Oppenheimer SteelPath MLP Alpha Fund Class Y (MLPOX)

7.62
Net Asset Value
+1.87%
1 Day
-8.08%
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+5.14% 3 years-8.66%
3 months-12.03% 5 years-2.52%
1 year-14.48% Since inception+2.11%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPOXCategory
Performance 5-yr return-2.52%-4.92%
Expense ratio1.93%1.71%
Risk 5 year sharpe ratio-0.20-0.19
Net assets$2.3B$721.3M
Average market cap$11.2B$8.9B
Average P/E16.518.3
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. stock97.18%
Fixed income2.82%
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 LP10.15%
ETP Energy Transfer Partners LP9.60%
ETE Energy Transfer Equity LP8.35%
MPLX MPLX LP7.60%
TRGP Targa Resources Corp7.39%
MMP Magellan Midstream Partners LP6.85%
TCP TC PipeLines LP6.54%
BPL Buckeye Partners LP6.40%
TEGP Tallgrass Energy GP LP5.09%
WPZ Williams Partners LP4.79%