Oppenheimer SteelPath MLP Alpha Plus Fund Class Y (MLPNX)

13.40
Net Asset Value
-1.25%
1 Day
+11.20%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
20.20%
Expense Ratio
--
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.

Performance

1 month-5.57% 3 years--
3 months-2.14% 5 years--
1 year+18.93% Since inception+20.41%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPNXCategory
Performance 5-yr return----
Expense ratio20.20%5.31%
Risk 5 year sharpe ratio----
Net assets$405.4M$1.3B
Average market cap$11.6B--
Average P/E30.8--
Portfolio turnover15%15%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 2 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock137.35%
International stock5.44%
Cash1.70%
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 LP11.35%
MMP Magellan Midstream Partners, L.P.9.97%
PAA Plains All American Pipeline LP9.87%
ETE Energy Transfer Equity LP9.07%
RGP Regency Energy Partners LP8.54%
TCP TC Pipelines LP8.43%
SXL Sunoco Logistics Partners LP8.14%
MWE MarkWest Energy Partners LP7.04%
BPL Buckeye Partners LP6.80%
ACMP Access Midstream Partners LP6.22%

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