SMASX Performance — ALPS | Smith Short Duration Bond Fund, Class A
Data updated: 2026-09-25
SMASX returned −14.15% year to date and −21.79% over one year to Jul 2026. Over one year the fund trailed its Short-Term Corporate Bond category average: $100 grew to $78, against $104 for the category. Volatility over the past 12 months was 1.20% a year. In the 12 months to Jul 2026 the fund took in a net $2.0M, and assets reached $624.61M.
SMASX Growth of $100
What $100 invested in ALPS | Smith Short Duration Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | SMASX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $78 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $50 | $120 |
| 5 years (Aug 2021 – Jul 2026) | $29 | $116 |
| Since data start (Aug 2019 – Jul 2026) | $11 | $127 |
SMASX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −14.15% |
| 1 year | −21.79% |
3- and 5-year figures withheld: returns differ from sibling classes.
SMASX Annual Returns
Calendar-year total returns of ALPS | Smith Short Duration Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −14.15% |
| 2025 | −20.06% |
| 2024 | −20.43% |
| 2023 | −20.15% |
| 2022 | −26.05% |
| 2021 | −23.76% |
| 2020 | −40.33% |
| 2019 (Aug–Dec) | −23.64% |
SMASX 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 | −2.0% | −1.8% | −2.9% | −2.0% | −2.0% | −2.2% | −2.3% | — | — | — | — | — |
| 2025 | −1.7% | −1.6% | −1.9% | −1.7% | −2.3% | −1.6% | −2.2% | −1.5% | −1.9% | −2.0% | −1.8% | −2.0% |
| 2024 | −1.8% | −2.3% | −1.7% | −2.5% | −1.6% | −1.7% | −1.1% | −1.6% | −1.5% | −2.7% | −2.0% | −2.2% |
| 2023 | −1.3% | −2.8% | −1.8% | −1.8% | −2.4% | −2.2% | −1.7% | −1.8% | −2.3% | −2.1% | −0.9% | −1.0% |
| 2022 | −2.8% | −2.7% | −3.2% | −2.9% | −1.9% | −3.2% | −1.5% | −2.8% | −3.1% | −2.4% | −1.4% | −1.9% |
| 2021 | −2.3% | −2.3% | −2.3% | −2.1% | −2.0% | −2.3% | −2.1% | −2.2% | −2.4% | −2.4% | −2.5% | −2.1% |
| 2020 | −5.0% | −4.8% | −7.0% | −3.1% | −4.3% | −4.8% | −4.8% | −5.3% | −5.6% | −2.1% | −1.7% | −2.0% |
| 2019 | — | — | — | — | — | — | — | −4.9% | −5.5% | −5.3% | −5.4% | −5.2% |
SMASX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 1.20%
- Best month: −1.45% (Aug 2025)
- Worst month: −2.91% (Mar 2026)
SMASX Fund Flows
Monthly money in and out of ALPS | Smith Short Duration Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $2.0M
- 12-month gross sales (incl. reinvestments): $231.4M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $14.8M | $13.5M | $1.2M |
| Jun 2026 | $24.2M | $14.1M | $10.1M |
| May 2026 | $13.1M | $25.0M | −$11.8M |
| Apr 2026 | $14.2M | $19.0M | −$4.8M |
| Mar 2026 | $9.8M | $15.1M | −$5.2M |
| Feb 2026 | $21.9M | $16.0M | $5.9M |
| Jan 2026 | $27.9M | $21.4M | $6.5M |
| Dec 2025 | $44.5M | $21.0M | $23.5M |
| Nov 2025 | $16.3M | $20.7M | −$4.4M |
| Oct 2025 | $13.0M | $16.7M | −$3.6M |
| Sep 2025 | $14.0M | $23.4M | −$9.3M |
| Aug 2025 | $17.7M | $23.6M | −$5.9M |
SMASX Assets Under Management
Net assets of ALPS | Smith Short Duration Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $624.61M |
| 2026-04-30 | $628.54M |
| 2026-01-31 | $637.31M |
| 2025-10-31 | $611.64M |
| 2025-07-31 | $627.51M |
| 2025-04-30 | $617.69M |
| 2025-01-31 | $594.09M |
| 2024-10-31 | $577.00M |
| 2024-07-31 | $585.96M |
| 2024-04-30 | $573.56M |
| 2024-01-31 | $606.18M |
| 2023-10-31 | $609.95M |
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.