RAGIX Fees and Costs — ALPS Asset Allocation Growth & Income, Class A
Data updated: 2026-09-25
The net expense ratio is 0.80%. This share class carries a maximum front-end sales load of 3.25%. In fiscal 2025 the fund paid $29K in broker commissions, 0.0381% of average net assets, and portfolio turnover was 113%.
RAGIX Fees and Expenses
Annual operating expenses and sales charges of RAGIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 3.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RAGIX Costs Over Time
On $10,000 invested in RAGIX, assuming 5% a year before costs, total costs come to $924 over 5 years, cutting the return by 1.57% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $325 | $325 | $325 |
| Fund expenses (net expense ratio 0.80%) | $81 | $254 | $441 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $16 | $64 | $136 |
| Total costs | $426 | $655 | $924 |
| Value after costs | $10,074 | $10,921 | $11,839 |
| Impact on return, per year | 4.26% | 2.02% | 1.57% |
RAGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0381%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $6.6M
- Portfolio turnover (prospectus): 113%
- Securities lending: none during the year
RAGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $15K | 53.89% |
| UBS SECURITIES LLC | $13K | 46.11% |
RAGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WALLACHBETH CAPITAL LLC | $3.4M | 52.06% |
| JANE STREET CAPITAL, LLC | $2.4M | 36.03% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $398K | 6.01% |
| GOLDMAN SACHS & CO. LLC | $390K | 5.89% |
ALPS Asset Allocation Growth & Income Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RLIIX | Class I | 0.55% | none |
| RAGIX | Class A | 0.80% | 3.25% |
| RLGAX | Investor Shares | 0.80% | none |
| RLGCX | Class C | 1.55% | none |
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.