPEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.5% -44.3% 9.5% 53.85%
1 Yr 35.6% -51.1% 24.7% 4.52%
3 Yr 5.3%* -6.4% 28.0% 35.81%
5 Yr 10.2%* -4.2% 18.3% 35.20%
10 Yr 8.0%* 1.0% 13.7% 8.33%

* Annualized

Return Ranking - Calendar

Period LPEIX Return Category Return Low Category Return High Rank in Category (%)
2023 21.7% -50.5% 18.8% 77.03%
2022 -28.7% -27.4% 103.5% 90.91%
2021 -2.1% 3.5% 66.4% 70.00%
2020 5.3% -64.5% 5.6% 23.02%
2019 21.7% -9.3% 49.7% 75.47%

Total Return Ranking - Trailing

Period LPEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.5% -44.3% 9.5% 49.36%
1 Yr 35.6% -51.1% 24.7% 4.52%
3 Yr 5.3%* -6.4% 28.0% 34.46%
5 Yr 10.2%* -4.2% 18.3% 33.60%
10 Yr 8.0%* 1.0% 13.7% 8.33%

* Annualized

Total Return Ranking - Calendar

Period LPEIX Return Category Return Low Category Return High Rank in Category (%)
2023 28.8% -50.6% 18.8% 77.03%
2022 -28.7% -27.4% 103.5% 90.91%
2021 24.3% 3.5% 66.4% 70.00%
2020 9.6% -64.5% 5.6% 42.86%
2019 37.9% -9.3% 53.2% 38.68%

NAV & Total Return History


LPEIX - Holdings

Concentration Analysis

LPEIX Category Low Category High LPEIX % Rank
Net Assets 63.6 M 2.31 M 71.6 B 56.25%
Number of Holdings 52 31 9561 80.00%
Net Assets in Top 10 19.9 M 452 K 5.44 B 46.25%
Weighting of Top 10 38.94% 4.2% 63.4% 25.00%

Top 10 Holdings

  1. 3i Group PLC 4.83%
  2. HarbourVest Global Private Equity, Ltd. 4.67%
  3. Ares Management LP 4.31%
  4. HgCapital Trust PLC 3.92%
  5. KKR Co., Inc. 3.91%
  6. State Street Institutional Treasury Plus Money Market Fund - Premier Class 3.91%
  7. Partners Group Holding AG 3.53%
  8. Brederode SA 3.41%
  9. Blackstone, Inc. 3.36%
  10. Oakley Capital Investments, Ltd. 3.11%

Asset Allocation

Weighting Return Low Return High LPEIX % Rank
Stocks
94.00% 40.59% 104.41% 93.13%
Cash
8.12% -4.41% 47.07% 49.38%
Preferred Stocks
2.05% 0.00% 1.04% 88.13%
Convertible Bonds
0.00% 0.00% 7.55% 88.13%
Bonds
0.00% 0.00% 8.07% 88.13%
Other
-4.17% -7.94% 19.71% 3.75%

Stock Sector Breakdown

Weighting Return Low Return High LPEIX % Rank
Financial Services
63.69% 0.00% 75.07% 2.50%
Healthcare
10.19% 0.00% 28.38% 57.50%
Communication Services
8.32% 0.00% 23.15% 5.63%
Consumer Cyclical
6.65% 0.00% 71.20% 75.63%
Technology
5.53% 0.00% 93.40% 91.88%
Consumer Defense
2.72% 0.00% 52.28% 80.00%
Utilities
2.09% 0.00% 70.33% 33.75%
Industrials
0.81% 0.00% 53.77% 96.25%
Real Estate
0.00% 0.00% 43.48% 95.00%
Energy
0.00% 0.00% 36.56% 93.13%
Basic Materials
0.00% 0.00% 26.39% 94.38%

Stock Geographic Breakdown

Weighting Return Low Return High LPEIX % Rank
Non US
52.76% 12.39% 83.06% 93.75%
US
41.24% 6.76% 79.19% 48.75%

LPEIX - Expenses

Operational Fees

LPEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.30% 0.43% 2.93% 23.75%
Management Fee 0.85% 0.30% 1.25% 53.75%
12b-1 Fee 0.00% 0.00% 1.00% 9.88%
Administrative Fee N/A 0.03% 0.15% N/A

Sales Fees

LPEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

LPEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 66.67%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LPEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 7.00% 145.00% 62.96%

LPEIX - Distributions

Dividend Yield Analysis

LPEIX Category Low Category High LPEIX % Rank
Dividend Yield 5.10% 0.00% 14.18% 91.25%

Dividend Distribution Analysis

LPEIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

LPEIX Category Low Category High LPEIX % Rank
Net Income Ratio 0.29% -1.92% 6.98% 29.94%

Capital Gain Distribution Analysis

LPEIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

LPEIX - Fund Manager Analysis

Managers

Kirk McCown


Start Date

Tenure

Tenure Rank

Mar 31, 2017

5.17

5.2%

Prior to joining Red Rocks Capital in 2007 Mr. McCown was with Janus Capital and Crestone Capital Management where he was Founder and Chief Investment Officer. Previously, Mr. McCown served as Senior Vice President and Portfolio Manager for Reich & Tang in New York, Portfolio Manager for The St. Paul Companies and as a Trust Investment Officer for Norwest Bank in Omaha. Mr. McCown has a BA and MA from the University of Nebraska. Mr. McCown has 25 years of investment experience and over 30 years of industry experience. He has earned the Chartered Financial Analyst designation.

Andrew Drummond


Start Date

Tenure

Tenure Rank

Mar 31, 2017

5.17

5.2%

Andrew Drummond Prior to joining Red Rocks Capital in 2007, Mr. Drummond was a Portfolio Manager at Sargent, Bickham Lagudis in Boulder, Colorado. Previously, Mr. Drummond was an Equity Analyst for Berger Financial Group from 1999 through 2003 and an Analyst for Colorado Public Employees’ Retirement Association from 1996 to 1999. Mr. Drummond began his investment management career at The Boston Company Asset Management in 1992. Mr. Drummond has a B.S. from the University of Colorado and M.S. in finance from the University of Denver and over 20 years of industry experience.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.6 7.02 9.33