Advisory Research MLP & Energy Infrastructure Fund Class I (MLPPX)

Net Asset Value
1 Day
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks current income and secondarily to seek long-term capital appreciation. Under normal market conditions- the fund will invest at least 80% of its total assets in equity and debt securities of master limited partnerships ("MLPs") focused in the energy infrastructure sector- and in equity and debt securities of other companies focused in the energy infrastructure sector. Companies focused in the energy infrastructure include MLP parent companies and other MLP affiliates (together with MLPs- "MLP Entities")- which may invest their assets in varying degrees in MLPs. The fund is non-diversified.


1 month+0.84% 3 years-8.03%
3 months+9.38% 5 years-0.39%
1 year+5.12% Since inception+4.73%
Data through --

Peer Comparisonvs. Energy limited partnership

Performance 5-yr return-0.39%-4.92%
Expense ratio0.91%1.70%
Risk 5 year sharpe ratio0.02-0.05
Net assets$293.3M$840.0M
Average market cap$9.6B$11.1B
Average P/E20.220.1
Portfolio turnover28%28%

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Fund Management and Purchase Info

Fund familyAdvisory Research
Fund manager & tenureJames Cunnane / 7 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$5,000,000.00


U.S. stock69.59%
Fixed income22.65%
International stock4.48%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
DCP DCP Midstream LP6.83%
OKE ONEOK Inc6.55%
WMB Williams Companies5.05%
TRGP Targa Resources Corp4.86%
KMI Kinder Morgan4.76%
ENLC EnLink Midstream LLC4.66%
-- 4.48%
-- 4.43%
TEGP Tallgrass Energy GP LP4.41%