Performance
Trailing returns
| 1 day | +0.59% |
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| 1 week | +0.84% |
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| 4 week | +0.17% |
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| 3 month | +4.23% |
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| YTD | +16.11% |
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| 1 year | +25.58% |
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| 3 years* | +13.20% |
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| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +14.65% | |
| Worst 3 month return | -6.20% |
Morningstar statistics
Morningstar category: Equity Energy
| Return | Risk | Rating | |
| 3 years | Average | Low |
|
| 5 years | - | - | - |
| 10 years | - | - | - |
| Overall | Average | Low |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 1.68B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.25% | |
| Management fee | - | |
| Fund family | SteelPath |
Asset allocation
| Cash | -4.44% | |
| Stocks | 104.44% | |
| Bonds | 0.00% | |
| Other | 0.00% |
Purchase information
| Initial | US$1,000,000 | |
| Additional | US$100 |
11.99+0.04(0.33%)
Jun 18, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to provide investors with a concentrated portfolio of energy infrastructure Master Limited Partnerships ("MLPs") which the Advisor believes will provide substantial long-term capital appreciation through distribution growth and an attractive level of current income. 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 MLPs. The MLP securities in which the fund invests are common units representing limited partnership interests of energy infrastructure MLPs. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Brian Watson (Started: Mar 30, 2010)
Gabriel Hammond (Started: Mar 30, 2010)
Stuart Cartner (Started: Mar 30, 2010)
Brian Watson (Started: Mar 30, 2010)
Gabriel Hammond (Started: Mar 30, 2010)
Stuart Cartner (Started: Mar 30, 2010)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 1.54 | 7.90 | - | - | |
| Beta* | 0.77 | 0.36 | - | - | |
| Mean annual return | 1.72 | 1.08 | - | - | |
| R-squared* | 28.58 | 42.20 | - | - | |
| Standard deviation | 9.09 | 8.68 | - | - | |
| Sharpe ratio | 2.27 | 1.48 | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Enterprise Products Partners LP (EPD) | 8.74% | |
| Plains All American Pipeline LP (PAA) | 7.82% | |
| Energy Transfer Equity LP (ETE) | 7.71% | |
| El Paso Pipeline Partners LP (EPB) | 7.59% | |
| Genesis Energy LP (GEL) | 6.41% | |
| Holly Energy (HEP) | 6.01% | |
| Sunoco Logistics Partners (SXL) | 5.68% | |
| Magellan Midstream Partners, L.P. (MMP) | 5.61% | |
| Williams Partners LP (WPZ) | 5.44% | |
| MarkWest Energy Partners LP (MWE) | 5.32% |