ALEFX Performance — ALPS | Alerian Energy Infrastructure Portfolio, Class III
Data updated: 2026-08-24
ALEFX returned +23.25% year to date and +22.38% over one year to Jun 2026. Annualised returns are +25.20% over 3 years and +18.71% over 5 years. Against its Energy Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $196, against $181 for the category, and to $122 over one year, against $128. Volatility over the past three years was 14.42% a year. In the 12 months to Jun 2026 the fund took in a net $10.2M, and assets reached $146.37M.
ALEFX Growth of $100
What $100 invested in ALPS | Alerian Energy Infrastructure Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Energy Equity category average over the same months.
| Period | ALEFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $122 | $128 |
| 3 years (Jul 2023 – Jun 2026) | $196 | $181 |
| 5 years (Jul 2021 – Jun 2026) | $236 | $257 |
| Since data start (Jul 2019 – Jun 2026) | $248 | $277 |
ALEFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.25% |
| 1 year | +22.38% |
| 3 years (annualised) | +25.20% |
| 5 years (annualised) | +18.71% |
ALEFX Annual Returns
Calendar-year total returns of ALPS | Alerian Energy Infrastructure Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +23.25% |
| 2025 | +4.64% |
| 2024 | +40.59% |
| 2023 | +13.92% |
| 2022 | +17.33% |
| 2021 | +37.77% |
| 2020 | −25.12% |
| 2019 (Jul–Dec) | −0.72% |
ALEFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.7% | +9.4% | +4.2% | +2.1% | −3.2% | +1.5% | — | — | — | — | — | — |
| 2025 | +3.3% | +1.6% | +1.4% | −6.1% | +2.5% | +2.9% | −0.5% | +0.7% | +1.1% | −6.8% | +5.4% | −0.3% |
| 2024 | +0.5% | +4.0% | +6.7% | −0.7% | +3.5% | +2.8% | +2.9% | +3.7% | +0.5% | +3.7% | +14.0% | −6.0% |
| 2023 | +5.0% | −4.1% | −0.7% | +2.1% | −3.7% | +7.1% | +4.2% | −0.6% | −0.9% | −0.7% | +7.0% | −0.7% |
| 2022 | +8.1% | +4.4% | +7.3% | −2.2% | +6.5% | −13.3% | +10.7% | −0.1% | −10.9% | +11.8% | +4.0% | −6.3% |
| 2021 | +4.6% | +7.3% | +6.8% | +5.9% | +6.6% | +4.6% | −4.4% | −1.6% | +4.6% | +5.3% | −7.4% | +1.4% |
| 2020 | −4.1% | −10.4% | −41.4% | +32.1% | +7.0% | −3.1% | −0.7% | +2.6% | −11.4% | 0.0% | +19.2% | +0.9% |
| 2019 | — | — | — | — | — | — | −2.2% | −3.0% | +2.5% | −3.8% | −2.1% | +8.4% |
ALEFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.42%
- 3-year Sharpe ratio: 1.44 (vs 4.5% risk-free rate)
- Best month: +14.01% (Nov 2024)
- Worst month: −6.75% (Oct 2025)
ALEFX Fund Flows
Monthly money in and out of ALPS | Alerian Energy Infrastructure Portfolio, from SEC Form N-PORT.
- 12-month net flow: $10.2M
- 12-month gross sales (incl. reinvestments): $61.3M
- Sales ÷ redemptions: 1.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.7M | $2.1M | −$414K |
| May 2026 | $2.9M | $1.5M | $1.3M |
| Apr 2026 | $2.9M | $13.7M | −$10.8M |
| Mar 2026 | $14.9M | $13.3M | $1.6M |
| Feb 2026 | $2.3M | $2.2M | $149K |
| Jan 2026 | $1.6M | $2.2M | −$667K |
| Dec 2025 | $21.1M | $2.3M | $18.8M |
| Nov 2025 | $8.7M | $2.5M | $6.1M |
| Oct 2025 | $1.5M | $3.4M | −$1.9M |
| Sep 2025 | $1.4M | $2.8M | −$1.5M |
| Aug 2025 | $1.3M | $1.8M | −$538K |
| Jul 2025 | $1.1M | $3.3M | −$2.1M |
ALEFX Assets Under Management
Net assets of ALPS | Alerian Energy Infrastructure Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $146.37M |
| 2026-03-31 | $156.23M |
| 2025-12-31 | $126.50M |
| 2025-09-30 | $125.99M |
| 2025-06-30 | $128.53M |
| 2025-03-31 | $138.43M |
| 2024-12-31 | $134.85M |
| 2024-09-30 | $121.95M |
| 2024-06-30 | $141.29M |
| 2024-03-31 | $121.18M |
| 2023-12-31 | $113.28M |
| 2023-09-30 | $108.75M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.