SMASX

About SMASX

ALPS | Smith Short Duration Bond Fund Class A is an actively managed mutual fund focused on generating a high and stable level of current income while emphasizing preservation of capital. The strategy primarily invests in short- and intermediate‑term fixed income, including U.S. government and agency securities, investment‑grade corporate bonds, and select non‑U.S. issues, typically maintaining a limited interest‑rate sensitivity profile consistent with short‑term bond mandates. The fund is sub-advised by Smith Capital Investors, whose research‑driven process blends fundamental and quantitative analysis and allows dynamic positioning—defensive, neutral, or opportunistic—across rate and credit cycles. In the market, it serves as a short‑duration core bond holding designed to provide ballast against rising rates and to moderate overall portfolio volatility while delivering monthly income distributions. Its role is particularly relevant for conservative allocators seeking diversification from equities and longer‑duration bonds, with effective duration generally anchored in the 1–3.5 year range typical of the short‑term bond category and a portfolio mix that includes a meaningful allocation to U.S. Treasuries alongside high‑quality corporate exposure.