Eagle MLP Strategy Fund Class I Shares (EGLIX)

6.88
Net Asset Value
+0.29%
1 Day
-8.39%
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+7.02% 3 years-14.44%
3 months-12.24% 5 years-5.25%
1 year-14.56% Since inception-2.80%
Data through --

Peer Comparisonvs. Energy limited partnership

 EGLIXCategory
Performance 5-yr return-5.25%-4.92%
Expense ratio1.48%1.71%
Risk 5 year sharpe ratio-0.21-0.19
Net assets$650.1M$721.3M
Average market cap$7.8B$8.9B
Average P/E25.618.3
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. stock75.36%
International stock13.98%
Fixed income8.11%
Cash2.39%
Other0.17%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
KMI Kinder Morgan6.97%
PAGP Plains GP Holdings LP6.89%
EPD Enterprise Products Partners LP6.42%
TRGP Targa Resources Corp6.10%
SEMG SemGroup Corp5.75%
WMB Williams Companies4.97%
ANDX Andeavor Logistics LP4.25%
AMJ JPMorgan Alerian MLP Index ETN4.07%
OKE ONEOK Inc4.06%
ENLC EnLink Midstream LLC4.05%