Highland Energy MLP Fund

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.

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Performance

The fund has returned 14.79 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 3.2%
1 Year 14.8%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide investors with current income and capital appreciation. The fund seeks to achieve its objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of MLP investments. MLPs typically are characterized as "publicly traded partnerships" that qualify to be treated as partnerships for U.S. federal income tax purposes and are principally engaged in one or more aspects of the exploration, production, processing, transmission, marketing, storage or delivery of energy-related commodities. It is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Highland Energy MLP Fund has an expense ratio of 1.24 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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