Oppenheimer SteelPath MLP Select 40 Fund Class Y (MLPTX)

8.07
Net Asset Value
-0.74%
1 Day
-7.24%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
0.96%
Expense Ratio
Below 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.

Performance

1 month+3.99% 3 years-5.94%
3 months-9.06% 5 years-0.88%
1 year-9.51% Since inception+3.39%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPTXCategory
Performance 5-yr return-0.88%-4.92%
Expense ratio0.96%1.71%
Risk 5 year sharpe ratio-0.12-0.19
Net assets$3.0B$721.3M
Average market cap$6.1B$8.9B
Average P/E18.018.3
Portfolio turnover13%13%

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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. stock97.41%
International stock2.15%
Other1.27%
Cash0.24%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Energy 93.06%
Utilities 2.86%
Industrial materials 2.28%
Business service 1.80%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
ETP Energy Transfer Partners LP5.63%
ETE Energy Transfer Equity LP5.32%
EPD Enterprise Products Partners LP5.17%
MPLX MPLX LP4.94%
BPL Buckeye Partners LP4.70%
TCP TC PipeLines LP4.47%
TEGP Tallgrass Energy GP LP4.43%
HEP Holly Energy Partners LP4.10%
MMP Magellan Midstream Partners LP3.91%
TEP Tallgrass Energy Partners LP3.72%