4 / 5 Stars
3 3 5 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
#7 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 14.33 percent over the past year, and 9.96 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.7%|
|3 Years (Annualized)||10.0%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide investors long-term capital appreciation and attractive levels of current income through diversified exposure to the energy infrastructure Master Limited Partnership ("MLP") asset class. 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 a minimum of forty MLPs. The MLP securities in which the fund invests are common units representing limited partnership interests of energy infrastructure MLPs. It invests in MLPs that primarily derive their revenue from energy infrastructure assets and energy related assets or activities.
Fees are Above Average compared to funds in the same category.
Oppenheimer SteelPath MLP Select 40 Fund has an expense ratio of 1.10 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.