2 / 5 Stars
5 5 1 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#1 in Miscellaneous Sector
U.S. News evaluated 3 Miscellaneous Sector Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 27.79 percent over the past year, 12.71 percent over the past three years, and 25.08 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.6%|
|3 Years (Annualized)||12.7%|
|5 Years (Annualized)||25.1%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return, which consists of appreciation on its investments and a variable income stream. The fund will invest at least 80% of its net assets 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 and (ii) derivatives that otherwise have the economic characteristics of Listed Private Equity Companies.
Fees are High compared to funds in the same category.
ALPS | Red Rocks Listed Private Equity Fund has an expense ratio of 1.51 percent.
Risk is High compared to funds in the same category according to Morningstar.