BLUPX — Blueprint Adaptive Growth Allocation Fund
Data updated: 2026-07-30
BLUPX — Blueprint Adaptive Growth Allocation Fund. United States Large Cap Blend / Core Equity · $266.04M AUM. Holdings, fees, performance and SEC filings.
BLUPX Fund Overview
BLUPX — Blueprint Adaptive Growth Allocation Fund is a US mutual fund managed by Ultimus Managers Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ultimus Managers Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $266.04M
- 1-year return: 3.5%
- Ticker: BLUPX
- SEC CIK: 0001545440
- SEC series ID: S000068289
- Share class ID: C000218614
BLUPX Investment Objective and Strategy
Blueprint Adaptive Growth Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ultimus Managers Trust.
Investment objective
The Blueprint Adaptive Growth Allocation Fund (the ?Fund?) seeks capital appreciation while managing risk.
Principal investment strategy
The Fund uses a dynamic asset allocation strategy in an effort to generate returns while also seeking to preserve capital during prolonged market downtrends by allocating across a portfolio of broadly diversified global asset classes. Generally during favorable market environments, the Fund will have a higher equity allocation, while during unfavorable market conditions the Fund will lower equity allocations and have higher fixed income allocations. Under normal market conditions, the Fund will seek growth through capital appreciation by investing in individual securities and shares of other investment companies, including exchange-traded funds (?ETFs?), open-end mutual funds, and closed-end funds (collectively ?Portfolio Funds?). The Fund will also utilize futures contracts as a volatility hedge and to gain exposure to certain asset classes as noted below.
The Fund will invest in the following asset classes, and will typically hold either a collection of individual securities, a single Portfolio Fund, futures contracts or a blend of the three in order to represent each asset class: ? U.S. Equity ? Foreign Developed Equity ? Emerging Market Equity ? Real Estate ? US Bonds ? Global Bonds ? Inflation-Protected Bonds (?TIPS?) ? Commodities Investments within these asset classes are selected based on the quantitative algorithms and proprietary calculations of price trends developed by Blueprint Investments Partners, LLC (the ?Sub-Adviser?). Each asset class within the portfolio will then be weighted, and the Sub-Adviser will shift such weightings based on proprietary calculations of price trends, which are the direction and momentum of the prices of securities in those asset classes.
The Sub-Adviser will review these price trends over four timeframes 10, 50, 100, and 200 days in order to complete its calculations to adjust the weightings of each asset class. Under normal market conditions, each asset class will be represented in the portfolio at all times. The type of commodities the Fund intends to invest in are precious metals, energy, food and fiber. The Fund defines emerging market securities as those that provide exposure to companies that are domiciled in any country included in the Morningstar Emerging Market Index. ?TIPS? are treasury bonds that are indexed to inflation such that the principal value of such TIPS is recalculated as the consumer price index rises. The Fund will invest in futures contracts, foreign currency future contracts, call or put options on equity index futures contracts, forwards, exchange-traded notes (?ETNs?) and managed futures investments.
The Adviser selects these investments on the basis of liquidity, volatility, and when the Adviser believes such investments will provide a more efficient representation of an asset class in which the Fund seeks exposure. ?Managed Futures? are investments in which a portfolio of futures contracts are actively managed by professionals. The Fund may hold equity securities, either directly or indirectly, of all capitalizations, and may indirectly hold fixed-income securities of all credit qualities. The Fund will generally seek to maintain an allocation within the Fund?s portfolio of approximately 80% to equity securities and approximately 20% to fixed-income securities, but may shift this allocation depending on market conditions. When appropriate, the Fund may allocate a portion of its equity allocation to commodities.
In poor market conditions, such as when the Sub-Adviser perceives a bear market or high volatility, the Fund may begin to shift to a higher percentage of fixed-income securities, and in some conditions the allocation may completely invert to approximately 20% equity securities and approximately 80% in fixed-income securities. The Fund?s derivative investments will be used in an effort to generate further return and/or for hedging purposes.
BLUPX Holdings
Top 10 holdings of Blueprint Adaptive Growth Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 5.97% |
| Apple, Inc. | 5.62% |
| Direxion Shares ETF Trust | 3.24% |
| Ishares, Inc. | 2.96% |
| Amazon.com, Inc. | 2.63% |
| Alphabet, Inc. | 2.39% |
| Ishares Gold Trust | 2.31% |
| Broadcom, Inc. | 2.00% |
| Alphabet, Inc. | 1.90% |
| Dbx ETF Trust | 1.45% |
BLUPX Portfolio Allocation
Asset-class allocation of Blueprint Adaptive Growth Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Cash & Equivalents | 0.4% |
BLUPX Performance
Total returns for BLUPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 3.5% |
| 3 years (annualised) | 1.7% |
BLUPX Risk Information
Risk metrics for BLUPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.7%
BLUPX Costs and Fees
BLUPX costs about $159 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.59%
- Gross expense ratio: 3.38%
- Portfolio turnover: 196%
- Brokerage commissions: 1.52 bps of average net assets (SEC N-CEN)
BLUPX Cashflows
Over the 12 months to 2026-05, Blueprint Adaptive Growth Allocation Fund had net inflows of $42.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $1.01M |
| 2026-04 | $5.90M |
| 2026-03 | $9.52M |
| 2026-02 | $5.48M |
| 2026-01 | $4.61M |
| 2025-12 | $5.91M |
BLUPX Debt Constituents
No individual debt constituents are reported in Blueprint Adaptive Growth Allocation Fund's latest SEC N-PORT filing.
BLUPX Prospectus and SEC Filings
Official Blueprint Adaptive Growth Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-06-26
- Prospectus (485BPOS) — filed 2025-06-27
- Prospectus supplement (497) — filed 2024-07-03
- Portfolio holdings (N-PORT) — filed 2026-07-30
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-05-11
- Annual census (N-CEN) — filed 2025-05-08
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.