Highland Energy MLP Fund Class A (HEFAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Energy limited partnership
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investors with current income and capital appreciation. The fund seeks to achieve its investment objective by investing primarily in master limited partnership ("MLP") investments. Under normal market conditions, it intends to invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of MLPs investments. It is non-diversified.


1 month+6.44% 3 years+11.48%
3 months+7.05% 5 years--
1 year+3.17% Since inception+9.85%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return--+9.47%
Expense ratio10.54%4.20%
Risk 5 year sharpe ratio--1.06
Net assets$57.2M$1.0B
Average market cap$8.8B--
Average P/E25.2--
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureMatthew Gray / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


U.S. stock93.68%
International stock4.04%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
KMI Kinder Morgan5.84%
ETE Energy Transfer Equity LP4.77%
MWE MarkWest Energy Partners LP3.90%
TRGP Targa Resources Corp3.86%
ETP Energy Transfer Partners LP3.73%
WGP Western Gas Equity Partners LP3.47%
EQM EQT Midstream Partners LP3.34%
EPD Enterprise Products Partners LP3.25%
WMB Williams Companies3.23%
BWP Boardwalk Pipeline Partners LP3.21%

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