RiverFront Moderate Growth & Income I
1290 BroadwaySuite 1100Denver, Colorado 80203
Map
Phone: 866-759-5679
| Category: | Moderate Allocation | | Fund Family: | ALPS | | Net Assets: | 99.93M | | Year-to-Date Return: | 2.45% | | Yield: | 2.36% | | Morningstar Rating: | N/A | | Fund Inception Date: | Aug 1, 2010 |
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Michael Jones
Lead Manager since Aug 1, 2010 | | | Mr. Jones co-manages the Fund and in that capacity is primarily responsible for making strategic asset allocation decisions for the Fund. He has been Chairman and Chief Investment Officer of RiverFront since co-founding the firm in April 2008. Previously, Mr. Jones was Chief Investment Officer for Wachovia Securities since 2002. He has more than 23 years of investment experience. Mr. Jones received his BA from the College of William and Mary and his MBA from the Wharton School at the University of Pennsylvania. |
| Min Initial Investment: | 1,000,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks (1) to provide a level of current income that exceeds the average yield on U.S. stocks in general and (2) to provide a growing stream of income over the years.
Under normal conditions, the fund is expected to invest between 50% and 70% of its assets invested in a diversified basket of dividend paying stocks, with the balance of the fund (typically 30-50%) invested in various other income-paying securities, including corporate debt. The fixed-income securities may be of any quality or duration. The fund may also invest significantly in exchange-traded funds ("ETFs"). |
| Last Dividend
(Mar 24, 2013)
:
| 0.05 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 128.00% | | Average for Category: | 71.92% |
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| Expense | RMIIX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.05% | 0.98% | | Prospectus Net Expense Ratio: | 1.16% | N/A | | Prospectus Gross Expense Ratio: | 1.46% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 5.29% | | Max Deferred Sales Load:
| N/A | 2.51% | | 3 Yr Expense Projection*: | 432 | 597 | | 5 Yr Expense Projection*: | 769 | 921 | | 10 Yr Expense Projection*: | 1,719 | 1,819 |
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0.05(0.42%) May 23