4 / 5 Stars
1 1 5 4
Zacks Investment Research
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 48 Equity Energy Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 7.91 percent over the past year, and 7.26 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-0.1%|
|3 Years (Annualized)||7.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks maximum total return with an emphasis on providing cash distributions to shareholders. The fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in common units of MLPs and equity securities of "MLP affiliates" which the fund's sub-advisor defines as entities issuing MLP I-shares, general partners of MLPs and other entities that may own interests of MLPs. It will concentrate (i.e., invest more than 25% of its net assets) in securities of companies in the energy industry, and it intends to make the majority of its investments in "midstream" MLPs. The fund is non-diversified.
Fees are High compared to funds in the same category.
Center Coast MLP Focus Fund has an expense ratio of 2.21 percent.
Risk is Low compared to funds in the same category according to Morningstar.