Performance
Trailing returns
| 1 day | +0.10% |
| |||
| 1 week |
| -1.17% | |||
| 4 week |
| -0.97% | |||
| 3 month | +1.70% |
| |||
| YTD | +0.80% |
| |||
| 1 year | +3.60% |
| |||
| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +3.10% | |
| Worst 3 month return | -1.30% |
Morningstar statistics
Morningstar category: Intermediate-Term Bond
Key statistics
| Total assets | 5.38M | |
| Front load | - | |
| Deferred load | 1.00% | |
| Expense ratio | 1.90% | |
| Management fee | - | |
| Fund family | SteelPath |
Asset allocation
| Cash | 12.39% | |
| Stocks | 0.00% | |
| Bonds | 87.61% | |
| Other | 0.00% |
Purchase information
| Initial | US$3,000 | |
| Additional | US$100 |
10.16-0.08(-0.78%)
May 17, 4:00PM EDT
Description
The investment seeks to provide investors with current income and, as a secondary objective, capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the debt securities of MLPs and energy infrastructure industry companies. It may invest in MLPs and energy infrastructure companies of all market capitalization ranges. The fund will invest principally in debt securities issued by MLPs and energy infrastructure companies. Its debt investments may include high yield debt securities. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Brian Watson (Started: Dec 30, 2011)
Sean Wells (Started: Mar 28, 2013)
Brian Watson (Started: Dec 30, 2011)
Sean Wells (Started: Mar 28, 2013)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 1.40 | - | - | - | |
| Beta* | 1.15 | - | - | - | |
| Mean annual return | 0.47 | - | - | - | |
| R-squared* | 35.74 | - | - | - | |
| Standard deviation | 3.77 | - | - | - | |
| Sharpe ratio | 1.45 | - | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Sunoco Logistics Partners 4.65% | 6.06% | |
| Sunoco Logistics Partners 6.1% | 5.33% | |
| Nustar Logistics L P 7.65% | 4.85% | |
| Williams Cos Inc Del 7.5% | 4.70% | |
| Entpr Prods Oper 5.95% | 4.12% | |
| Williams Cos Inc Del 8.75% | 3.83% | |
| Boardwalk Pipelines 5.75% | 3.62% | |
| Tennessee Gas Pipe 8.375% | 3.49% | |
| El Paso Pipe Partners Oper 7.5% | 3.39% | |
| Copano Engy 7.125% | 3.38% |