SS&C ALPS Advisors Announces Share Split of the Barron's 400℠ ETF (BFOR)

Key Terms

passive management financial

Passive management is an investment approach that seeks to match the performance of a broad market benchmark by buying and holding a fixed mix of securities, rather than trying to pick winners or time the market. It matters to investors because it typically offers lower fees, simpler decision-making and more predictable returns—like following a map or recipe to replicate a dish—while trading off potential to beat the market during strong stock-picking periods.

indexing financial

Indexing is the practice of measuring or linking investments to a market benchmark (an index) by holding a basket of securities that mirrors that benchmark, like copying a recipe to produce the same dish. It matters to investors because it offers broad diversification, lower costs and predictable exposure to a market segment; when a stock is added to or removed from an index, demand and price can shift as index-tracking funds buy or sell it.

underlying index financial

An underlying index is a composite measure—like a recipe or yardstick—made up of many stocks, bonds, or other assets that represents how a particular slice of the market is performing. Investors use it as the reference point for products such as exchange-traded funds, index funds, options, or structured notes, so the index’s composition and movements directly determine returns, risk exposure, and how well a product matches a desired strategy.

c corporation regulatory

A C corporation is a common legal form for a company that exists separately from its owners and pays its own income tax on profits — think of the company as a distinct person with its own tax bill. Investors care because profits can be taxed twice (once at the company level and again when paid out as dividends), but this structure also makes it easier to raise capital, transfer shares, and limit an owner's losses to the money they've invested.

regulated investment company regulatory

A regulated investment company is a type of pooled investment (like a mutual fund or ETF) that meets specific tax-law rules allowing it to pass most income, gains and losses directly to shareholders instead of being taxed at the company level. For investors this matters because it affects how distributions are taxed, how often income is paid, and the overall net return—think of it like a collective account that funnels earnings straight to owners rather than keeping profits inside a separate corporate layer.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

DENVER--(BUSINESS WIRE)-- SS&C ALPS Advisors announced today that the Board of Trustees of ALPS ETF Trust has approved a 4-for-1 split of the shares of Barron's 400℠ ETF (NYSE Arca: BFOR).

The split of BFOR shares will be effective at the market open on July 1, 2026. BFOR will continue to trade on the NYSE Arca under the same ticker symbol.

Fund Name	Ticker	CUSIP	Split Ratio	Record Date	Pay Date	Ex-Date
Barron's 400 ETF	BFOR	00162Q726	4:1	6/29/2026	6/30/2026	7/1/2026

The split will increase the number of BFOR’s shares outstanding and will proportionately lower the price of the shares for BFOR, without affecting the total value of the shares outstanding, except with respect to the redemption of fractional shares, as discussed below.

As a result of the share split, a shareholder of BFOR could potentially hold fractional shares. However, fractional shares cannot trade on NYSE Arca, BFOR’s primary listing exchange. Post-split fractional shares will be redeemed for cash and sent to the broker of record. This redemption may cause some shareholders to realize a gain or loss, which could be a taxable event for those shareholders. Otherwise, the split will not result in a taxable transaction for shareholders of BFOR. Some brokerage charges may apply as a result of the split and are not charges imposed by ALPS Advisors, Inc, the Fund’s investment adviser.

Important Disclosures

An investor should consider the investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus containing this and other information, call 1-866-759-5679 or visit www.alpsfunds.com. Read the prospectus carefully before investing.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable.

All investments are subject to risks, including the loss of money and the possible loss of the entire principal amount invested. Additional information regarding the risks of this investment is available in the prospectus.

Diversification does not eliminate the risk of experiencing investment losses.

Smaller and mid-size companies often have a more limited track record, narrower markets, less liquidity, more limited managerial and financial resources and a less diversified product offering than larger, more established companies. As a result, their performance can be more volatile, which may increase the volatility of the Fund’s portfolio.

The Fund employs a “passive management” - or indexing - investment approach and seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index. Unlike many investment companies, the Fund is not “actively” managed. Therefore, it would not necessarily sell or buy a security unless that security is removed from or added to the underlying index, respectively.

ALPS Advisors, Inc., registered investment adviser with the SEC, is the investment adviser to the Fund. ALPS Advisors, Inc., ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated.

ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.

Not FDIC Insured • No Bank Guarantee • May Lose Value

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology. Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

About SS&C ALPS Advisors

SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies, is a leading provider of investment products for advisors and institutions. With over $37.12 billion under management as of March 31, 2026, SS&C ALPS Advisors is an open architecture boutique investment manager offering portfolio building blocks, active insight and an unwavering drive to guide clients to investment outcomes across sustainable income, thematic and alternative growth strategies. For more information, visit www.alpsfunds.com.

BAR000324 6/30/2027

View source version on businesswire.com: https://www.businesswire.com/news/home/20260617936594/en/

Media Contact
Christopher Murphy*
Director & Head of Advisor Marketing
SS&C ALPS Advisors
Tel: 720-277-7861
E-mail: christopher.murphy@sscinc.com

* Christopher Murphy is a Registered Representative of ALPS Distributors, Inc.

Source: Barron’s 400 ETF