Eagle MLP Strategy Fund Class I Shares (EGLIX)

7.06
Net Asset Value
+1.15%
1 Day
-5.99%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
1.48%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return from income and capital appreciation. The fund seeks to achieve its objective by investing- under normal conditions- at least 80% of its assets (net assets plus borrowings for investment purposes) in master limited partnerships ("MLPs") and MLP-related securities. The manager defines MLP-related securities as general partners of MLPs- MLP institutional securities- exchange-traded notes ("ETNs") that derive their returns from a master limited partnership index- structured notes or options that derive their returns from a basket of MLPs- or other publicly traded partnerships or limited liability companies. It is non-diversified.

Performance

1 month-11.21% 3 years-12.74%
3 months+2.97% 5 years-3.45%
1 year-14.41% Since inception+0.11%
Data through --

Peer Comparisonvs. Energy limited partnership

 EGLIXCategory
Performance 5-yr return-3.45%-0.05%
Expense ratio1.48%1.82%
Risk 5 year sharpe ratio0.000.06
Net assets$723.3M$851.5M
Average market cap$6.8B$9.5B
Average P/E22.722.6
Portfolio turnover31%31%

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Fund Management and Purchase Info

Fund familyEagle MLP
Fund manager & tenureEdward Allen / 5 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

U.S. stock74.29%
International stock15.30%
Fixed income8.05%
Cash2.19%
Other0.18%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
KMI Kinder Morgan6.32%
SEMG SemGroup Corp6.21%
WMB Williams Companies5.90%
PAGP Plains GP Holdings LP5.84%
EPD Enterprise Products Partners LP5.65%
TRGP Targa Resources Corp5.41%
OKE ONEOK Inc5.34%
AMJ JPMorgan Alerian MLP Index ETN4.16%
ENLC EnLink Midstream LLC4.08%
ANDX Andeavor Logistics LP3.95%