Oppenheimer SteelPath MLP Alpha Plus Fund Class Y (MLPNX)

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-12.82% 3 years-15.11%
3 months-15.21% 5 years-6.76%
1 year-26.57% Since inception-0.71%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return-6.76%-0.05%
Expense ratio3.04%1.72%
Risk 5 year sharpe ratio-0.09-0.07
Net assets$202.9M$773.0M
Average market cap$11.3B$9.5B
Average P/E16.419.9
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--


U.S. stock127.85%
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
EPD Enterprise Products Partners LP13.34%
ETP Energy Transfer Partners LP13.27%
ETE Energy Transfer Equity LP10.74%
TRGP Targa Resources Corp9.72%
MMP Magellan Midstream Partners LP9.02%
TCP TC PipeLines LP8.40%
BPL Buckeye Partners LP8.19%
TEGP Tallgrass Energy GP LP6.69%
WPZ Williams Partners LP6.28%