Oppenheimer SteelPath MLP Alpha Plus Fund Class Y (MLPNX)

6.10
Net Asset Value
-0.65%
1 Day
-11.98%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
3.02%
Expense Ratio
High
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. The fund is non-diversified.

Performance

1 month+1.76% 3 years-13.95%
3 months-4.22% 5 years-5.45%
1 year-16.94% Since inception-0.80%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPNXCategory
Performance 5-yr return-5.45%-4.92%
Expense ratio3.02%1.69%
Risk 5 year sharpe ratio-0.12-0.12
Net assets$207.9M$772.0M
Average market cap$10.7B$9.7B
Average P/E16.920.2
Portfolio turnover46%46%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock130.63%
Cash0.38%
International stock0.00%
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 LP14.40%
ETP Energy Transfer Partners LP13.85%
ETE Energy Transfer Equity LP12.01%
MPLX MPLX LP11.11%
TRGP Targa Resources Corp9.33%
MMP Magellan Midstream Partners LP9.29%
BPL Buckeye Partners LP7.53%
TCP TC PipeLines LP7.43%
TEGP Tallgrass Energy GP LP7.27%
WPZ Williams Partners LP6.49%