Highland Energy MLP Fund Class Y (HEFYX)

11.20
Net Asset Value
+0.27%
1 Day
+0.63%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
10.29%
Expense Ratio
Low
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. It intends to invest at least 80% of its net assets in a portfolio of MLPs investments. The fund may invest up to 20% of its total assets in a wide variety of securities and financial instruments, of all kinds and descriptions. It 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. The fund may invest in securities of issuers of any market capitalization and securities of any credit quality. It is non-diversified.

Performance

1 month+0.40% 3 years+12.72%
3 months+2.30% 5 years--
1 year+0.62% Since inception+11.56%
Data through --

Peer Comparisonvs. Energy limited partnership

 HEFYXCategory
Performance 5-yr return--+9.47%
Expense ratio10.29%3.99%
Risk 5 year sharpe ratio--1.13
Net assets$62.2M$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$0.00
Minimum IRA investment--

Holdings

U.S. stock93.68%
International stock4.04%
Cash2.27%
Fixed income0.00%
Other0.00%
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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