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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 the equity securities of master limited partnerships ("MLPs"). While the fund principally invests in Midstream MLPs, it may invest in MLPs that primarily derive their revenue from other energy infrastructure assets and energy related assets or activities. The fund may invest in MLPs of all market capitalization ranges. It is non-diversified.


1 month+3.71% 3 years-7.91%
3 months+40.29% 5 years--
1 year-32.23% Since inception-0.50%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return---1.06%
Expense ratio3.05%1.80%
Risk 5 year sharpe ratio--0.15
Net assets$224.0M$792.0M
Average market cap$7.4B$8.2B
Average P/E14.321.3
Portfolio turnover39%39%

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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


U.S. stock118.18%
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
MMP Magellan Midstream Partners LP11.30%
SXL Sunoco Logistics Partners LP11.05%
EPD Enterprise Products Partners LP10.49%
TCP TC PipeLines LP8.94%
ETP Energy Transfer Partners LP8.92%
TEGP Tallgrass Energy GP LP6.23%
BPL Buckeye Partners LP5.45%
ETE Energy Transfer Equity LP4.54%
EQM EQT Midstream Partners LP4.43%

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