Oppenheimer SteelPath MLP Alpha Fund Class Y (MLPOX)

12.95
Net Asset Value
+0.23%
1 Day
+4.94%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
10.56%
Expense Ratio
Low
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"). It principally invests in a concentrated portfolio of approximately twenty MLPs that primarily derive their revenue from businesses involved in the gathering, transporting, processing, treating, terminalling, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined products or coal ("Midstream MLPs"). The fund is non-diversified.

Performance

1 month+2.45% 3 years+12.35%
3 months+7.02% 5 years--
1 year+15.84% Since inception+13.00%
Data through --

Peer Comparisonvs. Equity energy

 MLPOXCategory
Performance 5-yr return--+15.50%
Expense ratio10.56%2.59%
Risk 5 year sharpe ratio--0.70
Net assets$3.6B$875.5M
Average market cap$9.2B$16.4B
Average P/E29.921.7
Portfolio turnover9%9%

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Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureBrian Watson / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock101.13%
International stock4.11%
Fixed income0.00%
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
ETE Energy Transfer Equity LP9.00%
EPD Enterprise Products Partners LP8.55%
PAA Plains All American Pipeline LP7.38%
SXL Sunoco Logistics Partners7.04%
RGP Regency Energy Partners LP6.39%
MMP Magellan Midstream Partners, L.P.5.47%
TCP TC Pipelines LP5.38%
DPM DCP Midstream Partners LP4.60%
MWE MarkWest Energy Partners LP4.34%
BPL Buckeye Partners, L.P.4.15%

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