Oppenheimer SteelPath MLP Alpha Fund Class C Shares (MLPGX)

13.07
Net Asset Value
0.00%
1 Day
+8.55%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
16.13%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of master limited partnerships ("MLPs"). It principally invests in a concentrated portfolio of approximately twenty MLPs that primarily derive their revenue from businesses involved in the gathering, transporting, processing, treating, terminalling, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined products or coal ("Midstream MLPs"). The fund is non-diversified.

Performance

1 month+8.04% 3 years+13.55%
3 months-1.56% 5 years--
1 year+15.46% Since inception+14.34%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPGXCategory
Performance 5-yr return----
Expense ratio16.13%6.08%
Risk 5 year sharpe ratio----
Net assets$5.1B$1.3B
Average market cap$11.6B--
Average P/E30.8--
Portfolio turnover9%9%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock106.68%
International stock4.22%
Cash1.05%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
EPD Enterprise Products Partners LP8.89%
MMP Magellan Midstream Partners, L.P.7.81%
PAA Plains All American Pipeline LP7.54%
ETE Energy Transfer Equity LP7.10%
RGP Regency Energy Partners LP6.64%
TCP TC Pipelines LP6.58%
SXL Sunoco Logistics Partners LP6.36%
MWE MarkWest Energy Partners LP5.50%
BPL Buckeye Partners LP5.31%
ACMP Access Midstream Partners LP4.86%

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