Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Highland Energy MLP Fund Class C (HEFCX)

4.34
Net Asset Value
-1.37%
1 Day
-7.86%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
7.88%
Expense Ratio
High
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. In addition, the fund may invest up to 20% of the value of its total assets in a wide variety of securities and financial instruments, of all kinds and descriptions, that are not MLP investments, such as equity securities, equity-linked securities, fixed income securities (including "junk securities"), and money market securities. The fund is non-diversified.

Performance

1 month+6.82% 3 years-20.76%
3 months+53.59% 5 years--
1 year-57.05% Since inception-11.78%
Data through --

Peer Comparisonvs. Energy limited partnership

 HEFCXCategory
Performance 5-yr return---1.06%
Expense ratio7.88%1.80%
Risk 5 year sharpe ratio--0.15
Net assets$27.2M$792.0M
Average market cap$6.7B$8.2B
Average P/E21.321.3
Portfolio turnover33%33%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureMatthew Gray / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock94.80%
Cash3.27%
International stock1.93%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
PAA Plains All American Pipeline LP9.92%
ETE Energy Transfer Equity LP8.52%
SHLX Shell Midstream Partners LP8.36%
EPD Enterprise Products Partners LP7.99%
MPLX MPLX LP7.96%
TLLP Tesoro Logistics LP7.10%
WGP Western Gas Equity Partners LP6.77%
TRGP Targa Resources Corp5.55%
ETP Energy Transfer Partners LP5.35%
PAGP Plains GP Holdings LP4.36%

Partner Offers