Salient MLP & Energy Infrastructure Fund II

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.

See all Salient Funds funds

See full Equity Energy rankings

See more fund rankings

Performance

Trailing Returns Updated 04.30.2013
Year to date 18.3%
1 Year N/A
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more SMAPX performance

Summary

The investment seeks to provide a high level of total return with an emphasis on making quarterly cash distributions to its shareholders. The fund normally seeks to achieve its investment objective by investing at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of MLPs and Energy Infrastructure Companies. It invests in equity securities such as common units, preferred units, subordinated units, general partner interests, common shares and preferred shares in MLPs and Energy Infrastructure Companies. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Salient MLP & Energy Infrastructure Fund II has an expense ratio of 1.60 percent.

See more SMAPX fees

Risk

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

See more SMAPX risk

Advertisement
Equity Energys
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.