Oppenheimer SteelPath MLP Alpha Fund Class Y (MLPOX)

7.65
Net Asset Value
+1.32%
1 Day
-7.72%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
1.93%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in MLP investments of issuers that are engaged in the transportation- storage- processing- refining- marketing- exploration- production- and mining of minerals and natural resources. It invests in MLP investments that primarily derive their revenue from businesses engaged in the gathering- processing- transporting- terminalling- storing- distributing- or marketing of natural gas- natural gas liquids- crude oil- refined products or other hydrocarbons. The fund is non-diversified.

Performance

1 month-0.21% 3 years-7.23%
3 months+5.56% 5 years-2.21%
1 year-4.55% Since inception+3.45%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPOXCategory
Performance 5-yr return-2.21%-4.92%
Expense ratio1.93%1.70%
Risk 5 year sharpe ratio-0.05-0.05
Net assets$2.4B$840.0M
Average market cap$10.7B$9.9B
Average P/E16.920.1
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock97.98%
Fixed income2.02%
International stock0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 97.47%
Utilities 2.53%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
EPD Enterprise Products Partners LP10.81%
ETP Energy Transfer Partners LP10.36%
ETE Energy Transfer Equity LP8.99%
MPLX MPLX LP8.39%
TRGP Targa Resources Corp6.99%
MMP Magellan Midstream Partners LP6.96%
BPL Buckeye Partners LP5.66%
TCP TC PipeLines LP5.58%
TEGP Tallgrass Energy GP LP5.45%
WPZ Williams Partners LP4.87%