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Eagle MLP Strategy Fund Class I Shares (EGLIX)

8.48
Net Asset Value
+3.04%
1 Day
+23.08%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
1.51%
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+6.67% 3 years-5.56%
3 months+13.03% 5 years--
1 year+9.27% Since inception-1.03%
Data through --

Peer Comparisonvs. Energy limited partnership

 EGLIXCategory
Performance 5-yr return--+2.95%
Expense ratio1.51%1.62%
Risk 5 year sharpe ratio--0.32
Net assets$781.4M$880.6M
Average market cap$4.6B$8.8B
Average P/E19.723.1
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyEagle Funds
Fund manager & tenureEdward Allen / 3 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

U.S. stock79.52%
International stock12.08%
Fixed income6.50%
Cash1.90%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
PAGP Plains GP Holdings LP6.56%
EEQ Enbridge Energy Management LLC6.06%
OKE ONEOK Inc6.04%
EPD Enterprise Products Partners LP5.29%
WMB Williams Companies5.11%
TRGP Targa Resources Corp4.46%
SE Spectra Energy Corp4.36%
SEMG SemGroup Corp4.34%
BPL Buckeye Partners LP4.24%
MMP Magellan Midstream Partners LP4.22%