Oppenheimer SteelPath MLP Select 40 Fund Class W (MLPYX)

8.26
Net Asset Value
-0.12%
1 Day
-5.06%
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+2.35% 3 years-5.66%
3 months-0.76% 5 years-0.79%
1 year-5.01% Since inception+4.11%
Data through --

Peer Comparisonvs. Energy limited partnership

 MLPYXCategory
Performance 5-yr return-0.79%-4.92%
Expense ratio0.96%1.69%
Risk 5 year sharpe ratio-0.04-0.12
Net assets$3.2B$772.0M
Average market cap$5.6B$9.7B
Average P/E16.420.2
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. stock93.70%
Other2.28%
Fixed income2.11%
International stock1.91%
Cash0.00%
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 LP5.41%
EPD Enterprise Products Partners LP5.06%
MPLX MPLX LP4.88%
ETE Energy Transfer Equity LP4.63%
BPL Buckeye Partners LP4.35%
HEP Holly Energy Partners LP4.19%
TRGP Targa Resources Corp4.17%
TEGP Tallgrass Energy GP LP3.89%
MMP Magellan Midstream Partners LP3.80%
GEL Genesis Energy LP3.74%