Oppenheimer SteelPath MLP Select 40 Fund Class W (MLPYX)

12.83
Net Asset Value
+0.39%
1 Day
+4.48%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
10.20%
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 the equity securities of master limited partnerships ("MLPs"). It normally invests substantially all of its net assets in the equity securities of a minimum of 40 MLPs. The fund invests in MLPs that primarily derive their revenue from energy infrastructure assets and energy related assets or activities. It may invest in MLPs of all market capitalization ranges.

Performance

1 month+2.64% 3 years+11.34%
3 months+7.04% 5 years--
1 year+14.94% Since inception+12.68%
Data through --

Peer Comparisonvs. Equity energy

 MLPYXCategory
Performance 5-yr return--+15.50%
Expense ratio10.20%2.59%
Risk 5 year sharpe ratio--0.70
Net assets$2.7B$875.5M
Average market cap$7.0B$16.4B
Average P/E24.621.7
Portfolio turnover2%2%

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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. stock104.24%
International stock4.62%
Fixed income0.00%
Cash0.00%
Other0.00%
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
ETE Energy Transfer Equity LP6.04%
PAA Plains All American Pipeline LP5.25%
EPD Enterprise Products Partners LP4.76%
BPL Buckeye Partners, L.P.4.38%
ETP Energy Transfer Partners, L.P.4.13%
SXL Sunoco Logistics Partners4.07%
ACMP Access Midstream Partners LP4.05%
MMP Magellan Midstream Partners, L.P.4.04%
DPM DCP Midstream Partners LP3.75%
OKS ONEOK Partners, L.P.3.61%

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