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Highland Energy MLP Fund Class C (HEFCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investors with current income and capital appreciation. The fund invests primarily in master limited partnership ("MLP") investments. The advisor intends to invest at least 80% of its net assets in a portfolio of MLPs investments. It may invest up to 20% of its total assets in a wide variety of securities and financial instruments of all kinds and descriptions. The fund may invest without limitation in ETFs and may invest up to 20% of its total assets in ETFs that do not provide exposure to MLPs. It may invest in securities of issuers of any market capitalization and securities of any credit quality. The fund is non-diversified.


1 month-10.10% 3 years-3.17%
3 months-21.38% 5 years--
1 year-30.45% Since inception-0.81%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return--+3.75%
Expense ratio11.29%3.86%
Risk 5 year sharpe ratio--0.39
Net assets$47.5M$716.8M
Average market cap$12.6B$9.5B
Average P/E30.823.2
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. stock94.58%
International stock1.45%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
WMB Williams Companies9.15%
ETE Energy Transfer Equity LP9.13%
TRGP Targa Resources Corp8.40%
PAA Plains All American Pipeline LP7.68%
EPD Enterprise Products Partners LP6.59%
KMI Kinder Morgan4.97%
MWE MarkWest Energy Partners LP4.80%
SHLX Shell Midstream Partners LP4.22%
SEMG SemGroup Corp4.04%
ETP Energy Transfer Partners LP3.80%

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