Salient MLP & Energy Infrastructure Fund II

U.S. News evaluated 48 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

The fund has returned 25.14 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 2.9%
1 Year 25.1%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more SMLPX 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 1.35 percent.

See more SMLPX fees

Risk

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

See more SMLPX risk