Oppenheimer SteelPath MLP Alpha Plus Fund Class Y (MLPNX)

12.89
Net Asset Value
+0.31%
1 Day
+6.97%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
10.63%
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+3.20% 3 years--
3 months+9.25% 5 years--
1 year+20.50% Since inception+17.87%
Data through --

Peer Comparisonvs. Equity energy

 MLPNXCategory
Performance 5-yr return--+15.50%
Expense ratio10.63%2.59%
Risk 5 year sharpe ratio--0.70
Net assets$225.7M$875.5M
Average market cap$9.3B$16.4B
Average P/E29.821.7
Portfolio turnover15%15%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock135.98%
International stock5.50%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ETE Energy Transfer Equity LP12.23%
EPD Enterprise Products Partners LP11.59%
PAA Plains All American Pipeline LP9.87%
SXL Sunoco Logistics Partners9.57%
RGP Regency Energy Partners LP8.65%
MMP Magellan Midstream Partners, L.P.7.43%
TCP TC Pipelines LP7.32%
DPM DCP Midstream Partners LP6.25%
MWE MarkWest Energy Partners LP5.69%
BPL Buckeye Partners, L.P.5.62%

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