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Oppenheimer SteelPath MLP Alpha Plus Fund Class C (MLPMX)

Net Asset Value
1 Day
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
Expense Ratio
Above 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 master limited partnership ("MLP") investments of issuers that are engaged in the transportation- storage- processing- refining- marketing- exploration- production- and mining of minerals and natural resources. It may invest in securities issued by open- and closed-end investment companies. The fund is non-diversified.


1 month+10.54% 3 years-7.81%
3 months+8.95% 5 years-0.60%
1 year-5.18% Since inception+0.20%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return-0.60%-0.05%
Expense ratio4.27%2.19%
Risk 5 year sharpe ratio0.060.11
Net assets$224.0M$796.7M
Average market cap$11.0B$8.9B
Average P/E16.521.9
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


U.S. stock126.98%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ETP Energy Transfer Partners LP12.60%
ETE Energy Transfer Equity LP11.47%
EPD Enterprise Products Partners LP10.64%
TRGP Targa Resources Corp9.34%
TCP TC PipeLines LP9.22%
MMP Magellan Midstream Partners LP9.18%
BPL Buckeye Partners LP8.97%
TEGP Tallgrass Energy GP LP6.44%
WPZ Williams Partners LP6.16%