- What does SMTRX invest in?
- The fund pursues its investment objective by primarily investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. Bonds include, but are not limited to, government notes and bonds, corporate bonds, convertible bonds, commercial and residential mortgage-backed securities, and zero-coupon bonds. It may also invest in asset-backed securities, money market instruments, commercial loans, and foreign debt securities (including investments in emerging markets).
- What is the expense ratio of SMTRX?
- ALPS/Smith Total Return Bond Investor (SMTRX) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations.
- What is SMTRX's dividend yield?
- SMTRX's trailing-twelve-month yield is 4.21%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of SMTRX?
- Effective duration measures SMTRX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SMTRX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of SMTRX?
- SMTRX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of SMTRX?
- Yield to maturity (YTM) is the total return you'd earn from SMTRX if every bond in the portfolio is held to maturity at the current price. SMTRX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
