4 / 5 Stars
Zacks Investment Research
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 49 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 10.26 percent over the past year, and 9.58 percent over the past three years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||3.5%|
|3 Years (Annualized)||9.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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.
Fees are High compared to funds in the same category.
Oppenheimer SteelPath MLP Select 40 Fund has an expense ratio of 1.85 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.