4 / 5 Stars
4 1 5 3 1
Zacks Investment Research
Standard & Poor's
1 / 5 Stars
#11 in Equity Energy
U.S. News evaluated 42 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 18.46 percent over the past year, and 11.44 percent over the past three years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||15.3%|
|3 Years (Annualized)||11.4%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to generate a high level of inflation-protected current income, primarily through investments in the larger, more liquid energy Master Limited Partnerships ("MLPs"). The fund normally invests at least 90% of net assets in the equity securities of MLPs. The MLP securities in which the fund invests are common units representing limited partnership interest of energy infrastructure MLPs. It also may invest in securities issued by open- and closed-end investment companies, including money market funds, and the retail shares of actively managed and index exchange-traded funds, as well as cash and cash equivalents. The fund is non-diversified.
Fees are High compared to funds in the same category.
Oppenheimer SteelPath MLP Income Fund has an expense ratio of 1.35 percent.
Risk is Low compared to funds in the same category according to Morningstar.