4 / 5 Stars
3 3 5 2 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#2 in Equity Energy
U.S. News evaluated 46 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 15.05 percent over the past year, and 10.64 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.1%|
|3 Years (Annualized)||10.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide investors with a concentrated portfolio of energy infrastructure Master Limited Partnerships ("MLPs") which the Advisor believes will provide substantial long-term capital appreciation through distribution growth and an attractive level of current income. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 90% of its net assets in the equity securities of MLPs. The MLP securities in which the fund invests are common units representing limited partnership interests of energy infrastructure MLPs. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Oppenheimer SteelPath MLP Alpha Fund has an expense ratio of 1.50 percent.
Risk is Low compared to funds in the same category according to Morningstar.